Asset and Insurance Reinstatement Valuation Services for Herefordshire Council
Awarded 21 Feb 2019
About
Herefordshire Council awarded a contract to Wilks Head & Eve LLP for formal asset valuations to be included in the Council's asset register and balance sheet by the end of the financial year, in accordance with RICS guidance and the CIPFA Code of Practice on Local Authority Accounting.
The scope included annual valuations for investment assets, assets held for sale, surplus assets, assets changing asset class, and assets substantially improved or impaired, as well as bi-annual valuations for land and building assets, and a market forces review on a regional sector basis as a validation check.
The contract value was £150,000.
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