Award

Asset Valuation Services - Investment Assets (Rural)

LONDON BOROUGH OF ENFIELD

This public procurement record has 1 release in its history.

Award

01 Dec 2025 at 19:25

Summary of the contracting process

The London Borough of Enfield has recently completed a procurement process for "Asset Valuation Services - Investment Assets (Rural)" with a focus on revaluating assets in the rural investment properties category. This contract, awarded to Knight Frank, is underpinned by legislation 2023/54 and was initiated without competition, as it falls below the threshold. The services are categorised under real estate services, with work conducted primarily within the UKI54 region. The contract commenced on 30th November 2025 and is set to conclude on 29th November 2026, following its award on 1st December 2025.

This tender offers a substantial opportunity for businesses adept in offering real estate valuation services, particularly those with experience in handling investment properties. While the procurement process was direct and below the threshold, this type of project could foster growth for companies that specialise in rural property valuations and have the necessary capacity to deliver comprehensive and market-reflective assessments. Large-scale enterprises similar to Knight Frank, with robust resources and established expertise in asset evaluation, are well-positioned to leverage such contracts for expanding their portfolio within the public sector.

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Notice Title

Asset Valuation Services - Investment Assets (Rural)

Notice Description

To carry out a revaluation of all assets in the rural sub-category of investment properties, ensuring the valuations reflect market conditions as 31st March 2026.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05ec64
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/078678-2025
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
£33,150 Under £100K

Notice Dates

Publication Date
1 Dec 20252 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
29 Nov 20252 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
Not specified
Contact Email
procurement.support@enfield.gov.uk
Contact Phone
Not specified

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

KNIGHT FRANK

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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