Building Valuations for Insurance Purposes
£34,950 — awarded.
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits below the typical range for Real Estate Services contracts — a smaller, more accessible award. Based on 3,366 valued Real Estate Services tenders in our corpus.
Sefton Metropolitan Borough Council (the Council) is seeking quotes to supply buildings valuations for insurance purposes for 232 properties, whilst also receiving assurance that the level of professional indemnity insurance provided by the supplier(s) is satisfactory for risk purposes.
The valuations required are for reinstatement cost and should be undertaken by professionals holding a RICS, or equivalent, qualification.
The valuations are to be undertaken via a hybrid exercise.
Buildings identified as being valued at £500,000 or more are to be categorised by the supplier(s) and 15% of these buildings to be visited and valued before extrapolating across the rest of the portfolio.
Buildings identified as being under £500,000 are all to be valued via a desktop exercise by the supplier(s).
Within the list of buildings there are the usual types of buildings for a local authority, including, but not limited to, the following, and which includes some vacant properties: • Schools, Nurseries, and other educational establishments • Leisure Centres • Children's Centres and Homes • Residential Homes • Town Halls • Offices • Depots • Park Pavilions • Cemeteries and Crematoria • Libraries • Market Hall • Pumping Stations There is no in-house building surveyor capacity in the Council to support with this exercise, and limited information to hand, although a broad range of the assets can potentially be categorised, such as year of build and area with some asset management surveys made available.
Please therefore assume that there is limited information available.
What the notice asks for
The valuations required are for reinstatement cost
The valuations required are for reinstatement cost and should be undertaken by professionals holding a RICS, or equivalent, qualification.
There is no in-house building surveyor capacity
There is no in-house building surveyor capacity in the Council to support with this exercise, and limited information to hand, although a broad range of the assets can potentially be categorised, such as year of build and area with some asset management surveys made available.
Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.
What this notice demands of you
1 named, none in explicit obligation language. Each one is quoted from the notice.
Sefton Metropolitan Borough Council (the Council) is seeking quotes to supply buildings valuations for insurance purposes for 232 properties, whilst also receiving assurance that the level of professional indemnity insurance provided by the supplier(s) is satisfactory for risk purposes.
Matched against the notice text, so this is a floor — the tender pack will demand things the notice never mentions. “Says must” means the quoted sentence itself used obligation language; anything ambiguous is left as a mention.
Make the case to bid
Reveal who to approach at Sefton Council, and generate a go-to-market strategy from their news, accounts and people.
Free to start. Named contacts come from published notices; the strategy is generated from the buyer’s news, accounts and people.
- OCID
- 37eabb0b-3ac0-4e20-b6c0-4849088130de
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- SEFT001-DN642129-03484177
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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