Reinstatement Cost Assessments for Staffordshire Pension Fund Property Portfolio
Awarded 29 Jul 2022
About
Staffordshire County Council awarded a contract to Hollis for reinstatement cost assessments of 30 property assets within the Staffordshire Pension Fund Direct Property Portfolio, geographically spread throughout the country.
The scope included desktop inflationary updates in July for the following two years, with total declared values as at the end of Q2 2022 for each property.
The figures are to be used in connection with a regular revaluation for insurance purposes and can be provided in Schedule Form with figures, calculations, and comments as necessary.
For properties where no Measured Survey was available, measurement of gross areas was required.
Two desktop updates were to be provided by 31 July 2023 and 31 July 2024.
The contract value was £48,300.
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