Lincolnshire County Council- Financial Accounting Valuations
Lincolnshire County Council · Yorkshire and the Humber
Key facts
- Engagement closes
- 04 Sep 2026
- Contract ends
- 30 Nov 2031
- Buyer type
- Local government
- Source
- Find a Tender
Description
Lincolnshire County Council manages a substantial and diverse property portfolio consisting of both operational and non-operational assets, including schools, offices, fire stations, libraries, investment properties, land holdings, surplus assets and leasehold interests. The portfolio comprises approximately 850 assets with a total accounting value of around £796.4 million, making it one of the Council's most significant corporate resources and a key component of its balance sheet. The portfolio is subject to a range of statutory valuation and financial reporting requirements, including rolling asset valuations, investment property valuations and IFRS 16 lease accounting valuations. The Council is required to maintain up-to-date property valuations to support statutory financial reporting and ensure compliance with the CIPFA/LASAAC Code of Practice on Local Authority Accounting, International Financial Reporting Standards (IFRS), and the RICS Valuation Standards ("Red Book"). The Council currently operates a five-year rolling valuation programme, under which a minimum of 20% of assets are revalued annually. In addition to cyclical revaluations, the Council may require a range of specialist valuation services to support year-end accounting requirements, including impairment reviews, investment property valuations, component accounting assessments, IFRS 16 lease valuations, reviews of assets held for sale, and ad hoc valuations arising from acquisitions, disposals and changes in asset use. To ensure continued compliance with statutory accounting requirements and to provide sufficient specialist capacity and resilience, the Council intends to outsource the valuation of its property portfolio to an appropriately qualified and experienced provider. The appointed provider will be responsible for delivering valuations and associated reporting in accordance with relevant accounting and professional standards, providing robust and auditable valuation information to support the preparation of the Council's annual Statement of Accounts. The successful provider will work closely with both the Corporate Property and Finance teams to deliver valuation services within prescribed reporting timescales and provide clear supporting information, including asset lives, residual values, land and building apportionments, component valuations, fair value assessments and valuation narratives where required
Categories (CPV)
- 70332000 Non-residential property services
Similar open tenders
Cuireadh chun Tairisceana: láithreán a dhiúscairt chuig Comhlacht Ceadaithe Tithíochta do thithíocht inacmhainne/Invitation to Tender: site disposal to an Approved Housing Body for affordable housing
Location: IrelandBuyer: Údarás Na Gaeltachta
Open tenderCloses 4 Dec, 202629 daysValue €150.00KSource TEDCuireadh chun Tairisceana chun láithreán a dhiúscairt go dtí Comhlacht Ceadaithe Tithíochta a d’fhéadfaí cóiríocht chónaithe inacmhainne, a d’fhéadfaí a thógáil, a dhíol agus a léasú, a chur ar fáil do Chainteoirí Gaeilge sna Doirí Beaga (Gaoth Dobhair), Co. Dhún na nGall d’Údarás na Gaeltachta. Invitation to Tender fo
Commercial Properties Managing Agent
Location: United KingdomBuyer: A2Dominion Housing Group Ltd (A2D)
Open tenderCloses 4 Dec, 202629 daysValue £600.00kSource Find a TenderCommercial Properties Managing Agent services required for c100 properties in central/west London. Services are required for a minimum of 3 years with possible extensions to 5 years. Full scope of services contained within the tender pack. For more information about this opportunity, please visit the eSourcing portal a
Housing Site Identification, Landowner Engagement and Consultancy Services.
Location: East of EnglandBuyer: Chelmsford City Council
Open tenderCloses 16 Nov, 202611 daysValue £200.00kSource Find a TenderChelmsford City Council is seeking tenders from suitably qualified and experienced consultants to identify privately owned sites within the Chelmsford City administrative area suitable for residential development and capable of being secured for future housing delivery. For more information about this opportunity, plea
Global Travel, Accommodation and Venue Management Services
Location: North WestBuyer: Government Commercial Agency
Open tenderCloses 8 Dec, 202633 daysValue £36.25bnSource Find a TenderA framework providing comprehensive booking solutions for all UK Public Sector Travel needs, including air, rail, taxis, coaches, car hire, accommodation and venues for meetings, conferences and events, as well as emergency travel and accommodation solutions, including for civilian cohorts under the care of a UK Public
The Provision of Work Planning Software Application [642]
Location: IrelandBuyer: Commission for Regulation of Utilities
Open tenderCloses 30 Nov, 202625 daysValue €210.00KSource TEDThe CRU prepares a Strategic Plan on a three-year cycle and develops annual Work Plans to support delivery of its priorities, objectives and outcomes. Progress is monitored quarterly through Work Plan review reports and monthly through Focus Area Reports for selected highpriority programmes, projects and organisational
Real Estate Consultancy Services Frameworks for Public Transport, Roads, Greenways and Active Travel Projects
Location: IrelandBuyer: Transport Infrastructure Ireland (TII)
Open tenderCloses 7 Dec, 202632 daysValue €21.60MSource TEDTransport Infrastructure Ireland (TII) intends to establish four-year multi-supplier Real Estate Consultancy Services Frameworks (Lot 1 and 2) to provide a broad range of property, valuation, land acquisition, compensation, estate management, development, regeneration, and related advisory services in support of its in