---
title: "Scottish Enterprise Portfolio Asset Valuation Services"
ocid: "ocds-r6ebe6-0000582980"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000582980"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000582980.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000582980.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "SCOTTISH ENTERPRISE"
published: "2019-08-19"
---

# Scottish Enterprise Portfolio Asset Valuation Services

Buyer: SCOTTISH ENTERPRISE  
Current stage: Award  
OCID: ocds-r6ebe6-0000582980

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000582980.json)

## Summary

The procurement process for the "Scottish Enterprise Portfolio Asset Valuation Services" was initiated by Scottish Enterprise, located at Atrium Court, 50 Waterloo Street, Glasgow. This contract falls under the services sector, with a total value of £220,000 and an open procurement method. The contract was awarded to Montagu Evans LLP and is scheduled to commence on 1st August 2019, running for a duration of three years with an option for a 12-month extension. The initial tender period closed on 17th June 2019.

This tender creates valuable opportunities for businesses, particularly those specialising in asset valuation, surveying, and property management. The requirement that bidders must be current members of the Royal Institute of Chartered Surveyors (RICS) indicates that firms with established expertise and a strong track record in valuation services will have a competitive advantage. Companies looking to expand in the public sector, especially those focused on economic affairs in Scotland, should consider similar contracts as a pathway to growth and broader influence in public procurement.

## Notice

Please note that this is a contract award notice and not a contract opportunity. The contract has been awarded. Scottish Enterprise wishes to engage the services of a suitably qualified and experienced firm of Chartered Surveyors to undertake the Asset Revaluation of its Property Portfolio. The appointed firm must be current members of the Royal Institute of Chartered Surveyors (RICS). The valuation of the land and property assets by the successful supplier is required to ensure that the value of the property assets of SE are properly represented in their financial accounts, and is to be carried out in accordance with RICS Appraisal and Valuation Standards. It is envisaged that this contract will commence on the 1st of August 2019 for a period of 3 years, with the option to extend for a further 12 month period.

### Lot Information

Lot 1

Please note that this is a contract award notice and not a contract opportunity. The contract has been awarded. Scottish Enterprise wishes to engage the services of a suitably qualified and experienced firm of Chartered Surveyors to undertake the Asset Revaluation of its Property Portfolio. The appointed firm must be current members of the Royal Institute of Chartered Surveyors (RICS). The valuation of the land and property assets by the successful supplier is required to ensure that the value of the property assets of SE are properly represented in their financial accounts, and is to be carried out in accordance with RICS Appraisal and Valuation Standards. It is envisaged that this contract will commence on the 1st of August 2019 for a period of 3 years, with the option to extend for a further 12 month period.

Renewal: This contract will be for a duration of 3 years, with Scottish Enterprise having the option to extend the contract for a further period of 12 months.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG363856 |
| Notice type | OJEU - F3 - Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Aug 2019 |
| Submission deadline | 17 Jun 2019 |
| Future notice date | Not specified |
| Award date | 30 Jul 2019 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £220,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £220,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Not specified |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SCOTTISH ENTERPRISE |
| Additional buyers | SCOTTISH GOVERNMENT |
| Locality | GLASGOW |
| Post town | Glasgow |
| Postcode | G2 6HQ |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM3 West Central Scotland |
| ITL 3 | TLM32 Glasgow City |
| Local authority | Glasgow City |
| Electoral ward | Anderston/City/Yorkhill |
| Westminster constituency | Glasgow North |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MONTAGU EVANS |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70330000 - Property management services of real estate on a fee or contract basis
- 70332200 - Commercial property management services

## Release History

- 19 Aug 2019 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG363856
- 10 May 2019 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY353898

## Documents

- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY353898&idx=8
  14th June 2019 - There was an issue with the formula at part 3 previously. This has now been updated.
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY353898&idx=7
  14th June 2019 - Most recent amendment to Appendix 2.
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY353898&idx=6
  5th June 2019 - In response to query received.
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY353898&idx=5
  14th May 2019 - Bidders are required to use this version of the ESPD - OJEU reference number updated.
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY353898&idx=2
  13th May 2019 - Appendix 2 - Schedule of Scottish Enterprise's Assets
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY353898&idx=3
  13th May 2019 - Appendix 6 - European Single Procurement Document (ESPD)
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY353898&idx=4
  13th May 2019 - P20-0015 Invitation to Tender Document
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY353898&idx=1
  13th May 2019 - Appendix 1 - Pricing Schedule
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY353898
  Scottish Enterprise Portfolio Asset Valuation Services - Scottish Enterprise wishes to engage the services of a suitably qualified and experienced firm of Chartered Surveyors to undertake the Asset Revaluation of its Property Portfolio. The appointed firm must be current members of the Royal Institute of Chartered Surveyors (RICS). The valuation of the land and property assets by the successful supplier is required to ensure that the value of the property assets of SE are properly represented in their financial accounts, and is to be carried out in accordance with RICS Appraisal and Valuation Standards. It is envisaged that this contract will commence on the 1st of August 2019 for a period of 3 years, with the option to extend for a further 12 month period.
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG363856
  Scottish Enterprise Portfolio Asset Valuation Services - Please note that this is a contract award notice and not a contract opportunity. The contract has been awarded. Scottish Enterprise wishes to engage the services of a suitably qualified and experienced firm of Chartered Surveyors to undertake the Asset Revaluation of its Property Portfolio. The appointed firm must be current members of the Royal Institute of Chartered Surveyors (RICS). The valuation of the land and property assets by the successful supplier is required to ensure that the value of the property assets of SE are properly represented in their financial accounts, and is to be carried out in accordance with RICS Appraisal and Valuation Standards. It is envisaged that this contract will commence on the 1st of August 2019 for a period of 3 years, with the option to extend for a further 12 month period.

## Notice URLs

- http://
- http://www.publiccontractsscotland.gov.uk
- http://www.scotland.gov.uk
- http://www.scottish-enterprise.com/
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000582980
- https://www.gov.scot/
- https://www.publictendersscotland.publiccontractsscotland.gov.uk/
- https://www.scottish-enterprise.com/help/contact-us

## 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-r6ebe6-0000582980. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000582980.json.