2018/19 SARA - Review of Valuation Methodology
key details
| Value | £27,255 |
|---|---|
| Status | complete |
| Category (CPV) | 79212000 |
| Region | London |
| Deadline | 24 Nov 2019 |
| Contract start | 29 Jan 2020 |
| Contract end | 12 Jun 2020 |
| Procedure | selective |
| SME suitable | No |
| OCID | ocds-b5fd17-3fc9c6be-4662-42f2-8e31-40c38c8743de |
Award
| Supplier | Value | Date | Status |
|---|---|---|---|
| PRICEWATERHOUSECOOPERS LLP | £27,255 | 24 Nov 2019 | active |
description
Contract to gain assurance that the valuation methodology used in the Academy Sector Annual Report and Accounts (SARA) is fit for purpose.
Accounting standards require that a professional valuation be undertaken on the estate occupied by the academy sector on a rolling five-year basis. A fifth of the estate, c £10-12 billion, is valued annually. Given the specialist nature of the estate, this is completed using a Depreciated Replacement Cost methodology developed by professional surveyors. The annual valuation spend is c £350,000 - £400,000.
Contract awarded is to provide assurance over that methodology.
notice history
1 notice published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 19 Feb 2020 | Award (award) | · | 202ecbf2-0ed1-4998-b7d0-1b6758cbd08f-344888 |
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source
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