Contract award · 28 Jan 2025

Asset Valuations 2024 - 2029

Bournemouth Christchurch and Poole Council awarded “Asset Valuations 2024 - 2029” to Lambert Smith Hampton for £250k on 28 Jan 2025.

Real estate servicesSouth West

Open competition

Open procedure: the contract was advertised and any supplier could submit a bid.

Key facts

Buyer
Bournemouth Christchurch and Poole Council · Regional or local authority
Value
£250,000
Procedure
Open procedure
Sector
Real estate services · Real estate agency services on a fee or contract basis (CPV 70300000)
Timeline
  1. Contract date28 Jan 2025
  2. Published28 Jan 2025Published the same day

Description

BCP Council undertakes a rolling revaluation programme of General Fund and Housing Revenue Account assets, with Investment, Surplus, Charitable Assets and HRA properties (including Beacons) re-valued annually. Assets valued in any given year represent a cross section of the Council's portfolio. Consequently, the assets comprise a wide range of property types and interests requiring a range of valuation methodologies.\r \r The Council requires the valuations to be undertaken in accordance with the relevant current and future guidelines issued by The Chartered Institute of Public Finance and Accountancy (CIPFA) and the Royal Institution of Chartered Surveyors (RICS).\r \r The Initial Contract Duration is 3 years with 2 options to extend of 12 months each. Therefore if the full extension(s) is taken, then the full contract duration shall be 5 years. Additional information: Suppliers interested in this opportunity can access the full procurement documentation by visiting BCP Council's Ten…

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