---
title: "Asset and Insurance Valuation"
ocid: "ocds-b5fd17-bce47049-5b16-46b1-ac28-f2939cb2c0bc"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-bce47049-5b16-46b1-ac28-f2939cb2c0bc"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-bce47049-5b16-46b1-ac28-f2939cb2c0bc.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-bce47049-5b16-46b1-ac28-f2939cb2c0bc.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "TEST VALLEY BOROUGH COUNCIL"
published: "2025-02-13"
---

# Asset and Insurance Valuation

Buyer: TEST VALLEY BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-bce47049-5b16-46b1-ac28-f2939cb2c0bc

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-bce47049-5b16-46b1-ac28-f2939cb2c0bc.json)

## Summary

Test Valley Borough Council is seeking to appoint a consultant or firm to deliver annual asset valuation and insurance valuation reports in line with CIPFA and RICS regulations. This procurement, classified under the real estate services industry category, is set in South East, United Kingdom. The contract is awarded through an open procedure and spans from 17th December 2024 to 16th December 2030, with an initial term of 3 years and a possible extension to a maximum of 6 years. The tendering process was completed, with the award made to Carter Jonas LLP on 16th December 2024 for a total value of £322,325, and further procurement details are available online.

This tender presents significant growth opportunities for businesses specialising in real estate services, particularly those adept in providing comprehensive asset and insurance valuation reports. Small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are particularly well-suited to compete for such contracts given their often agile and client-responsive nature. The services required include delivering timely evaluation reports and responding to auditors' and insurers' queries, making it an excellent opportunity for businesses looking to establish or expand their portfolio within the public sector.

## Notice

Test Valley Borough Council is seeking to appoint consultant or firm to provide annual asset valuation reports and insurance valuation reports in accordance with CIPFA and RICS regulations. The contract duration is 3 Years (with the possibility of 3 year extension, to a maximum of 6 years, subject to satisfactory performance and the agreement of both parties). The services to be provided will also include providing responses to auditor's and insurer's questions within specified timescales. Further details are available at https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=87054&B=UK

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/aad2141a-60b2-41b1-991b-4e1019fb3dfb |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Feb 2025 |
| Submission deadline | 25 Nov 2024 |
| Future notice date | Not specified |
| Award date | 16 Dec 2024 |
| Contract period | 16 Dec 2024 - 16 Dec 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £180,000 |
| Lots value | Not specified |
| Awards value | £322,325 |
| 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 | TEST VALLEY BOROUGH COUNCIL |
| Locality | ANDOVER |
| Post town | Salisbury |
| Postcode | SP10 3AJ |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ3 Hampshire and Isle of Wight |
| ITL 3 | TLJ36 Central Hampshire |
| Local authority | Test Valley |
| Electoral ward | Andover Millway |
| Westminster constituency | North West Hampshire |
| Delivery location | TLJ South East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CARTER JONAS |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70000000 - Real estate services

## Release History

- 13 Feb 2025 at 11:09 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/aad2141a-60b2-41b1-991b-4e1019fb3dfb

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/aad2141a-60b2-41b1-991b-4e1019fb3dfb
  13th February 2025 - Awarded contract notice on Contracts Finder
- https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=87054&B=UK
  Additional data
- https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/67140
  User / Company

## 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-bce47049-5b16-46b1-ac28-f2939cb2c0bc. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-bce47049-5b16-46b1-ac28-f2939cb2c0bc.json.