---
title: "CPT_23_63 Asset Valuation"
ocid: "ocds-b5fd17-99da53a2-d87c-46a6-b0d5-6750e122ccde"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-99da53a2-d87c-46a6-b0d5-6750e122ccde"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-99da53a2-d87c-46a6-b0d5-6750e122ccde.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-99da53a2-d87c-46a6-b0d5-6750e122ccde.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NATIONAL AUDIT OFFICE"
published: "2024-01-11"
---

# CPT_23_63 Asset Valuation

Buyer: NATIONAL AUDIT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-99da53a2-d87c-46a6-b0d5-6750e122ccde

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## Summary

The National Audit Office has awarded a contract for asset valuation services to Montagu Evans LLP through the Crown Commercial Services Estate Management Services framework. The contract will run from 1st January 2024 to 31st December 2027, with a possible extension until 31st December 2029. The total value of the contract is £55,000 GBP, and the procurement method used was a direct award from the framework. The National Audit Office is the buying organisation, located in London, England, operating in the services industry category.

This tender opportunity for asset valuation services by the National Audit Office presents a lucrative prospect for businesses, especially those providing statutory audit services. The procurement stage is complete, with the contract already awarded. Businesses that specialise in asset valuation or related services in the United Kingdom would find this opportunity well-suited for their competitive advantage, given the contract's duration and value. The National Audit Office's SME preference offers smaller businesses a chance to participate and potentially expand their operations through this contract.

## Notice

National Audit Office (NAO) awarded a contract to Montagu Evans LLP using Lot 5: Valuation and Compulsory Purchase Orders of Crown Commercial Services Estate Management Services framework. The selected supplier will be providing asset valuation service to the NAO and the contract will run for an initial 3 years from Monday 1st January 2024 until Friday 31st December 2027 with an optional extension period of 2 periods of up to 12 months each until Friday 31st December 2029.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/20f10479-8074-459d-b48d-d51078d6d259 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Direct Award from Framework |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Jan 2024 |
| Submission deadline | 1 Dec 2023 |
| Future notice date | Not specified |
| Award date | 15 Dec 2023 |
| Contract period | 1 Jan 2024 - 31 Dec 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £55,000 |
| Lots value | Not specified |
| Awards value | £55,000 |
| 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 | NATIONAL AUDIT OFFICE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1W 9SP |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | Pimlico North |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MONTAGU EVANS |

## CPV Codes

### Divisions

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

### Codes

- 79212300 - Statutory audit services

## Release History

- 11 Jan 2024 at 10:47 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/20f10479-8074-459d-b48d-d51078d6d259

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/20f10479-8074-459d-b48d-d51078d6d259
  11th January 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-b5fd17-99da53a2-d87c-46a6-b0d5-6750e122ccde. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-99da53a2-d87c-46a6-b0d5-6750e122ccde.json.
