Valuation of Assets

Award

Isle of Wight Council

Highlights

Award value
Winning supplier
Wilks Head & Eve LLP
Award date

Details

Published
14 Sept 2026
Deadline
Value
Location
UKJ34
Source
Find a Tender
Source notice ID
087021-2026
OCID
ocds-h6vhtk-038813
CPV codes
70000000, 79210000
View on Find a Tender

Description

VII.2.6. value is whole life cost.

Similar opportunities

More from Isle of Wight Council

View all

Lots (1)

LotTitleValue
1Valuation of Assets(original requirement) The Authority requires its assets valued in order to comply with • CIPFA Code of Practice on Local Authority Accounting insofar as it relates to valuations for the balance sheet and related disclosures including bases of value, valuation frequency, componentisation, lease classification, impairment etc., and associated practical approaches, including the key changes arising from IFRS16 • RICS Valuation Professional Standards and the International Valuation Standards insofar as they relate to local authority asset valuations, together with the associated practical approaches. • International Standards on Auditing as adapted for the UK and gain practical tips for a smoother audit process Further competition carried out under ESPO Framework 2700_22. (Modification)The statutory statement of accounts, requires a significant annual piece of work in providing valuations of land and building assets the council holds, on a rolling 5 year basis. As part of the government reset of auditing requirements, an additional piece of work is required during January to March 2027 to complete the same work for an additional sample of assets.

Awarded contracts (1)

TitleSupplierValueAwarded
Award 087021-2026-1-1Wilks Head & Eve LLP
Valuation of Assets | Winston Scout