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Awarded contract
Published 17 Jan 2025

Valuation of WBC Properties for Insurance Purposes - AWARD

West Berkshire Council · South East

Key facts

Contract value
£36,200
Awarded
23 Dec 2024
Contract starts
06 Jan 2025
Contract ends
05 Jan 2030
Procedure
Open procedure
Buyer type
Local government

Awarded to

SupplierValue
Wilks Head & Eve LLP£36,200

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.

Categories (CPV)

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