---
title: "RMCB 051 Asset Valuation Programme"
ocid: "ocds-h6vhtk-04a368"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04a368"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04a368.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04a368.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "SHROPSHIRE COUNCIL"
published: "2025-02-25"
---

# RMCB 051 Asset Valuation Programme

Buyer: SHROPSHIRE COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-04a368

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04a368)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04a368.json)

## Summary

Shropshire Council is soliciting tenders for the "RMCB 051 ASSET VALUATION PROGRAMME" under the services category of non-residential property services (CPV: 70332000). The Council intends to select an RICS-regulated firm to provide annual asset valuation and ad hoc valuation advice. The procurement process is currently at the tender stage, with significant dates including the initial tender closing date now extended to 11th November 2024. The location for service delivery is Shropshire, UK, and the procurement method is an open procedure. The contract duration is three years starting on 23rd September 2024 with an option to extend for an additional two years. The entire procurement process is conducted electronically with mandatory written submissions.

This tender provides substantial growth opportunities, particularly for small or medium enterprises (SMEs) specialising in property valuation services. The contract is valued at £200,000 and requires a firm with competencies in valuing diverse property types, including commercial, industrial, and public-sector assets such as schools and highways. SMEs with expertise in RICS Valuation Standards and CIPFA regulations will find this opportunity well-suited to their capabilities. By securing this contract, businesses can enhance their portfolio and establish a long-term relationship with a regional authority, thereby fostering potential future engagements and expansions.

## Notice

This is an award notice for an RICS Regulated firm to provide valuation services for the annual asset valuation programme and ad hoc valuation advice as required.

### Lot Information

Lot 1

This is an award notice for an RICS Regulated firm to provide valuation services for the annual asset valuation programme and ad hoc valuation advice as required. The Council holds a diverse land and property portfolio of around 460 assets, all located within the county and with a balance sheet value of c.PS500m. Shropshire itself is a rural county with a population of 327,200 across the County town of Shrewsbury, market towns and rural settlements. Property assets include commercial retail, office and industrial sites, accommodation properties, schools, car parks, waste and highways sites, smallholdings and land held on both freehold and leasehold titles. The assets are held as either Investment or Property Plant and Equipment, Surplus or Held for Sale categories. The appointed valuers will need to be qualified and competent to value all types of freehold and leasehold property asset, complying with both the requirements of the RICS Valuation Standards and CIPFA regulations. Valuations are on a Market Value Basis, Existing Use or Depreciated Replacement Cost basis. Valuations are required to be presented as a land/building split with an estimate of the remaining useful life for PPE and Surplus valuations. The Council has a componentisation policy which is to be implemented based on the asset values. The appointment will be for three years with an option to extend for a further two years.

Renewal: option to extend for a further two years.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/007191-2025 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Feb 2025 |
| Submission deadline | 28 Oct 2024 |
| Future notice date | Not specified |
| Award date | 23 Dec 2024 |
| Contract period | 22 Sep 2024 - 22 Sep 2027 |
| Recurrence | 5 years |

## Values

| Field | Value |
| --- | --- |
| Tender value | £200,000 |
| Lots value | £200,000 |
| Awards value | Not specified |
| Contracts value | £190,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SHROPSHIRE COUNCIL |
| Locality | SHREWSBURY |
| Post town | Shrewsbury |
| Postcode | SY2 6ND |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG2 Shropshire and Staffordshire |
| ITL 3 | TLG22 Shropshire |
| Local authority | Shropshire |
| Electoral ward | Abbey |
| Westminster constituency | Shrewsbury |
| Delivery location | TLG22 Shropshire |

## Supplier

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

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70332000 - Non-residential property services

## Release History

- 25 Feb 2025 at 16:05 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/007191-2025
- 23 Oct 2024 at 09:05 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/034257-2024
- 27 Sep 2024 at 09:05 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/030908-2024

## Notice URLs

- https://www.bipsolutions.com
- https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=909891775
- https://www.delta-esourcing.com/respond/F45QAWX44B
- https://www.delta-esourcing.com/tenders/UK-UK-Shrewsbury:-Non-residential-property-services./F45QAWX44B
- https://www.shropshire.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-h6vhtk-04a368. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04a368.json.