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Awarded

Evaluation consultancy services

Published

Supplier(s)

Atkins Ltd / Jacobs UK Ltd JV

Value

300,000 GBP

Description

Transport for Wales (TfW) has procured the services of an advisor to provide evidence to support the valuation assessment of the Core valleys lines rail network for financial reporting purposes for the financial year ending 31 March 2021 and future periods. Transport for Wales (TfW) has procured experienced consultants to undertake valuation of assets and provide information on the depreciated replacement costs across our Core valley lines (CVL) in South Wales. The DRC valuation will be reported in the financial statements of Transport for Wales and will be used for consolidation within the Welsh Government group financial statements. The appointed advisor is expected to provide input in the following areas: 1) Developing an excel based valuation model; 2) Developing asset unit costs based on the asset categories; 3) Quantifying risk and other uplifts; 4) Assisting TfW in quantifying the useful economic lives of the assets; 5) Assisting TfW in quantifying the remaining useful economic life of the assets; 6) Undertaking an annual adjustment to the asset value.

Timeline

Award date

3 years ago

Publish date

3 years ago

Buyer information

Transport for Wales

Contact:
Leanne Millard
Email:
Procurement@tfw.wales

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Notice topics

Evaluation consultancy servicesTechnical analysis or consultancy servicesTechnical testing, analysis and consultancy services

Related topics

Business and management consultancy servicesTechnical inspection and testing servicesAnalysis servicesComposition and purity testing and analysis servicesArchitectural, construction, engineering and inspection services

Source

Ted (OJEU)
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