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The Provision of Property Valuation Services

DEVELOPMENT BANK OF WALES

This public procurement record has 1 release in its history.

Planning

10 Jul 2026 at 15:53

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

The current procurement process initiated by the Development Bank of Wales focuses on the provision of property valuation services. This project is in the planning stage as part of a preliminary market engagement to enhance delivery of RICS valuation services across Wales, particularly targeting supplier access improvements in Mid and North Wales. The procurement is classified under services and linked to property management services of real estate. Interested suppliers should register their interest by 7th August 2026, after which a Request for Information document will be issued. The procurement, valued at £400,000, is governed by Welsh devolved regulations and aims to start its contract period on 1st May 2027, potentially culminating on 30th May 2029, with an option to extend until 2032.

This tender presents substantial opportunities for businesses specialising in property management and valuation services, particularly those keen to expand their offerings in Wales. It is especially geared towards small and medium-sized enterprises (SMEs) seeking to improve their market presence and contribute towards improved service delivery for vulnerable customers. Engaging with this tender process could provide firms with valuable insights and early involvement, potentially leading to significant business growth through strategic partnerships with the Development Bank of Wales.

How relevant is this notice?

Notice Information

Notice Title

The Provision of Property Valuation Services

Notice Description

The Development Bank of Wales ("DBW") is undertaking preliminary market engagement to inform a future procurement for RICS valuation services across Wales with a particular focus on improving supplier access in Mid and North Wales and enhancing delivery to vulnerable customers. This Request for Information (RFI) seeks engagement from suppliers who provide these services. This RFI seeks engagement from suppliers with the aim of improving supplier participation, simplify the procurement process and ensure effective service delivery.

Planning Information

Suppliers are to register their interest. Once registered, a Request for Information document will be sent containing further information in relation to this PME notice.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06c8f4
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/065352-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70330000 - Property management services of real estate on a fee or contract basis

Notice Value(s)

Tender Value
£333,333 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Jul 20265 days ago
Submission Deadline
Not specified
Future Notice Date
1 Apr 20279 months to go
Award Date
Not specified
Contract Period
30 Apr 2027 - 30 May 2029 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEVELOPMENT BANK OF WALES
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 4BZ
Post Town
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
TLL Wales
Local Authority
Cardiff
Electoral Ward
Butetown
Westminster Constituency
Cardiff South and Penarth

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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