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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 Sep 2026 at 16:07

UK4 - Tender Notice
Summary of the contracting process

The London Borough of Waltham Forest is seeking a supplier for valuation and indexation of assets. The work is a professional asset valuation service, involving financial and insurance expertise together with architectural, construction, engineering or inspection-related assessment. The detailed requirements are set out in the Invitation to Tender and specification. Services will be delivered for the Council in Waltham Forest, London, within the United Kingdom. This is a single service requirement rather than a package of separate lots. The opportunity is classified as a service contract and is suitable for small and medium-sized enterprises. It will support the Council’s need to establish and maintain reliable asset values and apply appropriate indexation over the contract period.

The process reached tender: the Council invited quotations through a below-threshold open competition. The deadline for enquiries was 11 September 2026 at 5:00pm, and offers were due by 18 September 2026 at 5:00pm. Electronic submission was allowed through the ProContract portal. The contract is scheduled to run from 5 October 2026 to 30 September 2027, with an option to extend by up to 12 months, to 30 September 2028. The estimated value is £75,000 excluding VAT, or £90,000 including VAT. Offers will be evaluated on price, weighted at 51%, and quality, weighted at 49%. Participation and selection requirements are set out in the Invitation to Tender.

This opportunity suits firms that provide professional valuation and asset indexation services for public-sector or other substantial asset portfolios. Relevant suppliers are likely to combine financial and insurance knowledge with the ability to assess assets connected with buildings, construction, engineering and inspection. The requirement is appropriate for an SME, making it potentially suitable for an independent valuation practice, specialist consultancy or a larger multidisciplinary firm. Businesses should be able to produce defensible valuations, apply indexation consistently and explain their methodology clearly, while meeting the detailed requirements in the Invitation to Tender and specification. The quality weighting means bidders will need to demonstrate a credible service approach as well as competitive pricing. Firms with experience managing structured asset information and delivering repeat valuation advice should find the requirement particularly relevant.

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 between 5-9th October 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 in the ITT and Specification documents.

Renewal: 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 between 5-9th October 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.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06f2a1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/084050-2026
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

71 - Architectural, construction, engineering and inspection services

CPV Codes

66000000 - Financial and insurance services

71000000 - Architectural, construction, engineering and inspection 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 Sep 20261 weeks ago
Submission Deadline
18 Sep 20262 days to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
5 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)

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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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