---
title: "Investment Property Asset Valuations 2-year Contract"
ocid: "ocds-h6vhtk-06e2b0"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-06e2b0"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-06e2b0.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-06e2b0.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "Mansfield District Council"
published: "2026-08-12"
---

# Investment Property Asset Valuations 2-year Contract

Buyer: Mansfield District Council  
Current stage: Award  
OCID: ocds-h6vhtk-06e2b0

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## Summary

Mansfield District Council appointed a single supplier to provide annual investment property asset valuations and impairment reviews for financial reporting. Nottinghamshire County Council managed the procurement on the district council’s behalf. The work covers a portfolio of 10 investment properties, comprising nine properties across the UK and one shopping centre in Mansfield. The portfolio includes a hotel, gym, office, supermarket, Volkswagen commercial vehicle sales and service centre, two DIY retail properties, an industrial property, the shopping centre, and a mixed office and residential long leasehold interest. The appointed valuer is required to assess property values and identify any material impairment between the valuation date and the financial year-end. Nationwide geographical coverage is required. This is a property valuation and real estate advisory services requirement.

The procurement is complete and the contract was awarded to Colliers International Property Advisers UK LLP. It used a below-threshold limited competition, with one completed lot and a single-supplier requirement. The contract was signed on 18 September 2025 and runs from 1 November 2025 to 31 August 2027, with no extensions available. Its value is £21,000 excluding VAT and £25,200 including VAT. The contract covers annual valuations of the investment property portfolio and an annual impairment review for financial reporting. The Council’s valuation date is 31 December and its financial year-end is 31 March. The recorded service category is real estate agency services on a fee or contract basis. Colliers’ award is active and the contract is active.

This opportunity indicates demand from Mansfield District Council for specialist investment property valuation and impairment advice across a geographically dispersed commercial portfolio. Credible competitors would need a suitably experienced and qualified valuation practice able to provide nationwide coverage, assess varied property types and produce reliable annual asset valuations for IFRS financial reporting. Relevant capability includes valuation of hotels, gyms, offices, supermarkets, vehicle sales and service premises, DIY retail, industrial property, shopping centres, and mixed office and residential long leasehold interests. The supplier must also be able to carry out impairment reviews that identify material changes in asset values between the valuation date and financial year-end. A business able to deliver the full requirement through one coordinated service would be well placed for comparable work from this council.

## Notice

Nottinghamshire County Council (the Council) is seeking quotes, 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 two-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 2-year contract. MDC require a Single Supplier to carry out this work. Contract length is 2 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/076815-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Below threshold - limited competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Aug 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 18 Sep 2025 |
| Contract period | 1 Nov 2025 - 31 Aug 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £21,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | Mansfield District Council |
| Locality | MANSFIELD |
| Postcode area | Nottingham |
| Postcode | NG19 7BH |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF1 Derbyshire and Nottinghamshire |
| ITL 3 | TLF15 North Nottinghamshire |
| Local authority | Mansfield |
| Electoral ward | West Bank |
| Westminster constituency | Mansfield |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | COLLIERS INTERNATIONAL PROPERTY ADVISERS UK LLP |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70300000 - Real estate agency services on a fee or contract basis

## Release History

- 12 Aug 2026 at 14:11 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/076815-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/076815-2026
  12th August 2026 - Contract details notice on Find a Tender

## Notice URLs

- http://www.colliers.com/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-06e2b0. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-06e2b0.json.