Asset Valuations for Statutory Financial Reporting
This is a contract result notice, not an open opportunity. Details from the official award data.
Under the CIPFA Code of Practice on Local Authority Accounting, Cherwell District Council (CDC) is required to undertake professional valuation of any asset it holds under the revaluation model (IAS16 and IAS40, as adapted by the CIPFA code) for financial reporting purposes.
The valuations are required to be undertaken by suitably qualified valuation professionals and at a frequency that ensures the book values declared in the Council's accounts are current and materially accurate.
The council intends to operate a 3-year valuation schedule to ensure that the values remain current and materially correct.
What the supplier must deliver
Under the CIPFA Code of Practice on
Under the CIPFA Code of Practice on Local Authority Accounting, Cherwell District Council (CDC) is required to undertake professional valuation of any asset it holds under the revaluation model (IAS16 and IAS40, as adapted by the CIPFA code) for financial reporting purposes.
The valuations are required to be undertaken
The valuations are required to be undertaken by suitably qualified valuation professionals and at a frequency that ensures the book values declared in the Council's accounts are current and materially accurate.
The council intends to operate a 3-year
The council intends to operate a 3-year valuation schedule to ensure that the values remain current and materially correct.
Derived from the notice text — always confirm against the original documents.
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- OCID
- 88377fbc-c926-4ebe-a4a1-fed8fb2f00d0
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- 20231006184746-146564
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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