Award

Asset Valuation Services - HRA, HGL, Investment, Surplus & OLB

LONDON BOROUGH OF ENFIELD

This public procurement record has 1 release in its history.

Award

01 Dec 2025 at 17:58

Summary of the contracting process

The London Borough of Enfield recently completed a procurement process for asset valuation services under the title "Asset Valuation Services - HRA, HGL, Investment, Surplus & OLB." This initiative, focusing on re-evaluating assets to reflect market conditions by the end of 2025, was carried out through a direct procurement method, under a legal basis of the UKPGA 2023/54. Sanderson Weatherall, located in London, was awarded the contract, which commenced on 30th November 2025 and is set to conclude on 29th November 2026. This procurement falls under the services category, specifically real estate services, and was completed without competition as it was below the threshold. The total contract value is £96,072 gross, with a net amount of £80,060.

This tender offers substantial opportunities for businesses specialising in real estate services, particularly those with expertise in asset valuation. Companies capable of providing precise and market-reflective asset valuations can find this type of opportunity beneficial for growth. Given that the procurement method was direct and below threshold, smaller businesses or those looking to expand their service offerings in public sector contracts could find similar opportunities advantageous. Businesses able to deliver specialised services within given timeframes are particularly well-suited to participate in such procurements.

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Notice Title

Asset Valuation Services - HRA, HGL, Investment, Surplus & OLB

Notice Description

To carry out a revaluation of all required assets, ensuring the valuations reflect market conditions as at 31st December 2025 with an uplift to 31st March 2026.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05ec5f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/078672-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£80,060 Under £100K

Notice Dates

Publication Date
1 Dec 20254 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
29 Nov 20254 months ago
Contract Period
30 Nov 2025 - 29 Nov 2026 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF ENFIELD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ENFIELD
Postcode
EN1 3XA
Post Town
Enfield
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI54 Enfield
Delivery Location
Not specified

Local Authority
Enfield
Electoral Ward
Town
Westminster Constituency
Enfield North

Supplier Information

Number of Suppliers
1
Supplier Name

SANDERSON WEATHERALL

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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