Procurement Summary
Country: United Kingdom
Summary: Financial Asset Valuation
Deadline: 15 Jul 2026
Posting Date: 13 Jun 2026
Other Information
Notice Type: Tender
TOT Ref.No.: 143242458
Document Ref. No.: CO1864
Competition: ICB
Financier: Self Financed
Purchaser Ownership: Public
Tender Value: Refer Document
CPV Classification
79200000 - Accounting, auditing and fiscal services
Purchaser's Detail
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Login to see detailsTender Details
Wiltshire Council owns a varied general fund asset portfolio in the region of 640 property assets including leisure centres, schools, car parks libraries, offices and depots. The total general fund asset value is currently estimated at approximately £830m. The Consultant is required to provide the Authority with valuations that are compliant with the relevant professional standards and guidance in place at the date point of the valuations, which includes: • Chartered Institute of Public Finance and Accountancy (CIPFA) Code of Practice on Local Authority Accounting (‘The CIPFA Code-) and any other relevant guidance. The Authority requires a five-year rolling programme of its general fund assets (i.e. a third of the general fund assets valued annually), and an annual material movement report for its general fund assets for those assets not valued in that year. • An annual valuation of general fund assets covering asset classes that require annual valuations. • An annual valuation of assets being held for investment purposes must also be carried out. • The Authority also requires annual year end-valuations for the Council-s HRA housing stock and garages. • Individual asset valuations will be required for individual components in accordance with the Authority-s accounting policy on componentisation. • The Authority requires an annual review of useful asset lives. • Asset valuations must have regard to any impairment events. • The instruction will include valuations of the Council...
Documents
Tender Notice