RFP QuestBeta
Awarded · ResultStage · contract

Parliament UK

GSV1356-Provision of Valuation Of Historic Furniture And Decorative Arts Collection - AWARD

Community ServicesCPV 98110000 79419000 45454100 79995200 39143113 50830000
Value£44k
Awarded18 Jan 2016
Published2 Feb 2016
RegionLondon
Outcome — awarded

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

Contract value in context
£44ktotal contract value
median £134k
this tender£0£4.1m

This sits below the typical range for Other Community & Personal Services contracts — a smaller, more accessible award. Based on 5,835 valued Other Community & Personal Services tenders in our corpus.

The brief

To provide two valuations; one for insurance and one of market value for the Historic Furniture and Decorative Arts Collection.

The valuers will view 500 objects in situ and value the rest of the collection from images and information which will be provided by the Authority.

The information is needed to be able to provide a valuation for the statutory financial accounts and for insurance purposes.

The definition of Market Value for the purpose of this work is: The price of the item in its current state if sold at auction before deduction of any charges and excluding buyer’s premium.

The provenance and history of the items must be taken into account when deciding on the valuation for Market Value and Insurance.

The collection consists of approximately 9,423 items consisting of furniture, clocks and ceramics.

Over half of the collection was designed by A.W.N.

Pugin for the refurbishment of the palace after the fire of 1834.

Another large section of furniture, approximately 2000 items, were designed by Sir Giles Gilbert Scott in the 1950s after the bombing of House of Commons during the Second World War.

There are a number of items of national and international significance such as the thrones and the state bed.

There are 234 clocks in the collection which were mostly designed by A.W.N.

Pugin but there are a number of other Victorian clocks as well.

There are around 100 ceramics, also designed by A.W.N.

Pugin, with a very small number of other ceramic items.

The rest of the collection consists of furniture such as chairs (5,875), tables (1,675), bookcases and cupboards (360), beds, mirrors and small items such as letter racks and ink stands.

It is intended that the valuer would visually inspect and value 500 preselected items.

The valuer will then value the rest of the collection from images and information provided from the collection database.

We require an experienced valuer with extensive knowledge of A.W.N.

Pugin and Scott furniture and the value of these items.

The valuer should have experience dealing with large collections and compiling reports on collections of this scale.

Key requirements

What the supplier must deliver

01

To provide two valuations; one for insurance

To provide two valuations; one for insurance and one of market value for the Historic Furniture and Decorative Arts Collection.

02

The information is needed to be able

The information is needed to be able to provide a valuation for the statutory financial accounts and for insurance purposes.

03

The provenance and history of the items

The provenance and history of the items must be taken into account when deciding on the valuation for Market Value and Insurance.

04

The valuer should have experience dealing

The valuer should have experience dealing with large collections and compiling reports on collections of this scale.

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

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Source & provenance
OCID
8e9893cc-f466-466b-8d5c-3467f0f574c3
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
GSV1356 - AWARD
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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