Award

Professional Services - Independent Audit of Valuation Model (Welsh Revaluation)

VALUATION OFFICE AGENCY

This public procurement record has 1 release in its history.

Award

04 Sep 2023 at 12:45

Award Notice
Summary of the contracting process

The Valuation Office Agency (VOA) has recently completed a tender process for the provision of Professional Services - Independent Audit of Valuation Model (Welsh Revaluation). This tender, with the identification number VOA/2023/033, sought an external Supplier to audit their Automated Valuation Model, designed for valuing properties in Wales. The procurement method used was Single Tender Action below threshold, and the tender period ended on 7th August 2023. The contract period for this procurement is from 1st September 2023 to 15th December 2023, with a total contract value of £115,563 GBP. The contracting authority, the VOA, is located in London, England, and falls under the IT services category.

This procurement opportunity for the independent audit of the Valuation Model by the VOA presents a chance for businesses with expertise in IT services and consulting to demonstrate their skills. Companies with a proven substantial track record in providing such services could find this tender well-suited for them. The VOA's niche requirement, supported by Technical Reasoning under PCR 2015, Regulation 32(2)(b), makes this an opportunity for businesses looking to engage in a specialised and impactful project within the public sector.

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Notice Information

Notice Title

Professional Services - Independent Audit of Valuation Model (Welsh Revaluation)

Notice Description

The Welsh Government has commissioned the VOA to carry out a revaluation of all domestic property in Wales. To facilitate this, the VOA has built an Automated Valuation Model (AVM) to value some 1.5 million properties. The VOA is seeking to appoint an external Supplier, who has experience, and a proven substantial track record, to undertake an independent audit of the AVM to confirm that its performance meets the standards expected by the International Association of Assessing Officers. This purchase is for the services and expertise to provide official accreditation for the performance of the AVM. This activity will be required to be delivered in late Q2 2023-24 / early Q3 2023-24.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9f9077a2-941b-4b2a-a26f-34af7daa4060
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ac57b882-52a0-4e98-a139-1a29dbfd08bd
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - (i) Below threshold and (ii) Single Tender Action on this occasion is supported via PCR 2015, Regulation 32(2)(b) on the grounds of (ii) Technical Reasoning, due to VOA's extremely niche requirement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£115,563 £100K-£500K
Lots Value
Not specified
Awards Value
£115,563 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Sep 20232 years ago
Submission Deadline
7 Aug 2023Expired
Future Notice Date
Not specified
Award Date
22 Aug 20232 years ago
Contract Period
31 Aug 2023 - 15 Dec 2023 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
VALUATION OFFICE AGENCY
Contact Name
Bruce Thomson
Contact Email
bruce.thomson@voa.gov.uk
Contact Phone
03000501624

Buyer Location

Locality
LONDON
Postcode
E14 4PU
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

INTERNATIONAL ASSOCIATION OF ASSESSING OFFICERS (PROFESSIONAL

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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