---
title: "Asset Valuation"
ocid: "ocds-b5fd17-8d50165b-5c45-4c2a-9640-4b66bfe3e3f6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-8d50165b-5c45-4c2a-9640-4b66bfe3e3f6"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-8d50165b-5c45-4c2a-9640-4b66bfe3e3f6.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-8d50165b-5c45-4c2a-9640-4b66bfe3e3f6.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "ST ALBANS CITY & DISTRICT"
published: "2023-03-01"
---

# Asset Valuation

Buyer: ST ALBANS CITY & DISTRICT  
Current stage: Award  
OCID: ocds-b5fd17-8d50165b-5c45-4c2a-9640-4b66bfe3e3f6

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## Summary

The St Albans City & District Council has recently awarded a contract for Asset Valuation services through a selective procurement method, calling off from a framework agreement. The contract involves the valuation of buildings and land for Capital Accounting Purposes, with a total value of £170,000. The contract period runs from February 20, 2023, to February 19, 2026. The buying organisation handling this procurement is St Albans City & District located in ST ALBANS, England, within the services category. The tender deadline was on November 15, 2022.

This tender for Asset Valuation services presents business growth opportunities for qualified service providers, especially those offering financial auditing, statutory audit, and evaluation consultancy services. Small and medium-sized enterprises (SMEs) are considered suitable for this procurement as indicated by the procurement suitability criteria. Businesses based in the South East region of the United Kingdom would find this opportunity particularly relevant. CBRE Limited has been awarded the contract, showcasing the potential for similar service providers to succeed in future procurements within the same industry category.

## Notice

The Council wishes to appoint a suitably qualified Service Provider to undertake the provision of supplying an Asset Valuation Service in relation to valuation of its buildings and land (both General Fund and Housing Revenue Account assets) for the Capital Accounting Purposes.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f0f60542-8db5-427c-bcd9-3534da9a4004 |
| 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 | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 Mar 2023 |
| Submission deadline | 15 Nov 2022 |
| Future notice date | Not specified |
| Award date | 22 Dec 2022 |
| Contract period | 20 Feb 2023 - 19 Feb 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £170,000 |
| Lots value | Not specified |
| Awards value | £139,475 |
| 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 | ST ALBANS CITY & DISTRICT |
| Locality | ST ALBANS |
| Post town | St Albans |
| Postcode | AL1 3JE |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH2 Bedfordshire and Hertfordshire |
| ITL 3 | TLH27 South West Hertfordshire |
| Local authority | St Albans |
| Electoral ward | St Peters |
| Westminster constituency | St Albans |
| Delivery location | TLJ South East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CBRE |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79212100 - Financial auditing services
- 79212300 - Statutory audit services
- 79419000 - Evaluation consultancy services

## Release History

- 1 Mar 2023 at 10:44 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/f0f60542-8db5-427c-bcd9-3534da9a4004

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/f0f60542-8db5-427c-bcd9-3534da9a4004
  1st March 2023 - 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-b5fd17-8d50165b-5c45-4c2a-9640-4b66bfe3e3f6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-8d50165b-5c45-4c2a-9640-4b66bfe3e3f6.json.