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Asset Valuations 2024 - 2029

Bournemouth Christchurch and Poole Council

Awarded
services

This tender has closed

The submission deadline for this contract has passed. There may be more active services tenders from Bournemouth Christchurch and Poole Council, and hundreds more across the UK public sector.

Key details

Contracting authority
Region
Bournemouth
Delivery: UKK24
Contract value
£250,000ex VAT
Submissions closed
29 November 2024
Published
25 October 2024

Procurement

Contract period
1 February 2025 - 31 January 2028
Initial 36 months, options to extend 24 months, total 60 months
Contract review date
31 August 2027
Procedure type
ITT
CPV classifications
  • 70300000 Real estate agency services on a fee or contract basis

What happened

Bournemouth Christchurch and Poole Council awarded this contract to Lambert Smith Hampton worth £250,000 on 28 Jan 2025. The contract runs until 31 Jan 2028.

Description

Asset Valuation Service for General Fund and Housing Revenue Account 2024 – 2029.

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.

Full 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.

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). Additional information: Please do not contact any officer/team named on this notice or the documentation. All documentation for this opportunity is available on www.supplyingthesouthwest.org.uk . Any expressions of interest must be made through this portal unless otherwise instructed. You will need to register on the site to submit a bid. Registering is free of charge.

Additional information

2 extension option(s) available, 0 taken; up to 24 months in total

Option: 12 months, from 2028-02-01, to 2029-01-31, Extension 1

Option: 12 months, from 2029-02-01, to 2030-01-31, Extension 2

Awarded supplier

Supplier
Lambert Smith Hampton
Award value
£250,000
Award date
28 January 2025

Contact

Address
BCP Council, Civic Centre, Bourne Avenue, Bournemouth, BH2 6DY
Contact name
Mr David Lynch

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External ID: procontract-register-2dfc2ec1-3191-ef11-8130-005056b64545 • Added 1 October 2026