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WFHA - Request for Quote for an Asset Valuation Consultant.

Waltham Forest Housing Association

This public procurement record has 1 release in its history.

Tender

28 Apr 2025 at 12:30

UK4 - Tender Notice
Summary of the contracting process

The Waltham Forest Housing Association has initiated a procurement process to engage an Asset Valuation Consultant for a comprehensive valuation of its property assets, which include approximately 350 homes located in the London Borough of Waltham Forest. This competitive procurement process is being overseen by Altair Consultancy and Advisory Services Ltd, serving as the contracting agent. The tender is currently in the active 'tender' stage, with submissions due by 16th May 2025, 12:00 PM. This open competition, valued at £29,000, falls under the real estate services and architectural, construction, engineering, and inspection services industry categories, with key activities expected to commence on 11th July 2025. The goal is to ensure adequate insurance coverage and demonstrate value for money for the housing assets.

This tender offers significant opportunities for businesses specialising in property valuation, particularly those with expertise in social housing assets. With a focus on obtaining value for money, the contract is well-suited to SMEs with strong legal and financial capabilities, aiming to provide a high-quality and efficient valuation service without impacting existing tenants. The procurement process includes a thorough evaluation based on quality and price, offering a fair chance for capable firms to establish a long-term relationship with a stable public undertaking. Successful bidders will benefit from exposure and the opportunity to expand their portfolios within the public sector.

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Notice Information

Notice Title

WFHA - Request for Quote for an Asset Valuation Consultant.

Notice Description

Linked to Notice Notice identifier: 2025/S 000-017087 Procurement identifier (OCID): ocds-h6vhtk-0507c7 Published 25 April 2025, 2:53pm * WFHA, is a small independent and not-for-profit Registered Provider (PR), providing social homes across the London Borough of Waltham Forest for over sixty years. WFHA currently owns c350 homes: c150 general needs, c150 sheltered housing and c20 supported housing for adults with learning disabilities. * In addition, WFHA owns a property used to house young homeless people and this is currently 1 leased to another provider. The Service Provider will be required to undertake a full valuation exercise across all of WFHA assets. * WFHA Current property assets were last fully valued in 2014, however, partial valuation was carried out in 2018. WFHA full asset requires a revaluation, to ensure that the insurance coverage across the assets is adequate and future proofed. The consultant will be required to carry out this valuation process in an efficient manner without impacting the tenant(s) or any of the properties. * WFHA want to demonstrate that they are obtaining value for money and are testing the market to ensure that best value is being achieved. * In order to obtain value for money WFHA is undertaking a competitive quotation process to identify the most suitable, competent and capable valuation consultant. The appointed valuation consultant will be required to lead and undertake a review of WFHA's full property and wider assets and provide a detailed overview of the valuation at a granular detail.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05084d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/017279-2025
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

71 - Architectural, construction, engineering and inspection services

CPV Codes

70000000 - Real estate services

71000000 - Architectural, construction, engineering and inspection services

Notice Value(s)

Tender Value
£24,167 Under £100K
Lots Value
£24,167 Under £100K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
28 Apr 20251 years ago
Submission Deadline
16 May 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
11 Jul 2025 - 10 Jul 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Waltham Forest Housing Association
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E17 3RU
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI53 Redbridge and Waltham Forest
Delivery Location
Not specified
Local Authority
Waltham Forest
Electoral Ward
Hoe Street
Westminster Constituency
Walthamstow

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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