Purpose

Decision Taken
The decision was to procure a new contract for RBK’s Asset
Valuation Services under a Call Off Agreement using the Crown
Commercial Services Procurement Framework RM6168 - Estate
Management Services - Lot 5.
Under Part 4D of the Councils Constitution, Contract Regulation
Section 3 sets out the criteria that any decision taken for this
type contract must follow and involves:
·        
A formal tender via e-tendering system.

·        
Sign off by the relevant Assistant Director or Executive
Director

·        
Must be endorsed by the Lead Portfolio Holder

·        
Completion and approval from the Corporate Commissioning Board of
Gateway 1 and Gateway 2 reports

Reasons for Decision
Legislation requires the Council to present the value of its fixed
assets (land and building) accurately each year in the Statement of
Accounts. Qualified valuation services are essential to deliver
this, and a well managed and
well resourced contractual arrangement
is essential to avoid delays in both the production, and audit of
the Statement of Accounts.

There is no scope to complete the works in house, as sufficient
qualified valuation expertise and capacity is not employed by the
Council at the present time.