---
title: "C273/2024/2025 - Testing Land Valuation Methodologies"
ocid: "ocds-h6vhtk-050167"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-050167"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-050167.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-050167.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "WELSH GOVERNMENT"
published: "2025-07-25"
---

# C273/2024/2025 - Testing Land Valuation Methodologies

Buyer: WELSH GOVERNMENT  
Current stage: Award  
OCID: ocds-h6vhtk-050167

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## Summary

The Welsh Government has awarded a contract titled "C273/2024/2025 - Testing Land Valuation Methodologies", focusing on practical approaches to land valuation. This procurement, led by the central government authority, sought bids through an open procedure and encompasses a range of research and development services. The process was initiated in Cardiff, Wales, and culminated with awards distributed across five distinct lot categories. The tender submission closed on 12th May 2025, and the contracts were awarded on 15th July 2025. The contract period extends from 8th August 2025 to 31st March 2026. This project forms part of the services category, targeting the development and application of land valuation methodologies within an international research framework.

This tender presents substantial growth opportunities for businesses involved in research, development, and consultancy services, particularly those focusing on land valuation and related methodologies. SMEs, such as ALMA ECONOMICS LIMITED and KAMPAKIS AND CO. LTD, exemplify the type of enterprises well-suited for such projects, given their capacity for innovative and tailored methodological approaches. The procurement's structure, inviting exploration of traditional and emerging valuation techniques, encourages diverse participation, promoting versatility and innovation. This fosters potential business expansion for firms specialising in market-based statistical analyses, machine learning, and conventional or experimental valuation approaches, leveraging unique expertise and innovative solutions within the UK market.

## Notice

The research is intended to focus on practical approaches to undertaking the valuation of land. Consideration of a range of methodologies is necessary, to allow for comparison as well as testing the challenges and outputs. Bidders are invited to make bids within each of the four lot categories described in this document, which reflect the range of established and emerging approaches applied to value land in both international practice and research literature. A fifth lot category offers a 'free' choice of an alternative methodology to be proposed by the bidder. Bidders can bid for 1, more than 1 or all 5 lot categories. A maximum number of the 3 highest placed bidders will be awarded a contract under each of the lots.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/043249-2025 |
| Notice type | UK6 - Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large, SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Jul 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 14 Jul 2025 |
| Contract period | 7 Aug 2025 - 31 Mar 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £75,000 |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WELSH GOVERNMENT |
| Locality | CARDIFF |
| Post town | Cardiff |
| Postcode | CF10 3NQ |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL5 South East Wales |
| ITL 3 | TLL52 Cardiff and Vale of Glamorgan |
| Local authority | Cardiff |
| Electoral ward | Cathays |
| Westminster constituency | Cardiff South and Penarth |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 5 |
| Supplier names | ALMA ECONOMICS; AXION SOLUTIONS; BANGOR UNIVERSITY; INDUSTRYLINE RESEARCH; KAMPAKIS AND |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73000000 - Research and development services and related consultancy services
- 73400000 - Research and Development services on security and defence materials

## Release History

- 25 Jul 2025 at 14:53 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/043249-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/043249-2025
  25th July 2025 - Contract award notice on Find a Tender

## Notice URLs

- http://www.IndustrylineReasearch.co.uk
- http://www.axionsolutionsltd.com
- https://my.bangor.ac.uk/
- https://tesseract.academy/
- https://www.almaeconomics.com/
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-h6vhtk-050167. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-050167.json.