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C273/2024/2025 - Testing Land Valuation Methodologies

Welsh Government

This public procurement record has 1 release in its history.

Award

25 Jul 2025 at 15:53

UK6 - Contract Award Notice
Summary of the contracting process

The Welsh Government has awarded a contract titled "C273/2024/2025 - Testing Land Valuation Methodologies", focusing on practical approaches to land valuation. This procurement, led by the central government authority, sought bids through an open procedure and encompasses a range of research and development services. The process was initiated in Cardiff, Wales, and culminated with awards distributed across five distinct lot categories. The tender submission closed on 12th May 2025, and the contracts were awarded on 15th July 2025. The contract period extends from 8th August 2025 to 31st March 2026. This project forms part of the services category, targeting the development and application of land valuation methodologies within an international research framework.

This tender presents substantial growth opportunities for businesses involved in research, development, and consultancy services, particularly those focusing on land valuation and related methodologies. SMEs, such as ALMA ECONOMICS LIMITED and KAMPAKIS AND CO. LTD, exemplify the type of enterprises well-suited for such projects, given their capacity for innovative and tailored methodological approaches. The procurement's structure, inviting exploration of traditional and emerging valuation techniques, encourages diverse participation, promoting versatility and innovation. This fosters potential business expansion for firms specialising in market-based statistical analyses, machine learning, and conventional or experimental valuation approaches, leveraging unique expertise and innovative solutions within the UK market.

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Notice Information

Notice Title

C273/2024/2025 - Testing Land Valuation Methodologies

Notice Description

The research is intended to focus on practical approaches to undertaking the valuation of land. Consideration of a range of methodologies is necessary, to allow for comparison as well as testing the challenges and outputs. Bidders are invited to make bids within each of the four lot categories described in this document, which reflect the range of established and emerging approaches applied to value land in both international practice and research literature. A fifth lot category offers a 'free' choice of an alternative methodology to be proposed by the bidder. Bidders can bid for 1, more than 1 or all 5 lot categories. A maximum number of the 3 highest placed bidders will be awarded a contract under each of the lots.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-050167
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/043249-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73000000 - Research and development services and related consultancy services

73400000 - Research and Development services on security and defence materials

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£75,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jul 20251 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
15 Jul 20251 years ago
Contract Period
8 Aug 2025 - 31 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Welsh Government
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CARDIFF
Postcode
CF10 3NQ
Postcode Area
Cardiff
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
Not specified
Local Authority
Cardiff
Electoral Ward
Cathays
Westminster Constituency
Cardiff South and Penarth

Supplier Information

Number of Suppliers
5
Supplier Names

ALMA ECONOMICS LIMITED

AXION SOLUTIONS LTD

BANGOR UNIVERSITY

INDUSTRYLINE RESEARCH LTD

KAMPAKIS AND CO. LTD

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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