---
title: "NML Estate Revaluation"
ocid: "ocds-b5fd17-ca7c2ad9-63ef-4b8f-9582-c895534389ef"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-ca7c2ad9-63ef-4b8f-9582-c895534389ef"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-ca7c2ad9-63ef-4b8f-9582-c895534389ef.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-ca7c2ad9-63ef-4b8f-9582-c895534389ef.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NATIONAL MUSEUMS ON MERSEYSIDE"
published: "2018-03-12"
---

# NML Estate Revaluation

Buyer: NATIONAL MUSEUMS ON MERSEYSIDE  
Current stage: Award  
OCID: ocds-b5fd17-ca7c2ad9-63ef-4b8f-9582-c895534389ef

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-ca7c2ad9-63ef-4b8f-9582-c895534389ef)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-ca7c2ad9-63ef-4b8f-9582-c895534389ef.json)

## Summary

The National Museums of Liverpool (NML) has issued a tender for the NML Estate Revaluation, requiring a desktop valuation of their property assets as of 31 March 2018 to 31 March 2021. This procurement process falls within the financial and insurance services category, with a specific focus on real estate and accounting services. The open procedure tender period ended on 19 February 2018, with the contract period commencing on 5 March 2018 and concluding on 31 March 2018. The tender is situated in Liverpool, North West England, and detailed compliance with professional standards for valuation is required from bidders.

This tender presents significant opportunities for businesses specialising in property valuation, accounting, and auditing services, particularly those qualified as external valuers under RICS standards. Small and medium enterprises (SMEs) that possess expertise in existing use and depreciated replacement cost methodologies will find this contract suitable for competitive bidding. Engaging with this project could enhance visibility and credibility in the field of financial services, particularly within the public sector.

## Notice

National Museums of Liverpool ("NML") require a desktop valuation of the land and buildings of their property assets as at 31 March 2018 to 31 March 2021 for inclusion in Financial Statements, using the Existing Use (EUV) and Depreciated Replacement Cost (DRC) method in accordance with Government Financial Reporting Manual (FReM). The valuation should comply fully with the requirements of the RICS Valuation - Professional Standards 2014 ("Red Book") (Amended April 2015) published by the Royal Institution of Chartered Surveyors. It should also refer to UKGN 7 Valuations for Charities for accounting periods on or after 1 January 2015 the new Charities SORPs, based on FRS 102. The requirements regarding qualifications, knowledge and skills should be met as set out in UK Practice Statement 1 and for independence and objectivity in Practice Statements 1.6 and 1.7 of the Red Book. The supplier must be an "external valuer" as defined in RICS Valuation - Professional Standards 2014 ("Red Book") issued by the Royal Institution of Chartered Surveyors. The Annual Report and Accounts is attached. The note on Fixed Assets Land & Buildings is Note 6. Information on m2 may be provided on request.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/75291342-9e87-4807-a8a8-c88a84b89985 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Mar 2018 |
| Submission deadline | 19 Feb 2018 |
| Future notice date | Not specified |
| Award date | 6 Mar 2018 |
| Contract period | 7 Mar 2018 - 2 Apr 2018 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £12,500 |
| 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 MUSEUMS ON MERSEYSIDE |
| Locality | LIVERPOOL |
| Post town | Liverpool |
| Postcode | L2 2JH |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD7 Merseyside |
| ITL 3 | TLD72 Liverpool |
| Local authority | Liverpool |
| Electoral ward | City Centre North |
| Westminster constituency | Liverpool Riverside |
| Delivery location | TLD North West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | DELOITTE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 70 - Real estate services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 66000000 - Financial and insurance services
- 70000000 - Real estate services
- 79200000 - Accounting, auditing and fiscal services

## Release History

- 12 Mar 2018 at 16:25 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/75291342-9e87-4807-a8a8-c88a84b89985
- 29 Jan 2018 at 15:38 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/a3a59b6c-13a1-422c-942f-435440e6985f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/75291342-9e87-4807-a8a8-c88a84b89985
  12th March 2018 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/a3a59b6c-13a1-422c-942f-435440e6985f
  29th January 2018 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/fa972230-fa68-4b6e-a728-7bdc45f069a8
  NML Estate Revaluation Tender
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/95b9004c-66ca-44cd-b1cb-f2d8891c3d02
  Appendix A - Form of Tender
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/aa8fdb1a-c482-4078-bcc6-4d0da32eab85
  Appendix B - NML Procurement Protocol
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/18ce3c53-257c-4a81-bc78-27a69e6cb61d
  Appendix C - NMGM 2016 2017 Account Final
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/a4e6dd8d-f416-40d3-9124-893bb1c60b7a
  Appendix D - Property overview 2015 without plans

## 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-ca7c2ad9-63ef-4b8f-9582-c895534389ef. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-ca7c2ad9-63ef-4b8f-9582-c895534389ef.json.