---
title: "DRC Asset Evaluation - Phase 2"
ocid: "ocds-b5fd17-9799e7fe-1495-427f-8800-df1e73e91ad9"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-9799e7fe-1495-427f-8800-df1e73e91ad9"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-9799e7fe-1495-427f-8800-df1e73e91ad9.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-9799e7fe-1495-427f-8800-df1e73e91ad9.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEFRA NETWORK ETENDERING PORTAL"
published: "2022-12-20"
---

# DRC Asset Evaluation - Phase 2

Buyer: DEFRA NETWORK ETENDERING PORTAL  
Current stage: Award  
OCID: ocds-b5fd17-9799e7fe-1495-427f-8800-df1e73e91ad9

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-9799e7fe-1495-427f-8800-df1e73e91ad9)  
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## Summary

The Defra Network eTendering Portal has awarded a contract for the project titled "DRC Asset Evaluation - Phase 2". The project involves valuing the Environment Agency's fixed assets in compliance with RICS standards. The procurement method used was selective, involving a call-off from a framework agreement. The contract period runs from September 12, 2022, to June 30, 2023. Turner & Townsend was the successful supplier, with a contract value of £231,943.20 GBP. The location for this project spans various regions, including the UK and overseas territories.

This tender presents an opportunity for businesses in the construction consultancy services sector, particularly those experienced in asset valuation projects compliant with RICS standards. Small and medium-sized enterprises (SMEs) are well-suited to compete for this contract. The procurement stage has reached the award phase, offering insights into successful bidders and contract details. Businesses interested in collaborating with the Environment Agency should consider leveraging their expertise in asset valuation and compliance with industry standards to secure similar government contracts in the future.

## Notice

The Depreciated Replacement Cost (DRC) Asset Valuation project exists to deliver a valuation of the Environment Agency's (EA) operational fixed assets in compliance with the Royal Institute of Chartered Surveyors (RICS) standards.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/82df4f18-ac93-46b2-9ddc-55e0f023350f |
| 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 | 20 Dec 2022 |
| Submission deadline | 5 Sep 2022 |
| Future notice date | Not specified |
| Award date | 8 Sep 2022 |
| Contract period | 11 Sep 2022 - 30 Jun 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £231,943 |
| 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 | DEFRA NETWORK ETENDERING PORTAL |
| Locality | WARRINGTON |
| Post town | Warrington |
| Postcode | WA4 1HT |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD6 Cheshire |
| ITL 3 | TLD61 Warrington |
| Local authority | Warrington |
| Electoral ward | Latchford East |
| Westminster constituency | Warrington South |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | TURNER & TOWNSEND |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services

### Codes

- 71530000 - Construction consultancy services

## Release History

- 20 Dec 2022 at 16:49 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/82df4f18-ac93-46b2-9ddc-55e0f023350f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/82df4f18-ac93-46b2-9ddc-55e0f023350f
  20th December 2022 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/4f76dd52-f0e2-44f4-b6f2-3396dfaf41cf
  n/a

## 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-b5fd17-9799e7fe-1495-427f-8800-df1e73e91ad9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-9799e7fe-1495-427f-8800-df1e73e91ad9.json.