RFP QuestBeta
Awarded · ResultStage · contract

Sefton Council

Building Valuations for Insurance Purposes

Real EstateCPV 70000000
Value£35k
Awarded9 Dec 2022
Published14 Jan 2023
RegionLondon
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£35ktotal contract value
median £100k
this tender£0£4.3m

This sits below the typical range for Real Estate Services contracts — a smaller, more accessible award. Based on 3,366 valued Real Estate Services tenders in our corpus.

The brief

Sefton Metropolitan Borough Council (the Council) is seeking quotes to supply buildings valuations for insurance purposes for 232 properties, whilst also receiving assurance that the level of professional indemnity insurance provided by the supplier(s) is satisfactory for risk purposes.

The valuations required are for reinstatement cost and should be undertaken by professionals holding a RICS, or equivalent, qualification.

The valuations are to be undertaken via a hybrid exercise.

Buildings identified as being valued at £500,000 or more are to be categorised by the supplier(s) and 15% of these buildings to be visited and valued before extrapolating across the rest of the portfolio.

Buildings identified as being under £500,000 are all to be valued via a desktop exercise by the supplier(s).

Within the list of buildings there are the usual types of buildings for a local authority, including, but not limited to, the following, and which includes some vacant properties: • Schools, Nurseries, and other educational establishments • Leisure Centres • Children's Centres and Homes • Residential Homes • Town Halls • Offices • Depots • Park Pavilions • Cemeteries and Crematoria • Libraries • Market Hall • Pumping Stations There is no in-house building surveyor capacity in the Council to support with this exercise, and limited information to hand, although a broad range of the assets can potentially be categorised, such as year of build and area with some asset management surveys made available.

Please therefore assume that there is limited information available.

Key requirements

What the supplier must deliver

01

Sefton Metropolitan Borough Council (the Council) is

Sefton Metropolitan Borough Council (the Council) is seeking quotes to supply buildings valuations for insurance purposes for 232 properties, whilst also receiving assurance that the level of professional indemnity insurance provided by the supplier(s) is satisfactory for risk purposes.

02

The valuations required are for reinstatement cost

The valuations required are for reinstatement cost and should be undertaken by professionals holding a RICS, or equivalent, qualification.

03

There is no in-house building surveyor capacity

There is no in-house building surveyor capacity in the Council to support with this exercise, and limited information to hand, although a broad range of the assets can potentially be categorised, such as year of build and area with some asset management surveys made available.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
37eabb0b-3ac0-4e20-b6c0-4849088130de
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
SEFT001-DN642129-03484177
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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