Date of dispatch of this notice: 06/10/2023
Expire date: 09/11/2023
External Reference: 88377fbc-c926-4ebe-a4a1-fed8fb2f00d0
Date of dispatch of this notice: 06/10/2023
Expire date: 09/11/2023
External Reference: 88377fbc-c926-4ebe-a4a1-fed8fb2f00d0
Official name: Cherwell District Council
Url: https://www.cherwell.gov.uk/
Address line 1: Bodicote House, White Post Road
Town: Banbury
Postal Code: OX15 4AA
Country: England
Contact person: Mike Sullivan
E-mail: Michael.Sullivan@cherwell-dc.gov.uk
Phone: +44 1295227940
Title attributed to the contract: Asset Valuations for Statutory Financial Reporting
Description:
Under the CIPFA Code of Practice on Local Authority Accounting, Cherwell District Council (CDC) is required to undertake professional valuation of any asset it holds under the revaluation model (IAS16 and IAS40, as adapted by the CIPFA code) for financial reporting purposes. The valuations are required to be undertaken by suitably qualified valuation professionals and at a frequency that ensures the book values declared in the Council’s accounts are current and materially accurate. The council intends to operate a 3-year valuation schedule to ensure that the values remain current and materially correct.
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