---
title: "Land and Buildings Asset Valuation"
ocid: "ocds-b5fd17-dafc3fab-b5cf-4709-8e89-ae4f2d7cb3ce"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-dafc3fab-b5cf-4709-8e89-ae4f2d7cb3ce"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-dafc3fab-b5cf-4709-8e89-ae4f2d7cb3ce.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-dafc3fab-b5cf-4709-8e89-ae4f2d7cb3ce.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "KCH INTERVENTIONAL FACILITIES MANAGEMENT LLP"
published: "2025-01-14"
---

# Land and Buildings Asset Valuation

Buyer: KCH INTERVENTIONAL FACILITIES MANAGEMENT LLP  
Current stage: Award  
OCID: ocds-b5fd17-dafc3fab-b5cf-4709-8e89-ae4f2d7cb3ce

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## Summary

King's College Hospital NHS Foundation Trust, through its partner King’s Interventional Facilities Management (KFM), has awarded a contract for the provision of desktop asset valuations for its properties. This valuation project pertains to three sites: King’s College Hospital (Denmark Hill), Princess Royal University Hospital (Orpington), and Orpington Hospital, with valuation dates set for 31st March 2025, 2026, and 2027 respectively. The contract, valued at £73,050, was awarded to AVISON YOUNG (UK) LIMITED to be completed in accordance with the RICS Valuation - Global Standards (2022). The procurement process used was a selective call-off from a framework agreement, with the award stage completed by 14th January 2025.

This tender offers significant opportunities for businesses capable of providing real estate services, particularly in asset valuation. It shows that organisations like NHS Trusts are seeking expert support for financial reporting and compliance. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are well-suited to compete for such contracts, especially those with experience in delivering thorough valuation reports conforming to international standards. By successfully securing such contracts, businesses can enhance their portfolio, reputation, and expertise in the healthcare sector.

## Notice

King's College Hospital NHS Foundation Trust, through King's Interventional Facilities Management (KFM), has awarded a contract for the provision of a desktop asset valuation of its properties for financial reporting purposes. The valuation will cover three key sites: King's College Hospital (Denmark Hill), Princess Royal University Hospital (Orpington), and Orpington Hospital, reflecting a valuation date of 31st March 2025, 2026 and 2027. The appointed supplier will deliver the valuation in accordance with the RICS Valuation - Global Standards (2022), incorporating Modern Equivalent Asset (MEA) assessments. Deliverables include a draft valuation report and a comprehensive final valuation report.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/231667ca-a1f2-4ebf-8ddc-ded1e775d816 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 14 Jan 2025 |
| Submission deadline | 13 Dec 2024 |
| Future notice date | Not specified |
| Award date | 14 Jan 2025 |
| Contract period | 20 Dec 2024 - 19 Dec 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £73,050 |
| Lots value | Not specified |
| Awards value | £73,050 |
| 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 | KCH INTERVENTIONAL FACILITIES MANAGEMENT LLP |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE5 9NY |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI45 Lambeth |
| Local authority | Lambeth |
| Electoral ward | Herne Hill & Loughborough Junction |
| Westminster constituency | Dulwich and West Norwood |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AVISON YOUNG (UK |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70000000 - Real estate services

## Release History

- 14 Jan 2025 at 11:11 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/231667ca-a1f2-4ebf-8ddc-ded1e775d816

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/231667ca-a1f2-4ebf-8ddc-ded1e775d816
  14th January 2025 - 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-dafc3fab-b5cf-4709-8e89-ae4f2d7cb3ce. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-dafc3fab-b5cf-4709-8e89-ae4f2d7cb3ce.json.
