Source: https://tendernation.io/opportunities/01a13c10-0d18-7297-aa9f-27ca8f1617f3/gbc-pt-leasehold-enfranchisement-and-shared-ownership-valuation

closed GB open procedure Suitable for SMEs

# GBC PT Leasehold Enfranchisement and Shared Ownership Valuation

[Guildford Borough Council](https://tendernation.io/buyers/guildford-borough-council)

Estimated value

£100,000

Published

29 Dec 2017

Deadline

Closed

29 Jan 2018

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.
- Open procedure

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

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

Guildford Borough Council (the "Council") has a statutory duty to ensure that the value of the Council's property assets reflect Current Value for operational properties or Fair Value for investment property and surplus property assets, and that each property asset is valued at least once every five years.

This Invitation to Tender invites organisations to tender for a three-year contract with the option to extend for one plus one further year to carry out valuations of Leasehold and Shared Ownership properties with regards to lease extensions. The tenderer's proposed methodology for each element of the services described in this Brief must be compliant with the legislation and the RICS Code of Practice relating to valuations for leasehold enfranchisement and equity sharing of social housing.

The Council seeks to appoint a single organisation with adequate resources and a proven record of accomplishment to undertake this contract to help ensure greater certainty and accuracy within the Council's balance sheet that is robust to Auditor scrutiny.

The contract will comprise the valuation of around 230 dwellings held under shared ownership with an unexpired leasehold term of less than 80 years, and around 250 dwellings held under a long lease since 1980. A valuation is required each time the leaseholder puts in a request to extend their lease.

There is the potential for each year the Contractor may be required to provide a valuation service for up to 10 to 15 per year.

Read full description

## CPV classification

Real estate services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/67f82c64-d29f-4104-b079-fc6211b58cb5)

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