# CPU 4298 Asset Valuations

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Nottingham City Council](/buyers/nottingham-city-council/contract-awards)
- Contract winner: [Lambert Smith Hampton](/contract-winners/lambert-smith-hampton/public-sector-contract-awards)
- Award value: £59,000
- Tender value: £85,000
- Award date: 25 January 2021
- Published: 27 January 2021
- Contract start: 27 January 2021
- Contract end: 31 March 2021
- Stage: awarded
- Procurement category: services
- Notice ID: 22e5c69b-d736-4794-824e-e5a057af4658-408645
- OCID: ocds-b5fd17-ef6390a7-0ab2-4200-87dd-d3e0ac2c1307

## Description

Nottingham City Council is required to complete revaluations of its operational and non-operational assets including: • Investment Properties • Surplus Assets • Operational Property • Specialised High Value Plant and Equipment The valuations are completed on a number of bases including Fair Value, Depreciated Replacement Cost Method and Existing Use Value\. The Council holds/controls a wide variety of property types from incinerators to high value retail parks\. The Property Trading Account whilst primarily located in Nottingham has assets in Newcastle and the West Midlands which requires specialist external input\. The full details of requirements can be found on page 3 of the Invitation to Quote\.

## Related contract awards

- [CPU5289 - SEN - NCC2601](/contracts/ocds-b5fd17-6dab1eae-7dde-48f4-8b6b-ecd4a728c92e): Nottingham City Council
- [CPU5289 - SEN - NCC2602](/contracts/ocds-b5fd17-4b751403-3d20-485e-8943-c445ae2fc0b3): Nottingham City Council
- [CPU5289 - SEN - NCC2603](/contracts/ocds-b5fd17-11b6ab13-ef39-4094-bd5f-8140a0147e34): Nottingham City Council
- [Estate Management Surveys](/contracts/ocds-b5fd17-07e10a1c-9331-44df-a06c-053627d3a1d3): City of Doncaster Council
- [Homes England - Property - Lincoln Western Growth Corridor - Site 1](/contracts/ocds-b5fd17-947c7fe5-5655-4e0a-978e-c699cf2551af): Homes England \(the name adopted by the Homes and Communities Agency\)
- [Homes England - Property and Financial Professional Services - Disposal of Land North of Axbridge Road - Cheddar](/contracts/ocds-b5fd17-bbc008e6-dc7a-47ea-8c1c-d25e4fe16452): Homes England \(the name adopted by the Homes and Communities Agency\)

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/22e5c69b-d736-4794-824e-e5a057af4658-408645)