Source: https://tendernation.io/opportunities/01a13c4d-f02a-7194-a41f-ccf87f8dd686/asset-valuations-of-council-owned-property

awarded GB open procedure Suitable for SMEs

# Asset Valuations of Council owned property

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

Open field

Estimated value

Not stated

Published

16 Oct 2020

Deadline

Closed

9 Nov 2020

## 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.

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## About this tender

Copeland Borough Council is seeking to appoint external valuers to undertake asset valuations of its property portfolio for the three financial accounting period ending 31st March 2021, 31st March 2022, and 31st March 2023. The valuations are required for capital accounting purposes and the preparation of the year end accounts for the periods 2020/21, 2021/22 and 2022/23.

The commission is for a period of three years.

This commission will cover:

â&#128;¢ The Council's operational and non-operational assets, there are currently around 170 in the portfolio, in order to rebase the accounts and reflect any value changes which have arisen since they were last valued.

â&#128;¢ The valuation of any new or altered asset where either physical or economic impairment has arisen, capital expenditure has been incurred, or part disposals have taken place.

â&#128;¢ Valuation apportionments for assets where disposals have arisen during the course of the relevant financial year.

â&#128;¢ For all operational properties a reconsideration of their remaining useful asset life, and an apportionment of value for each between land and buildings for the purposes of calculating depreciation, together with componentisation advice where applicable.

## CPV classification

Technical analysis or consultancy services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/11343b72-d5c4-46e8-b834-aa4cbfe951f0)

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