---
title: "Professional Valuation Services - Asset Valuation Rating (Reference P5219A)"
ocid: "ocds-b5fd17-6c8e411b-5822-4cb0-a585-61ba8d865a01"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6c8e411b-5822-4cb0-a585-61ba8d865a01"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6c8e411b-5822-4cb0-a585-61ba8d865a01.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-6c8e411b-5822-4cb0-a585-61ba8d865a01.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "TOWER HAMLETS"
published: "2017-10-03"
---

# Professional Valuation Services - Asset Valuation Rating (Reference P5219A)

Buyer: TOWER HAMLETS  
Current stage: Award  
OCID: ocds-b5fd17-6c8e411b-5822-4cb0-a585-61ba8d865a01

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## Summary

Tower Hamlets, located in London, is seeking professional valuation services for its corporate property and housing estate, highlighted in the tender titled "Professional Valuation Services - Asset Valuation Rating (Reference P5219A)." This procurement falls under the real estate services industry category and was conducted through an open procedure, now in the Award stage. The contract, awarded on 3rd October 2017, has an estimated value of £480,000 and will extend from 1st November 2017 to 31st October 2023. The tender had a deadline for submissions on 17th July 2017.

This opportunity presents a significant potential for business growth, particularly for RICS accredited firms experienced in asset valuations, reinstatement valuations for insurance purposes, and rating advice. Businesses in the real estate services sector looking to expand their portfolio or enhance their service offerings may find this contract appealing. The successful supplier, Wilks Head & Eve LLP, exemplifies the type of established firm that might compete in this technically specialised field.

## Notice

Provide professional valuation services across its corporate property & housing estate. The contracts require RICS accredited firms to provide a range of services including annual asset valuations (general fund and HRA), re-instatement valuations for insurance purposes and rating advice relating to the 2017 list.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a8ec550a-4c52-44fb-941b-330d3d73ccb1 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Oct 2017 |
| Submission deadline | 17 Jul 2017 |
| Future notice date | Not specified |
| Award date | 2 Oct 2017 |
| Contract period | 1 Nov 2017 - 31 Oct 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £360,000 |
| Lots value | Not specified |
| Awards value | £480,000 |
| 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 | TOWER HAMLETS |
| Locality | LONDON |
| Post town | East London |
| Postcode | E14 2BG |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Poplar |
| Westminster constituency | Poplar and Limehouse |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | WILKS HEAD & EVE |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70000000 - Real estate services

## Release History

- 3 Oct 2017 at 09:58 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/a8ec550a-4c52-44fb-941b-330d3d73ccb1

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/a8ec550a-4c52-44fb-941b-330d3d73ccb1
  3rd October 2017 - Awarded contract notice on Contracts Finder
- https://procontract.due-north.com/Advert?advertId=bc5952be-d254-e711-80e3-005056b64545
  Advert

## Notice URLs

- http://www.towerhamlets.gov.uk

## Provenance

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