Asset Valuation Insurance
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits in the upper-middle of the Engineering & Architecture band — a substantial contract for the sector. Based on 33,646 valued Engineering & Architecture tenders in our corpus.
The contract has been awarded for the provision of professional asset valuation services to a suitably qualified valuation firm.
The contract will run for a period of five years (an initial three year term with the option to extend for a further two years.) It is required to maintain accurate buildings insurance valuations for all properties for which it holds responsibility.
These valuations support in ensuring that appropriate insurance cover is maintained.
The appointed supplier will undertake asset valuation each year, to meet its statutory financial reporting obligations under the Chartered Institute of Public Finance and Accountancy, (CIPFA) Code of Practice on Local Authority Accounting in the United Kingdom.
What the notice asks for
It is required to maintain accurate buildings
It is required to maintain accurate buildings insurance valuations for all properties for which it holds responsibility.
These valuations support in ensuring that appropriate
These valuations support in ensuring that appropriate insurance cover is maintained.
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.
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- OCID
- de5a1d9a-204e-4846-a672-151fc488782c
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- EPP0271
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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