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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

07 Sep 2026 at 09:00

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 is categorised as financial and insurance services, with an additional architectural, construction, engineering and inspection services classification. The requirement covers the Council’s asset portfolio and is to be delivered in the United Kingdom. The detailed scope is set out in Appendix 1, the Specification. This is a single council requirement rather than a collection of separately described service packages. It may suit firms that provide asset valuation and indexation, including specialists operating across financial, insurance, property, construction, engineering or inspection-related services. The buying organisation is the London Borough of Waltham Forest.

The procurement has reached tender: the Council invited quotations through a below-threshold open competition. Bidders could submit offers electronically, with submissions due by 17:00 on 18 September 2026. Enquiries were accepted until 17:00 on 11 September 2026. The contract is expected to start between 5 and 9 October 2026 and run until 30 September 2027, with an option, at the Council’s discretion, to extend for up to a further 12 months, to 30 September 2028. Its estimated value is £75,000 excluding VAT and £90,000 including VAT. Evaluation is based on price at 51% and quality at 49%, with detailed requirements and selection information in the ITT and Specification documents.

This opportunity is suited to small and medium-sized enterprises, as the procurement identifies the requirement as suitable for SMEs. Relevant suppliers are firms able to undertake asset valuation and indexation for a public-sector client, particularly businesses working in financial and insurance services or in architectural, construction, engineering and inspection services. The commercial fit is strongest for organisations whose routine work combines asset assessment with the application or maintenance of valuation and indexation information. The Invitation to Tender and Specification set out the detailed selection requirements, so bidders will need to demonstrate that they can meet those stated conditions and deliver the specified services. Firms with a clear, credible service offering in this field should assess the ITT requirements carefully.

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-06f301
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/084185-2026
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
7 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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