Housing Stock Asset Valuation

Description

Milton Keynes City Council is a unitary authority responsible for delivering a full range of local services, including education, social care, planning, housing, and highways. The Council manages its housing stock within the Housing Revenue Account (HRA), which is subject to annual revaluation in line with Chartered Institute of Public Finance and Accountancy (CIPFA) requirements to ensure accurate reporting in the Council’s financial statements. As of 31 March 2025, the housing stock comprises approximately 12,453 properties. Accurate valuation of these assets is essential for compliance and financial integrity. The Council is seeking to appoint a suitably qualified Valuer to undertake the annual valuation of its housing stock. The appointed valuer will be required to: • Nominate a Project Manager to act as the principal point of contact throughout the contract. • Deliver the services outlined in the Service Specification. • Advise the Client Officer on any additional information required to complete the valuation process.