Source: https://tendernation.io/opportunities/01a13b9d-89c8-71f5-b581-81bed5bca90d/p23-0122-scottish-enterprise-investment-property-portfolio-asset-valuation-se

awarded GB open procedure

# P23-0122: Scottish Enterprise Investment Property Portfolio – Asset Valuation Service

[Scottish Enterprise](https://tendernation.io/buyers/scottish-enterprise)

Estimated value

£300,000

Published

1 Aug 2023

Deadline

Closed

6 Jun 2023

## Who can bid

- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

## About this tender

Scottish Enterprise is seeking to commission a supplier to provide a property asset valuation service for Scottish Enterprise’s investment property portfolio. The value of the land and property assets is required to ensure that the value of the property assets of Scottish Enterprise are properly represented in its financial accounts and is to be carried out in accordance with the RICS Appraisal and Valuation Standards.

The requirement is to prepare bi-annual and annual valuations of the properties on the basis of “fair value” which to all intents and purposes will be the open market value. Scottish Enterprise’s investment property portfolio is currently valued at GBP149M (as of March 2023), and comprises:

- Industrial buildings
- Offices
- Business parks
- Business centres
- Energy, Science and Technology parks
- Development land
- Other property interests

This contract will for a three-year period commencing on c.1 August 2023. After this time, Scottish Enterprise will have the option to extend the contract for a further one-year period. The anticipated value of the contract over the maximum four year duration is anticipated as being between GBP200,000 and GBP300,000 (excl VAT).

## CPV classification

Real estate services Real estate agency services on a fee or contract basis Non-residential property services Building sale or purchase services Land sale or purchase services Buying and selling of real estate

Source

Find a Tender (UK) · Notice ocds-h6vhtk-03c59f-2023-08-01T15:37:59+01:00

[View official notice](https://www.find-tender.service.gov.uk/Notice/ocds-h6vhtk-03c59f-2023-08-01T15:37:59+01:00)

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