Tender Details

Country: United Kingdom
Summary: Investment Property Valuations-National Locations
GBT Ref No: 121282807
Deadline: 18 Jul 2025
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: DN779325
Purchaser's Detail:
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Description:
Nottinghamshire County Council (the Council) is seeking tenders, on behalf of Mansfield District Council (MDC), for the services as detailed below, nationwide geographical coverage is required. Mansfield District Council owns and manages a portfolio of 10 investment properties. The portfolio includes 9 UK wide properties and 1 shopping centre in Mansfield. The property mix includes a hotel, gym, office, supermarket, VW commercial vehicle sales/service centre, 2 x DIY retail, industrial, shopping centre and mixed office and residential long leasehold interest. Under the requirements of the International Financial Reporting Standards (IFRS) the Council is obliged to accurately account for its property assets on an annual basis. To comply with these requirements the Council intends to appoint an appropriately experienced and qualified firm of valuers (hereinafter "the Valuer) on a five-year contract to undertake annual asset valuations of the Council's investment portfolio for financial reporting purposes. The Council is also obliged to carry out an annual Impairment to assess any material impact in the asset values from the valuation date (31st December) to the year-end date (31st March). To satisfy this requirement the Council intends to incorporate this annual impairment review into the 5-year contract. The Council also requires the Valuer to undertake reinstatement replacement cost assessments for 6 properties for insurance purposes. These will only be required in one year ...
Documents:

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Investment Property Valuations-National Locations - Greatbritain Tender

The MANSFIELD DISTRICT COUNCIL, a Government sector organization in United Kingdom, has announced a new tender for Investment Property Valuations-National Locations. This tender is published on GreatbritainTenders under GBT Ref No: 121282807 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-07-18.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.