Contract

Property Asset Valuation Services

  • Shetland Islands Council

F03: Contract award notice

Notice identifier: 2025/S 000-074939

Procurement identifier (OCID): ocds-h6vhtk-05e3b4

Published 18 November 2025, 4:30pm



Section one: Contracting authority

one.1) Name and addresses

Shetland Islands Council

8 North Ness Business Park

Lerwick, Shetland

ZE1 0LZ

Contact

Graeme MacDonald

Email

contract.admin@shetland.gov.uk

Telephone

+44 1595744595

Country

United Kingdom

NUTS code

UKM66 - Shetland Islands

Internet address(es)

Main address

http://www.shetland.gov.uk

Buyer's address

https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00402

one.4) Type of the contracting authority

Regional or local authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Property Asset Valuation Services

Reference number

F/01/24

two.1.2) Main CPV code

  • 70330000 - Property management services of real estate on a fee or contract basis

two.1.3) Type of contract

Services

two.1.4) Short description

The Council carries out a rolling programme of valuation that ensures that all property, plant and equipment required to be measured at fair value, is currently revalued at least every five years, but we are considering alternative frequency of valuations. Valuations of land and buildings are required in accordance with the methodologies and bases for estimation set out in the professional standards of the Royal Institution of Chartered Surveyors.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £250,000

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKM66 - Shetland Islands
Main site or place of performance

Shetland Islands and as required by the Contracting Authority.

two.2.4) Description of the procurement

The type of contract awarded is a Services contract.

two.2.5) Award criteria

Price

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Award of a contract without prior publication of a call for competition in the cases listed below

  • No tenders or no suitable tenders/requests to participate in response to open procedure

Explanation:

A mini competition was carried out on Crown Commercial Services Framework Agreement (“the Framework”) RM6168 Lot 5. Two suppliers expressed an interest however never took part in the mini competition leaving the process with no tenders. Given the failure of the tendering process the Council approached one of the suppliers on the Framework, to establish if they could deliver the services required. They submitted a quotation which is based on the Framework Agreement and therefore gives comfort that the proposal from them is value for money.

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes


Section five. Award of contract

Contract No

F/01/24

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

18 November 2025

five.2.2) Information about tenders

Number of tenders received: 1

Number of tenders received from SMEs: 1

Number of tenders received from tenderers from other EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 1

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Ryden

130 St Vincent Street

Glasgow

G2 5HF

Country

United Kingdom

NUTS code
  • UKM82 - Glasgow City
The contractor is an SME

Yes

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £250,000


Section six. Complementary information

six.3) Additional information

(SC Ref:781599)

six.4) Procedures for review

six.4.1) Review body

Lerwick Sheriff Court

King Erik Street

Lerwick

ZE1 0HD

Email

lerwick@scotcourts.gov.uk

Country

United Kingdom