---
title: "Investment Property Valuations-National Locations"
ocid: "ocds-h6vhtk-055141"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-055141"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-055141.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-055141.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "MANSFIELD DISTRICT COUNCIL"
published: "2025-06-20"
---

# Investment Property Valuations-National Locations

Buyer: MANSFIELD DISTRICT COUNCIL  
Current stage: Tender  
OCID: ocds-h6vhtk-055141

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-055141)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-055141.json)

## Summary

The current procurement process is managed by Mansfield District Council in collaboration with Nottinghamshire County Council, seeking to appoint a single supplier for investment property valuations across national locations. The tender, titled "Investment Property Valuations-National Locations," falls under the real estate services industry category and requires coverage of various UK regions, identified under the geographical markers UKC to UKK. Currently in the tender stage with an open procurement method, the process is part of an open competition. Enterprises interested in participating must submit their bids by the deadline at midday on 18th July 2025, with enquiries closing by the end of 4th July 2025. The contract is set to commence on 1st November 2025, with a duration of five years and no extensions available.

This tender presents notable opportunities for businesses skilled in property valuation, especially those experienced in real estate services who can provide national coverage. Valuation firms with capabilities to meet International Financial Reporting Standards (IFRS) requirements and perform reinstatement replacement cost assessments will find this contract particularly appealing. Small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are acknowledged as suitable for tender eligibility. With a focus on quality and price, businesses adept in these areas can leverage this opportunity to enhance their growth through a significant partnership with public authorities.

## Notice

Nottinghamshire County Council (the Council) is seeking tenders, on behalf of Mansfield District Council (MDC), for the services as detailed below, nationwide geographical coverage is required. Mansfield District Council owns and manages a portfolio of 10 investment properties. The portfolio includes 9 UK wide properties and 1 shopping centre in Mansfield. The property mix includes a hotel, gym, office, supermarket, VW commercial vehicle sales/service centre, 2 x DIY retail, industrial, shopping centre and mixed office and residential long leasehold interest. Under the requirements of the International Financial Reporting Standards (IFRS) the Council is obliged to accurately account for its property assets on an annual basis. To comply with these requirements the Council intends to appoint an appropriately experienced and qualified firm of valuers (hereinafter "the Valuer) on a five-year contract to undertake annual asset valuations of the Council's investment portfolio for financial reporting purposes. The Council is also obliged to carry out an annual Impairment to assess any material impact in the asset values from the valuation date (31st December) to the year-end date (31st March). To satisfy this requirement the Council intends to incorporate this annual impairment review into the 5-year contract. The Council also requires the Valuer to undertake reinstatement replacement cost assessments for 6 properties for insurance purposes. These will only be required in one year of the contract term. MDC require a Single Supplier to carry out this work. Contract length is 5 years with no extensions available. Estimated contract start date is 1st November 2025.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/034194-2025 |
| Notice type | UK4 - Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Below threshold - open competition |
| Tender suitability | SME, VCSE |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Jun 2025 |
| Submission deadline | 18 Jul 2025 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 1 Nov 2025 - 31 Oct 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £150,000 |
| Lots value | £150,000 |
| 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 | MANSFIELD DISTRICT COUNCIL |
| Additional buyers | NOTTINGHAMSHIRE COUNTY COUNCIL |
| Locality | MANSFIELD |
| Post town | Nottingham |
| Postcode | NG19 7BH |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF1 Derbyshire and Nottinghamshire |
| ITL 3 | TLF16 South Nottinghamshire |
| Local authority | Rushcliffe |
| Electoral ward | Trent Bridge |
| Westminster constituency | Rushcliffe |
| Delivery location | TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England) |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70000000 - Real estate services

## Release History

- 20 Jun 2025 at 16:36 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/034194-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/034194-2025
  20th June 2025 - Tender notice on Find a Tender
- www.eastmidstenders.org
- https://www.find-tender.service.gov.uk/dashboard/notices/www.eastmidstenders.org
  Search for DN779325 Investment Property Valuations-National Locations

## Notice URLs

- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-055141. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-055141.json.