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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 16:52

UK4 - Tender Notice
Summary of the contracting process

The London Borough of Waltham Forest is seeking professional services for the valuation and indexation of its assets. The work combines financial and insurance-related services with property, construction, engineering and inspection expertise. It is intended to support the Council in establishing and maintaining reliable asset valuations and applying appropriate indexation. Delivery is for the Council in Waltham Forest, London, with the contracting authority based at Waltham Forest Town Hall in Walthamstow. The requirement is categorised as a services contract and covers one lot. It may suit firms that provide asset valuation and indexation services, particularly those able to work across public-sector asset portfolios and related built-environment information. Small and medium-sized enterprises are identified as suitable suppliers for this opportunity.

The procurement has reached tender: the Council invited quotations through a below-threshold open competition. Enquiries were due by 11 September 2026 at 17:00, and tender submissions were due by 18 September 2026 at 17:00. The contract is scheduled to start on 5 October 2026 and run until 30 September 2027, with an option to extend for up to 12 months, to 30 September 2028. Its estimated value is £75,000 excluding VAT, or £90,000 including VAT. Bids are evaluated on price at 51% and quality at 49%. Electronic submission is allowed through the ProContract portal, and the invitation to tender and specification set out the detailed selection requirements and options.

This opportunity is commercially relevant to specialist valuation practices, asset-management consultancies and firms combining financial, property, construction, engineering or inspection capability. The core requirement is expertise in valuing assets and applying indexation, so suppliers should be able to produce defensible valuation work and maintain consistent methodologies across a public authority’s asset portfolio. Experience handling information from the built environment may be useful where assets involve property, construction or engineering considerations. The Council has identified the opportunity as suitable for small and medium-sized enterprises, making it potentially accessible to established specialist firms as well as larger multidisciplinary providers. The quality-led element of the evaluation means bidders will need to demonstrate a credible service approach alongside competitive pricing, with the detailed requirements set out in the invitation to tender and specification.

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-06f2d3
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/084115-2026
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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