Asset Valuation Insurance
Essex County Council
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Key details
Procurement
- 71250000 Architectural, engineering and surveying services
What happened
Essex County Council awarded this contract to NPS PROPERTY CONSULTANTS LIMITED worth £103,637 on 15 Nov 2025. The contract runs until 31 Mar 2030.
Description
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.
Awarded supplier
Contact
Identifiers
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View all →External ID: cf-ocds-b5fd17-17a24a0d-ae23-44ec-8a64-fdd3b35f049e • Added 29 April 2026