--- title: "Estates Valuation Services" ocid: "ocds-b5fd17-c251878f-f376-4844-a3c3-167cecd8a4d3" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c251878f-f376-4844-a3c3-167cecd8a4d3" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c251878f-f376-4844-a3c3-167cecd8a4d3.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-c251878f-f376-4844-a3c3-167cecd8a4d3.json" source: "Contracts Finder" current_stage: "Tender" buyer: "THE POLICE & CRIME COMMISSIONER FOR LINCOLNSHIRE" published: "2019-09-04" --- # Estates Valuation Services Buyer: THE POLICE & CRIME COMMISSIONER FOR LINCOLNSHIRE Current stage: Tender OCID: ocds-b5fd17-c251878f-f376-4844-a3c3-167cecd8a4d3 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-c251878f-f376-4844-a3c3-167cecd8a4d3) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-c251878f-f376-4844-a3c3-167cecd8a4d3.json) ## Summary The procurement process titled "Estates Valuation Services" is being conducted by The Police & Crime Commissioner for Lincolnshire as part of their asset management obligations. This tender falls under the Treasury services category within the services industry and is specifically aimed at locations in the East Midlands, United Kingdom. The procurement is currently at the Tender stage, with a deadline for submissions set for 4th October 2019. The contract period will commence on 1st November 2019 and run until 31st October 2021, and it utilizes an open procedure for supplier selection. This tender presents a significant opportunity for businesses specialising in property valuation, accounting, and consultancy services, particularly small and medium-sized enterprises (SMEs). Companies that have experience in complying with RICS Appraisal and Valuation standards and have the capability to manage the valuation of diverse property types in accordance with CIPFA requirements would be well-positioned to compete. Engaging in this tender not only allows firms to demonstrate their expertise but also fosters long-term partnerships with a key public sector organisation. ## Notice The CIPFA code of practice on local authority accounting 2018/19 requires that 'assets must be revalued every five years as a minimum, but confirms that assets must be revalued more regularly where a five-yearly valuation is insufficient to keep pace with material changes in current value'. The five year milestone is 01.04.2021, however with the potential for a new valuer being appointed it is prudent to have them carry out a full revaluation as at 01.04.2019. A full revaluation will require every property to have a site visit, and will therefore require valuers to be vetted. There are a mixture of property types that will need to be classified in accordance with CIPFA and RICS. Valuation bases will need to be agreed between Lincolnshire Police and the valuer. Accounting Policies of Lincolnshire Police will need to be adhered to. Throughout the valuation exercise the valuer must adhere to RICS Appraisal and Valuation standards (Red Book) and CIPFA requirements. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/31149889-41b5-461e-9144-8a2baf907f55 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 4 Sep 2019 | | Submission deadline | 4 Oct 2019 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 1 Nov 2019 - 31 Oct 2021 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | THE POLICE & CRIME COMMISSIONER FOR LINCOLNSHIRE | | Locality | LINCOLN | | Post town | Lincoln | | Postcode | LN2 2LT | | Country | England | | ITL 1 | TLF East Midlands (England) | | ITL 2 | TLF3 Lincolnshire | | ITL 3 | TLF30 Lincolnshire CC | | Local authority | West Lindsey | | Electoral ward | Nettleham | | Westminster constituency | Gainsborough | | Delivery location | TLF East Midlands (England) | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 70 - Real estate services - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 66600000 - Treasury services - 70200000 - Renting or leasing services of own property - 70220000 - Non-residential property renting or leasing services - 79210000 - Accounting and auditing services - 79400000 - Business and management consultancy and related services ## Release History - 4 Sep 2019 at 14:01 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/31149889-41b5-461e-9144-8a2baf907f55 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/31149889-41b5-461e-9144-8a2baf907f55 4th September 2019 - Opportunity notice on Contracts Finder - https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=29940&B=BLUELIGHT Additional data - https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/32541 User / Company ## Notice URLs - http://www.lincs.police.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-c251878f-f376-4844-a3c3-167cecd8a4d3. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c251878f-f376-4844-a3c3-167cecd8a4d3.json.