Capital Accounting Valuations Waste Management and Recycling Contract and Closed Landfill Sites

Descriptions

Merseyside Waste Disposal Authority has an obligation to value its property portfolio on a regular basis in order to comply with CIPFA's Accounting Code of Practice. The Authority has decided that it will use a triennial valuation as the most appropriate way of meeting those requirements. The Authority requires a full valuation of its property portfolio in 2025 with an annual update, to confirm whether valuation conditions for the Authority's assets have changed significantly each year in February 2026 and February 2027. To this effect the Authority wishes to appoint a suitably qualified and experienced Surveyor to undertake a full valuation of its facilities used in the delivery of its Waste Management and Recycling Contract (WMRC) and its closed landfill sites. The properties listed at Schedule 1 in accordance with current RICS, IFRS and CIPFA guidance at the time. The Contract will be for a term of three years as set out at Clause 2.