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Contract for Valuation and Indexation of Assets

London Borough of Waltham Forest

This public procurement record has 1 release in its history.

Tender

04 Aug 2026 at 15:56

UK4 - Tender Notice
Summary of the contracting process

The London Borough of Waltham Forest is seeking a supplier for valuation and indexation of its assets. This is a financial and insurance service, covering the professional assessment of asset values and their adjustment through indexation in line with the requirements set out in the specification. The work is for the Council and is to be delivered in the United Kingdom. The requirement is arranged as one service package rather than separate workstreams. Businesses specialising in asset valuation, asset registers, indexation, financial assessment or related insurance services should assess the specification to confirm that their service coverage matches the Council’s needs. The opportunity is relevant to firms able to provide a structured valuation and indexation service for a public-sector asset portfolio.

The process has reached tender: the Council invited quotations through a below-threshold open competition. Suppliers could submit enquiries until 19 August 2026 at 5:00pm, and offers were due by 31 August 2026 at 5:00pm. The contract period is 1 October 2026 to 30 September 2027, with an option for the Council to extend it by up to a further 12 months, potentially until 30 September 2028. The estimated value is £75,000 excluding VAT, or £90,000 including VAT. Evaluation is based on 51% price and 49% quality, with the quality assessment and selection requirements set out in the invitation to tender. Electronic submission is allowed.

The requirement suits specialist valuation practices, financial services firms, insurance-sector advisers and other providers with demonstrable expertise in valuing and indexing assets. It may be accessible to small and medium-sized enterprises, as the procurement identifies the opportunity as suitable for SMEs. Strong candidates will be able to interpret asset information, apply appropriate valuation approaches, calculate or maintain indexation, and present clear, auditable outputs for a local authority. The work is likely to favour suppliers with reliable technical processes, sound quality controls and the capacity to manage a complete asset valuation and indexation service. The invitation to tender sets the detailed participation requirements, so bidders should check their evidence and delivery model against it.

How relevant is this notice?

Notice Information

Notice Title

Contract for Valuation and Indexation of Assets

Notice Description

The London Borough of Waltham Forest ('the Council') invites Quotations for the Valuation and Indexation of Assets ('the Contract'). The services are described in Appendix 1 ('Specification'). The Contract shall commence on 01.10.2026 and continue up to and including 30.09.2027. The Council, at its sole discretion, reserves the option to extend the Contract for up to a further 12 months.

Lot Information

Lot 1

Options: Details are specified in the ITT document

Renewal: The Council, at its sole discretion, reserves the option to extend the Contract for up to a further 12 months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06db9f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/073838-2026
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

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

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

Notice Dates

Publication Date
4 Aug 20262 weeks ago
Submission Deadline
31 Aug 20261 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Oct 2026 - 30 Sep 2027 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
London Borough of Waltham Forest
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WALTHAMSTOW
Postcode
E17 4JF
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
Chapel End
Westminster Constituency
Walthamstow

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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