Source: https://tendernation.io/opportunities/01a13c1e-0e10-717b-bc6d-a25ce37ca01b/mvdc-ah-property-evaluations-for-the-purpose-of-ifrs-reporting-and-insurance-val

awarded GB open procedure Suitable for SMEs

# MVDC AH property evaluations for the purpose of IFRS reporting and insurance valuations - award

[SE Shared Services](https://tendernation.io/buyers/se-shared-services)

Estimated value

Not stated

Published

22 Nov 2018

Deadline

Closed

30 Nov 2018

## Who can bid

- Buyer says suitable for SMEs

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

To comply with IFRS requirements the Council intends to appoint an appropriately experienced firm of Valuers to undertake asset valuations of the Council's portfolio of property, this is the core service of the contract.

The Valuer must complete the valuation report in accordance with the following guidance relating to asset valuation for capital accounting purposes:

o Royal Institution of Chartered Surveyors (RICS) Valuation- Professional Standards 2014 (Revised 2015) and RICS Valuation - Global Standards 2017 ('The Standards')

o International Financial Reporting Standards (IFRS)

o Chartered Institute of Public Finance and Accounting Code of Practice on Local Authority Accounting ('The CIPFA Code')

There are approximately 200 assets that require valuing. The MVDC properties are predominantly spread across the entire geographical area that is administered by the Council. The MOVA portfolio is located further afield including Wales, Basingstoke and Stratford. The details of all the assets will be provided to the successful bidder.

## CPV classification

Commercial property management services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/1e97a1d3-ea33-4228-afd0-eef54ba2d904)

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