Valuation of WBC Properties for Insurance Purposes - AWARD

West Berkshire CouncilcontractContracts FinderRef IT-402-1480-P00001480 - AWARDcomplete
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Estimated value

Awarded value

£36k

Awarded 23 Dec 2024

Suppliers

1

Lots

1

1 awarded

Published

17 Jan 2025

Deadline 09 Dec 2024

Description

Currently we have a 5 year rolling programme of insurance valuations for all the Council's properties which is coming to an end. We now wish to procure a company to carry out a 5-year programme of rolling insurance valuations with approximately 20% valued each year. In 2018 West Berkshire Council commenced the acquisition of a commercial Property Investment Portfolio which currently comprises of eight investment properties scattered geographically across the UK (though it is envisaged to dispose of these over the course of this contract). In addition, the council owns two small industrial estates and six stand-alone properties locally that are also categorised as investment properties. The council also owns approximately 300 operational properties including community centres, schools, libraries, toilets, caretakers and homeless persons residential accommodation, farms, etc.

Scope

Reference
IT-402-1480-P00001480 - AWARD
Commercial tool
Standalone contract
Contract dates
06 Jan 2025 to 05 Jan 2030
CPV classifications
66000000

Submission & procedure

Submission deadline
09 Dec 2024, 1:00 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£36k

Award date

23 Dec 2024

Contract start

06 Jan 2025

Contract end

05 Jan 2030