# Estates Valuation Services

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [The Police & Crime Commissioner for Lincolnshire](/buyers/the-police-crime-commissioner-for-lincolnshire/contract-awards)
- Published: 4 September 2019
- Planned start: 1 November 2019
- Planned end: 31 October 2021
- Stage: open_tender
- Procurement category: services
- Notice ID: 31149889-41b5-461e-9144-8a2baf907f55-311964
- OCID: ocds-b5fd17-c251878f-f376-4844-a3c3-167cecd8a4d3

## Description

The CIPFA code of practice on local authority accounting 2018/19 requires that 'assets must be revalued every five years as a minimum, but confirms that assets must be revalued more regularly where a five-yearly valuation is insufficient to keep pace with material changes in current value'\. The five year milestone is 01\.04\.2021, however with the potential for a new valuer being appointed it is prudent to have them carry out a full revaluation as at 01\.04\.2019\. A full revaluation will require every property to have a site visit, and will therefore require valuers to be vetted\. There are a mixture of property types that will need to be classified in accordance with CIPFA and RICS\. Valuation bases will need to be agreed between Lincolnshire Police and the valuer\. Accounting Policies of Lincolnshire Police will need to be adhered to\. Throughout the valuation exercise the valuer must adhere to RICS Appraisal and Valuation standards \(Red Book\) and CIPFA requirements\.

## Related contract awards

- [Purchase of vehicles for use by Lincolnshire Police](/contracts/ocds-b5fd17-ff947926-8ae3-404a-a113-90dbe21e65e8): THE POLICE AND CRIME COMMISSIONER FOR LINCOLNSHIRE
- [Duty Management Software Support & Maintenance Provision](/contracts/ocds-b5fd17-eead614f-7448-4e76-8c29-bea2184f7f4a): THE POLICE AND CRIME COMMISSIONER FOR LINCOLNSHIRE
- [Supply of Bunkered Diesel Fuel to Lincolnshire Police](/contracts/ocds-b5fd17-7ed11f0d-ad71-4088-a438-dd4ad714867e): THE POLICE AND CRIME COMMISSIONER FOR LINCOLNSHIRE

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/31149889-41b5-461e-9144-8a2baf907f55-311964)