---
title: "WHC- Asset Valuation - AWARD"
ocid: "ocds-b5fd17-0bec38bb-d7a4-41d0-b4e8-e87b414f176e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-0bec38bb-d7a4-41d0-b4e8-e87b414f176e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-0bec38bb-d7a4-41d0-b4e8-e87b414f176e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-0bec38bb-d7a4-41d0-b4e8-e87b414f176e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WELWYN HATFIELD BOROUGH COUNCIL"
published: "2025-03-14"
---

# WHC- Asset Valuation - AWARD

Buyer: WELWYN HATFIELD BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-0bec38bb-d7a4-41d0-b4e8-e87b414f176e

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## Summary

Welwyn Hatfield Borough Council has concluded the procurement process for asset valuation services, targeting the financial consultancy industry. The contract, titled "WHC- Asset Valuation - AWARD", involves the evaluation of council assets and is divided into two Lots: General Fund and Housing Revenue Account (HRA). The procurement utilised an open procedure and the award was announced on 14th March 2025. The project is set to commence on 1st October 2024 and will run until 30th April 2029, taking place in East of England, United Kingdom, with key dates including the tender period ending on 16th August 2024.

This tender provides a significant opportunity for businesses in the financial consultancy sector to engage in long-term asset valuation services. Companies with expertise in financial consultancy, particularly those accustomed to working with local government assets, are well-suited for this contract. The procurement process encouraged competition by allowing bids for one or both Lots, making it accessible for specialised firms as well as larger entities capable of handling multiple streams. Lambert Smith Hampton Group Ltd and Wilks Head & Eve LLP have been awarded the contract, highlighting their strong positions in the industry.

## Notice

Welwyn Hatfield Borough Council is seeking a suitably qualified and experienced company(ies) to undertake valuation of the council's assets. The contract is split into two Lots (General Fund - Lot 1 and the Housing Revenue Account (HRA) - Lot 2). Bidders may bid for either or both of the Lots. The Lots will be assessed independently of each other and be awarded to the bidder that scores the highest against the evaluation criteria.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f969caca-e751-47f7-bcfb-8f83923b3b12 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 14 Mar 2025 |
| Submission deadline | 16 Aug 2024 |
| Future notice date | Not specified |
| Award date | 14 Mar 2025 |
| Contract period | 30 Sep 2024 - 30 Apr 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £150,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WELWYN HATFIELD BOROUGH COUNCIL |
| Locality | HERTS |
| Post town | St Albans |
| Postcode | AL8 6AE |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH2 Bedfordshire and Hertfordshire |
| ITL 3 | TLH26 North and East Hertfordshire |
| Local authority | Welwyn Hatfield |
| Electoral ward | Handside |
| Westminster constituency | Welwyn Hatfield |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | LAMBERT SMITH HAMPTON GROUP; WILKS HEAD & EVE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 14 Mar 2025 at 09:44 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/f969caca-e751-47f7-bcfb-8f83923b3b12

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/f969caca-e751-47f7-bcfb-8f83923b3b12
  14th March 2025 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-0bec38bb-d7a4-41d0-b4e8-e87b414f176e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-0bec38bb-d7a4-41d0-b4e8-e87b414f176e.json.