Planning

Valuer services and Surveyor Services

DEVELOPMENT BANK OF WALES

This public procurement record has 1 release in its history.

Planning

27 Feb 2026 at 15:56

S2W Notice - Website Prior Information Notice
Summary of the contracting process

The Development Bank of Wales is initiating a procurement process for "Valuer Services and Surveyor Services" aimed at supporting property developers and investors within Wales. This procurement falls within the services category, specifically construction consultancy services, and is currently in the planning stage. The bank operates as a subsidiary of the Welsh Government, having significantly impacted the Welsh economy by investing £778m and supporting 41,700 jobs. Businesses interested in this procurement should refer to the annual report for 2023-24 for detailed insights. Located in Wrexham, Wales, with offices across Wales, the Development Bank of Wales offers substantial opportunities for growth through its expanding services and funds under management. Key contact for this process is Leanne Millard, with a due diligence procedure in place as part of supplier selection.

This tender is a significant opportunity for firms with experience in delivering professional valuation and surveying services, especially those adhering to RICS global standards. Businesses that can demonstrate a high level of expertise, qualifications, and sufficient professional indemnity insurance are well-positioned to compete for this contract. The requirements include independent valuations and feasibility reports, critical for aiding the economic development in Wales. Additional opportunities exist for ongoing monitoring of development projects, providing further business growth prospects for firms with the capability to offer consistent, high-quality consultancy services. Companies with multiple partners or directors, capable of handling complex property valuations and consultancy work in compliance with industry standards, are particularly encouraged to consider this tender.

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Notice Information

Notice Title

Valuer services and Surveyor Services

Notice Description

Valuer GuidanceOverviewThe Development Bank of Wales ("DBW") provides a range of secured lending products that support thefunding needs of property developers and investors in Wales; e.g. to help purchase, enhance and developproperties.A key part of DBW's due diligence for each deal is an independent, professional valuation of the propertiesconcerned. The related valuation report must comply with the prevailing RICS global standards and beundertaken by a professional valuation firm that:1. Comprises multiple partners/directors;2. Holds the requisite qualifications and experience to comply with RICS standards in undertakingthe instruction;3. Maintains a sufficient level of professional indemnity insurance that satisfies both the minimumrequirements of their professional body and DBW's specific requirements in respect of anyindividual deal; and4. Satisfies DBW's mandatory exclusion questions set out in the Supplier Questionnaire, as updatedfrom time to timeFeasibility and Monitoring Surveyor GuidanceOverviewThe Development Bank of Wales ("DBW") provides a range of secured lending products that support thefunding needs of property developers in Wales.A key part of DBW's initial due diligence for each deal is an independent, professional feasibility reportassessing the key elements of the development project; advising whether these are deemed realistic andachievable. For deals that progress, DBW then requires ongoing, independent monitoring of the project(typically via monthly interim reports) to certify on-site expenditure and confirm whether the project costs,timescales, quality and compliance matters remain on track.All related reports must comply with the prevailing industry standards and be undertaken by aprofessional surveying firm that:1. Comprises multiple partners/directors;2. Holds the requisite qualifications and experience to undertake the instruction;3. Maintains a sufficient level of professional indemnity insurance that satisfies both the minimumrequirements of their professional body and DBW's specific requirements in respect of anyindividual deal; and4. Satisfies DBW's mandatory exclusion questions set out in the Supplier Questionnaire, as updatedfrom time to time.NOTE: To register your interest in this notice and obtain any additional information please visit the Sell2Wales Web Site at https://www.sell2wales.gov.wales/Search/Search_Switch.aspx?ID=162216.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-kuma6s-162216
Publication Source
Sell2Wales
Latest Notice
https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=162216
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
S2W Notice - Website Prior Information Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

CPV Codes

71530000 - Construction consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
27 Feb 20262 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Not Specified
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEVELOPMENT BANK OF WALES
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WREXHAM
Postcode
LL1 37Y
Post Town
Not specified
Country
Not specified
Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified
Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Further Information

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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