---
title: "P5219A Professional Valuation Service (Asset Valuation Rating)"
ocid: "ocds-b5fd17-919f77e4-a1d4-4365-8ebf-0657a22eca54"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-919f77e4-a1d4-4365-8ebf-0657a22eca54"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-919f77e4-a1d4-4365-8ebf-0657a22eca54.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-919f77e4-a1d4-4365-8ebf-0657a22eca54.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "TOWER HAMLETS"
published: "2017-06-20"
---

# P5219A Professional Valuation Service (Asset Valuation Rating)

Buyer: TOWER HAMLETS  
Current stage: Tender  
OCID: ocds-b5fd17-919f77e4-a1d4-4365-8ebf-0657a22eca54

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## Summary

The London Borough of Tower Hamlets (LBTH) is currently seeking expressions of interest for the tender titled "P5219A Professional Valuation Service (Asset Valuation Rating)." This procurement falls under the real estate services industry category and is taking place in London, England. The tender is in the planning stage, with the application deadline set for 19 July 2017. The estimated contract value ranges from £360,000 to £480,000, with an anticipated contract start date of 1 October 2017, lasting for an initial period of 60 months, with an option for a 12-month extension.

This tender presents a significant opportunity for businesses specialising in professional valuation services, particularly those that are RICS accredited. Companies that can deliver annual asset valuations, insurance valuations, and rating advice would be well-suited to participate. Small and medium-sized enterprises (SMEs) are encouraged to apply, potentially benefiting from increased exposure and contracts within the public sector. Engaging with this opportunity could facilitate business growth for organisations looking to expand their client base in the public procurement landscape.

## Notice

Professional Valuation Services - Asset Valuations, Insurance Valuations & Rating The London Borough of Tower Hamlets (LBTH) is seeking expressions of interest from interested organisations for the above services. Description: The Council wishes to appoint a suitably qualified company to 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. The anticipated contract start date is: Sunday, 01 October 2017 The estimated value of the contract is: PS360,000 - PS480,000 Total Cost For a period of: 60 months + 12 month extension Organisations wishing to express their interest are requested to register on the London Tenders Portal (www.londontenders.org) where the tender documentation will be available for download. You may be required to complete a Selection Questionnaire (SQ). Organisations must ensure that access to the system is available to their representatives dealing with the contract. The council will not be liable for the lack of delegated access within the organisation and will not send any documentation regarding the contract, which shall be exclusively available through the portal. Tenderers are responsible for allowing sufficient time to submit their ITT/SQ. The Council accepts no liability whatsoever for ITT/SQs that are not submitted due to internet connectivity issues, transmission delays or errors.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/74b63d70-1427-4564-88fb-5804fac4cdf3 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Jun 2017 |
| Submission deadline | 19 Jul 2017 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 30 Sep 2017 - 30 Sep 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £480,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70000000 - Real estate services

## Release History

- 20 Jun 2017 at 08:37 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/74b63d70-1427-4564-88fb-5804fac4cdf3

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/74b63d70-1427-4564-88fb-5804fac4cdf3
  20th June 2017 - Opportunity notice on Contracts Finder

## Notice URLs

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

## 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-b5fd17-919f77e4-a1d4-4365-8ebf-0657a22eca54. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-919f77e4-a1d4-4365-8ebf-0657a22eca54.json.
