Asset Valuation Insurance
ESSEX COUNTY COUNCIL · East of England
Key facts
- Contract value
- £103,637
- Awarded
- 15 Nov 2025
- Contract starts
- 17 Nov 2025
- Contract ends
- 31 Mar 2030
- Procedure
- Call-off from a framework agreement (framework)
- Buyer type
- Local government
- Source
- Contracts Finder
Awarded to
| Supplier | Value |
|---|---|
| NPS Property Consultants Limited | £103,637 |
Description
The contract has been awarded for the provision of professional asset valuation services to a suitably qualified valuation firm. The contract will run for a period of five years (an initial three year term with the option to extend for a further two years.)
It is required to maintain accurate buildings insurance valuations for all properties for which it holds responsibility. These valuations support in ensuring that appropriate insurance cover is maintained.
The appointed supplier will undertake asset valuation each year, to meet its statutory financial reporting obligations under the Chartered Institute of Public Finance and Accountancy, (CIPFA) Code of Practice on Local Authority Accounting in the United Kingdom.
Categories (CPV)
- 71250000 Architectural, engineering and surveying services
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