---
title: "Asset Valuation"
ocid: "ocds-h6vhtk-05ee26"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05ee26"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-05ee26.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-05ee26.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "SOMERSET COUNCIL"
published: "2025-12-03"
---

# Asset Valuation

Buyer: SOMERSET COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-05ee26

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-05ee26.json)

## Summary

The procurement process initiated by Somerset Council involves the asset valuation of BESS assets intended for financial statements in 2026. This contract falls under the services category, specifically non-residential property services, and is situated in the UKK23 region of the United Kingdom. The process has progressed to the award stage, with JONES LANG LASALLE SERVICES LIMITED being the selected supplier. The contract period ranges from 19 November 2025 to 30 June 2026, with a total value of £63,000, of which £52,500 is net of taxes and charges. The legal framework for this procurement is rooted in UK legislation 2023/54, and the procurement method is detailed as "Below threshold - unknown." The contract was signed on 18 November 2025, and a notice was published on 3 December 2025.

This tender presents promising opportunities for businesses involved in asset valuation and property services, particularly those experienced in the valuation of non-residential properties. Business growth can be pursued through expansion into public authority contracts like this one. Organisations similar in scale and service offerings to JONES LANG LASALLE SERVICES LIMITED, particularly those operating on a large scale and not classified under VCSE, may find this type of procurement beneficial. Somerset Council, as a sub-central government public authority, provides a valuable client base for companies seeking to enhance their portfolios in government and public sector contracting.

## Notice

Valuation of BESS Assets for Financial Statements 2026

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/079445-2025 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Below threshold - unknown |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Dec 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 18 Nov 2025 |
| Contract period | 19 Nov 2025 - 30 Jun 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £52,500 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SOMERSET COUNCIL |
| Locality | TAUNTON |
| Post town | Taunton |
| Postcode | TA1 4DY |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK6 North Somerset, Somerset and Dorset |
| ITL 3 | TLK62 Somerset |
| Local authority | Somerset |
| Electoral ward | Bishop's Hull & Taunton West |
| Westminster constituency | Taunton and Wellington |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | JONES LANG LASALLE SERVICES |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70332000 - Non-residential property services

## Release History

- 3 Dec 2025 at 15:36 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/079445-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/079445-2025
  3rd December 2025 - Contract details notice on Find a Tender

## Notice URLs

- http://www.jll.co.uk
- 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-05ee26. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-05ee26.json.