---
title: "Professional Valuation of Financial Assets for FCDO Financial Year Ends 2020/21 and 2021/22"
ocid: "ocds-b5fd17-7a2454bf-7dd3-483b-b2fc-fc355dd4a9e6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7a2454bf-7dd3-483b-b2fc-fc355dd4a9e6"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7a2454bf-7dd3-483b-b2fc-fc355dd4a9e6.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-7a2454bf-7dd3-483b-b2fc-fc355dd4a9e6.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE"
published: "2024-02-19"
---

# Professional Valuation of Financial Assets for FCDO Financial Year Ends 2020/21 and 2021/22

Buyer: FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-7a2454bf-7dd3-483b-b2fc-fc355dd4a9e6

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## Summary

The Foreign, Commonwealth and Development Office (FCDO) has awarded a contract for the Professional Valuation of Financial Assets for FCDO Financial Year Ends 2020/21 and 2021/22. The procurement method used was selective, involving a call-off from a framework agreement. The contract value is £126,225 GBP, with a contract period starting on March 1, 2021, and ending on April 15, 2022. The tender deadline was February 15, 2021, and the contract has been awarded to Azets Holdings Limited.

This tender presents an opportunity for businesses operating in financial consultancy services and legal insurance to provide annual valuations of balance sheet items for FCDO's disaster risk insurance and financial sector deepening programmes. The FCDO is based in Renfrew, England, and the contract covers various locations, including British Oversea Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom. Small and medium-sized enterprises (SMEs) are considered suitable for this procurement process.

## Notice

The Foreign, Commonwealth and Development Office (FCDO) must recognise six balance sheet items: five are in connection with its Disaster Risk Insurance Programme and one is in connection with its Financial Sector Deepening Africa Programme. The Supplier will be engaged to provide annual valuations of these items in accordance with International Financial Reporting Standards (IFRS) for the close of the next two FCDO financial years: year ending 31 March 2021; and year ending 31 March 2022.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/64ceb0d7-db87-4ebd-a16f-4b9c76098138 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Feb 2024 |
| Submission deadline | 15 Feb 2021 |
| Future notice date | Not specified |
| Award date | 1 Mar 2021 |
| Contract period | 1 Mar 2021 - 15 Apr 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £126,225 |
| Lots value | Not specified |
| Awards value | £126,225 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE |
| Locality | RENFREW |
| Post town | Paisley |
| Postcode | PA4 8WF |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM3 West Central Scotland |
| ITL 3 | TLM33 Inverclyde, East Renfrewshire, and Renfrewshire |
| Local authority | Renfrewshire |
| Electoral ward | Renfrew North and Braehead |
| Westminster constituency | Paisley and Renfrewshire North |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AZETS HOLDINGS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services
- 66513000 - Legal insurance and all-risk insurance services

## Release History

- 19 Feb 2024 at 05:20 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/64ceb0d7-db87-4ebd-a16f-4b9c76098138

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/64ceb0d7-db87-4ebd-a16f-4b9c76098138
  19th February 2024 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-7a2454bf-7dd3-483b-b2fc-fc355dd4a9e6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-7a2454bf-7dd3-483b-b2fc-fc355dd4a9e6.json.