Valuation of WBC Properties for Insurance Purposes - AWARD
Estimated value
—
Awarded value
£36k
Suppliers
1
Lots
1
Published
17 Jan 2025
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