---
title: "Asset and Insurance Valuation"
ocid: "ocds-h6vhtk-04b159"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04b159"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04b159.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04b159.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "TEST VALLEY BOROUGH COUNCIL"
published: "2024-10-25"
---

# Asset and Insurance Valuation

Buyer: TEST VALLEY BOROUGH COUNCIL  
Current stage: Tender  
OCID: ocds-h6vhtk-04b159

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04b159.json)

## Summary

Test Valley Borough Council is currently in the tender stage for a contract titled "Asset and Insurance Valuation" under the industry category of Real Estate Services. This procurement is aimed at appointing a consultant or firm to provide annual asset valuation and insurance valuation reports, adhering to CIPFA and RICS regulations. The contract spans 3 years, with a possible extension of an additional 3 years based on satisfactory performance, reaching a maximum duration of 6 years. The tender process follows an open procedure, and the deadline for submission is 25th November 2024. The contract value is estimated at £180,000, and the services are to be delivered within the Test Valley region in the UKJ3 area.

This tender represents a significant opportunity for firms specialising in real estate and insurance valuation services. Businesses with experience in providing detailed valuation reports and addressing specific auditor and insurer queries will find themselves well-suited to meet the requirements of this contract. The long-term nature of the contract, with the potential for extension, offers sustained business growth for the successful bidder. Additionally, the open procedure allows for broad participation, presenting opportunities for both established firms and newer entrants to the market.

## 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

### Lot Information

Lot 1

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

Options: 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).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/034653-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Oct 2024 |
| Submission deadline | 25 Nov 2024 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £180,000 |
| Lots value | £180,000 |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Active |
| Awards status | Not specified |
| 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 | TLJ3 Hampshire and Isle of Wight |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70000000 - Real estate services

## Release History

- 25 Oct 2024 at 11:19 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/034653-2024

## Notice URLs

- http://www.testvalley.gov.uk
- https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=87054&B=UK
- https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/67140

## 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-04b159. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04b159.json.