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    ContractsProperty Portfolio Valuation Services for Lincolnshire County Council
    Open tender

    Property Portfolio Valuation Services for Lincolnshire County Council

    Lincolnshire County Council seeks a qualified valuation firm to manage annual rolling valuations and specialist valuation services for its £796.4 million property portfolio of approximately 850 assets.

    🇬🇧United Kingdom· East MidlandsPublished 21 Aug 2026· 2 months agoviaFind a Tender

    Decision brief

    4 fields
    • Contract value
      Not disclosed
      Source did not declare a figure
    • Closing date
      Rolling
      No closing date published
    • Sector
      Professional Services
      Browse related listings
    • Location
      🇬🇧United Kingdom
      East Midlands

    Lifecycle

    Open

    Open tender — no closing date published. Opened 2 months ago.

    21 August 2026
    Open tender · no closing date published

    Brief

    Lincolnshire County Council is seeking a qualified valuation provider to manage valuations for its diverse property portfolio of approximately 850 assets valued at £796.4 million. This includes operational assets (schools, offices, fire stations, libraries) and non-operational assets (investment properties, land, surplus assets, and leasehold interests). The successful provider will deliver annual rolling valuations (minimum 20% of portfolio per year) and specialist services including impairment reviews, investment property valuations, component accounting assessments, IFRS 16 lease valuations, and ad hoc valuations for acquisitions and disposals. All work must comply with CIPFA/LASAAC Code of Practice, International Financial Reporting Standards (IFRS), and RICS Valuation Standards. The provider will work collaboratively with Corporate Property and Finance teams to deliver valuations within prescribed timescales, supported by detailed reporting including asset lives, residual values, land/building apportionments, component valuations, and valuation narratives. This outsourced service ensures statutory compliance and provides capacity and resilience for the Council's financial accounting requirements.

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    Full notice and submission process on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    find-tender.service.gov.uk
    Record ID
    ocds-h6vhtk-06e9b7

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    LC
    Buyer
    LINCOLNSHIRE COUNTY COUNCIL
    Sector
    Professional Services