--- title: "Professional Valuation Services - Right to Buy Valuations, Residential Acquisitions & General Valuation Advice (Reference P5219B)" ocid: "ocds-b5fd17-bb4ce2ed-0979-4645-a32b-05d833d8f38b" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-bb4ce2ed-0979-4645-a32b-05d833d8f38b" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-bb4ce2ed-0979-4645-a32b-05d833d8f38b.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-bb4ce2ed-0979-4645-a32b-05d833d8f38b.json" source: "Contracts Finder" current_stage: "Tender" buyer: "TOWER HAMLETS" published: "2017-07-06" --- # Professional Valuation Services - Right to Buy Valuations, Residential Acquisitions & General Valuation Advice (Reference P5219B) Buyer: TOWER HAMLETS Current stage: Tender OCID: ocds-b5fd17-bb4ce2ed-0979-4645-a32b-05d833d8f38b [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-bb4ce2ed-0979-4645-a32b-05d833d8f38b) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-bb4ce2ed-0979-4645-a32b-05d833d8f38b.json) ## Summary The London Borough of Tower Hamlets is actively seeking qualified organisations to provide Professional Valuation Services, specifically for Right to Buy Valuations, Residential Acquisitions, and General Valuation Advice, under reference P5219B. This procurement is currently in the tender stage, with submissions due by 4th August 2017. The estimated total contract value is £1,100,000, and it is structured in three lots. The anticipated contract start date is 2nd October 2017, and the contract will last for a period of 48 months, extending until 30th September 2021. The relevant industry category is real estate services, with delivery addresses covering various locations, including the United Kingdom and British Overseas Territories. This tender presents an excellent opportunity for small and medium-sized enterprises (SMEs) specialising in real estate services to expand their business by collaborating with the London Borough of Tower Hamlets. Firms that hold RICS accreditation and have experience in property valuations, acquisition advice, and general real estate consultancy would be particularly well-suited to compete for the contracts available in each lot. Engaging in this procurement process could lead to significant growth and long-term contracts for successful bidders, enhancing their portfolio with a reputable public sector client. ## Notice Contract Title: Professional Valuation Services - Right to Buy Valuations, Residential Acquisitions & General Valuation Advice (Ref:P5219B) 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 suitably qualified organisations to provide professional valuation services across its corporate property & housing estate. The contracts require RICS accredited firms to provide a range of services including right to buy valuations, residential acquisition services & general valuation advice and services. The Contract and tender has been separated into three distinct "lots" as follows:- * Lot 1 Right to Buy Valuations * Lot 2 Residential Acquisition Advice * Lot 3 General Advice & Support Two suppliers will be appointed to Lot 1. The anticipated contract start date is: Monday, 02 October 2017 The estimated value of the contract is: Lot 1 Right to Buy Valuations PS300,000 Total Cost Lot 2 Residential Acquisition Advice PS400,000 - PS540,000 Total Cost Lot 3 General Advice & Support PS400,000 - PS600,000 Total Cost For a period of: 48 months ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b9e1898f-d2a9-43fe-bfe3-ffdf2adc409a | | 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 | 6 Jul 2017 | | Submission deadline | 11 Aug 2017 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 30 Sep 2017 - 30 Sep 2021 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £1,100,000 | | 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 - 6 Jul 2017 at 14:57 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/b9e1898f-d2a9-43fe-bfe3-ffdf2adc409a - 6 Jul 2017 at 12:28 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/b9e1898f-d2a9-43fe-bfe3-ffdf2adc409a ## Documents - https://www.contractsfinder.service.gov.uk/Notice/b9e1898f-d2a9-43fe-bfe3-ffdf2adc409a 6th July 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-bb4ce2ed-0979-4645-a32b-05d833d8f38b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-bb4ce2ed-0979-4645-a32b-05d833d8f38b.json.