Property Asset Valuation Services

Official notice

Authority: Shetland Islands Council (Local council)

ServicesAward procedure without prior publication of a call for competitionSME suitable

Sectors: Real estate services (70) Delivery: Scotland (UKM66)

Awarded value£250,000published contract · exc. VAT

Awarded 18 Nov 2025no call for competition

Awarded to Ryden

What is being bought

Published requirement 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.

CPV: Property management services of real estate on a fee or contract basis

The lotProcurement structure

single lot · no lot value published

Lot #1The type of contract awarded is a Services contractAwarded

Delivery: Scotland · Shetland Islands and as required by the Contracting Authority.

Procedure terms & legal framework

From the official record · publisher note attached

Procedure method: Award procedure without prior publication of a call for competition
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Direct award (no call for competition)
GPA / WTO covered: Yes (GPA)
Recurring procurement: Unspecified in notice
First published: 18 Nov 2025, 16:30 GMT
Last source update: 18 Nov 2025, 16:30 GMT
Authority reference: F/01/24
FTS notice number: 2025/S 000-074939
Classification (CPV): Property management services of real estate on a fee or contract basis
Delivery area: Scotland (UKM66)
Official registry OCID: ocds-h6vhtk-05e3b4 Find a Tender

Why no open competition: No tenders or no suitable tenders/requests to participate in response to open procedure
Published justification: 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.

Publisher note: (SC Ref:781599)

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £250,0001 contract exc. VAT

Bids received 11 from SMEs

Contracts signed 1latest 18 Nov 2025

Awarded to	Value	Date	Status
RydenSME	£250,000 †	—	Awarded

Contracts

Contract 074939-2025-F/01/24-1 · RydenSME
Signed
18 Nov 2025
Value
£250,000
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
1bids · 1 electronic	1	—	—

Contracting authority & participating public bodies

Shetland Islands Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services 8 North Ness Business Park, Lerwick, Shetland, Scotland, ZE1 0LZContact name, email, phone

Dispute resolution & review bodies

Lerwick Sheriff CourtReview body LerwickContact email

Bidders & participating suppliers

1 commercial party on the notice

RydenAwarded supplier 130 St Vincent Street, Glasgow, Scotland, G2 5HF

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.