---
title: "VALUATIONS FOR CAPITAL ACCOUNTING"
ocid: "ocds-b5fd17-ac53583b-f166-4747-a2a6-312cab29cea2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-ac53583b-f166-4747-a2a6-312cab29cea2"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-ac53583b-f166-4747-a2a6-312cab29cea2.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-ac53583b-f166-4747-a2a6-312cab29cea2.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "GOSPORT BOROUGH COUNCIL"
published: "2025-02-24"
---

# VALUATIONS FOR CAPITAL ACCOUNTING

Buyer: GOSPORT BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-ac53583b-f166-4747-a2a6-312cab29cea2

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-ac53583b-f166-4747-a2a6-312cab29cea2)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-ac53583b-f166-4747-a2a6-312cab29cea2.json)

## Summary

Gosport Borough Council has completed the procurement process for the service of valuations for capital accounting purposes under the title "VALUATIONS FOR CAPITAL ACCOUNTING". This tender, classified under the Financial and Insurance Services industry category (CPV code 66000000), involves the valuation of assets following the IFRS-based Code of Practice on Local Authority Accounting and the RICS Red Book standards. The buying organisation, Gosport Borough Council, is located in Gosport, United Kingdom. The procurement method utilised was an open procedure, with key stages including the tender period ending on 17 January 2025, the contract starting on 17 February 2025, and ending on 31 March 2028. The contract was awarded to Bruton Knowles on 11 February 2025.

This tender presents substantial opportunities for business growth, particularly for small and medium-sized enterprises (SMEs), as it features service provision aligned with crucial IFRS standards. Companies with expertise in financial and insurance services, particularly those that specialise in valuations and capital accounting, would find this contract beneficial. The procurement process also facilitates fair competition through its open procedure, providing a transparent and accessible platform for qualified businesses to vie for government contracts, thus encouraging an inclusive market environment. This engagement with Gosport Borough Council can help businesses enhance their portfolios and establish long-term relationships with public sector clients.

## Notice

Gosport Borough Council is inviting contractors to submit a tender for the provision of a service for the valuation of assets for capital accounting purposes in accordance with the International Financial Reporting Standards (IFRS) - based Code of Practice on Local Authority Accounting, published by Cipfa and the RICS Red Book and accounting for leases following IFRS16.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/0ce49d78-4c1b-4919-9f32-c9403bfddd8b |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Feb 2025 |
| Submission deadline | 17 Jan 2025 |
| Future notice date | Not specified |
| Award date | 11 Feb 2025 |
| Contract period | 17 Feb 2025 - 31 Mar 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £65,407 |
| 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 | GOSPORT BOROUGH COUNCIL |
| Locality | GOSPORT |
| Post town | Portsmouth |
| Postcode | PO12 1EB |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ3 Hampshire and Isle of Wight |
| ITL 3 | TLJ35 South Hampshire |
| Local authority | Gosport |
| Electoral ward | Harbourside & Town |
| Westminster constituency | Gosport |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BRUTON KNOWLES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 24 Feb 2025 at 15:02 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/0ce49d78-4c1b-4919-9f32-c9403bfddd8b
- 10 Dec 2024 at 15:40 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/beb6002f-3241-43e4-8821-571673e9dfc3

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/0ce49d78-4c1b-4919-9f32-c9403bfddd8b
  24th February 2025 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/beb6002f-3241-43e4-8821-571673e9dfc3
  10th December 2024 - Opportunity notice on Contracts Finder
- https://sebp.due-north.com/
  This opportunity is being advertised on the South East Business Portal

## Notice URLs

- http://www.gosport.gov.uk

## 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-ac53583b-f166-4747-a2a6-312cab29cea2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-ac53583b-f166-4747-a2a6-312cab29cea2.json.