DRC Asset Valuations 2026
Buyer: Cornwall Council
- Published
- 13 May 2026
- Estimated value
- £200,000
- Place of performance
- UK
- Procedure
- Restricted procedure
- Lots
- 1
- Notice number
- 043732-2026
- Reference
- ocds-h6vhtk-067885
- Official source
- Official source
CPV codes
- 70000000Real estate services
Description
There is a requirement of Cornwall Council’s Capital Accounts that the ca.4,000 assets owned by the Council within the Council’s General Fund (GF) are valued over a 5-year rolling programme, i.e., at least 20% are valued each year. The Asset Valuation programme establishes the value of the assets to produce the final Capital Valuation figure for the Cornwall Council accounts. Due to the lack of capacity within the Cornwall Council Property Team and/or this more specialist area of valuation, the Asset Valuations valued on a Depreciated Replacement Cost (DRC) basis will be outsourced including Asset Valuations of some Specialist assets at year 2030/31. The outsourcing will be for the financial years 2026/27, 2027/28, 2028/29, 2029/30 and 2030/31, along with the corresponding external auditor queries to enable the Council’s accounts to be closed down.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| NPS Property Consultants Ltd | — | — |
Official publications
- FTS · 043732-2026 · 13 May 2026
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £200,000.
- Who is the buyer of this tender?
- The contracting authority is Cornwall Council (United Kingdom).
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- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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