Published date: 4 September 2019

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.



Closing: 4 October 2019

Contract summary

Industry

  • Treasury services - 66600000

  • Renting or leasing services of own property - 70200000

  • Non-residential property renting or leasing services - 70220000

    • Accounting and auditing services - 79210000

    • Business and management consultancy and related services - 79400000

Location of contract

East Midlands

Value of contract

£0 to £50,000

Procurement reference

20190904150121-32541

Published date

4 September 2019

Closing date

4 October 2019

Contract start date

1 November 2019

Contract end date

31 October 2021

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No


Description

The CIPFA code of practice on local authority accounting 2018/19 requires that 'assets must be revalued every five years as a minimum, but confirms that assets must be revalued more regularly where a five-yearly valuation is insufficient to keep pace with material changes in current value'. The five year milestone is 01.04.2021, however with the potential for a new valuer being appointed it is prudent to have them carry out a full revaluation as at 01.04.2019.
A full revaluation will require every property to have a site visit, and will therefore require valuers to be vetted.
There are a mixture of property types that will need to be classified in accordance with CIPFA and RICS. Valuation bases will need to be agreed between Lincolnshire Police and the valuer. Accounting Policies of Lincolnshire Police will need to be adhered to.
Throughout the valuation exercise the valuer must adhere to RICS Appraisal and Valuation standards (Red Book) and CIPFA requirements.


About the buyer

Contact name

Don Cornwall

Address

Force Headquarters, Deepdale Lane, Nettleham
Lincoln
LN2 2LT
ENG

Telephone

+44 1522947182

Email

donald.cornwall@lincs.pnn.police.uk

Website

http://www.lincs.police.uk/