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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 16:14

UK4 - Tender Notice
Summary of the contracting process

The London Borough of Waltham Forest is procuring professional services to value and index its assets. The work is intended to provide reliable asset valuations and maintain those valuations through indexation, as described in the specification. It sits across financial and insurance services and property, construction, engineering and inspection-related work. The requirement covers delivery in the United Kingdom. There is one service lot, and the contracting authority is a London local council. This opportunity will suit organisations that provide asset valuation and indexation services, particularly where their work spans financial assessment and the valuation or inspection of built assets. The specification and tender documents define the detailed service requirements.

The procurement has reached tender: the council invited quotations through a below-threshold open competition. Bids were to be submitted electronically through the ProContract portal by 18 September 2026 at 17:00, with enquiries accepted until 11 September 2026 at 17:00. The contract is scheduled to start between 5 and 9 October 2026 and run 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 and £90,000 including VAT. Price carries 51% of the evaluation and quality 49%. Detailed selection requirements are set out in the invitation to tender.

This opportunity suits small and medium-sized enterprises, as the lot is identified as suitable for SMEs. It is relevant to firms with practical expertise in valuing assets and applying appropriate indices over the life of an asset register or portfolio. Businesses combining financial valuation capability with knowledge of property, construction, engineering or inspection may be well placed, particularly where they can assess built or infrastructure-related assets accurately. The work also suits suppliers able to produce clear, defensible valuation outputs and maintain them consistently through indexation. The invitation to tender and specification set the detailed selection requirements, so prospective bidders should ensure their technical approach, quality evidence and service delivery capacity address those documents.

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-06f2a7
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/084060-2026
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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