---
title: "WFHA - Asset Valuation Consultant"
ocid: "ocds-h6vhtk-0561f3"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0561f3"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0561f3.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0561f3.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "WALTHAM FOREST HOUSING ASSOCIATION"
published: "2025-08-05"
---

# WFHA - Asset Valuation Consultant

Buyer: WALTHAM FOREST HOUSING ASSOCIATION  
Current stage: Award  
OCID: ocds-h6vhtk-0561f3

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## Summary

The latest procurement process, initiated by the Waltham Forest Housing Association (WFHA), involved the appointment of a consulting firm for an asset valuation project. The procurement was specifically for the role of Asset Valuation Consultant, aimed at ensuring the financial accuracy of WFHA's social housing assets, across the London Borough of Waltham Forest. The housing association, a long-established provider of social housing, seeks to re-evaluate its assets to update insurance coverage. The contract was awarded to Norse Consulting Group Ltd (NCGL), and it runs for a year from 5th August 2025 to 4th August 2026, with an overall gross value of £35,400. The procurement method employed was 'direct', aimed at small-scale businesses, classified under business services: law, marketing, consulting, recruitment, printing, and security, within the United Kingdom.

This tender presents significant opportunities for SMEs specialising in property valuation and consultancy services. Given the nature of the service, businesses with expertise in asset valuation for social housing schemes could leverage their niche skills to engage with public undertakings. This contract not only strengthens business partnerships but also enhances these firms' portfolios by associating with reputable public agencies. Such contracts can lead to future opportunities in similar sectors, offering scalability and networking potential for businesses looking to expand their footprint in the real estate consultancy market.

## Notice

WFHA, is a small independent and not-for-profit Registered Provider (PR), providing social homes across the London Borough of Waltham Forest for over sixty years. WFHA currently owns c350 homes: c150 general needs, c150 sheltered housing and c20 supported housing for adults with learning disabilities. * In addition, WFHA owns a property used to house young homeless people and this is currently 1 leased to another provider. The Service Provider will be required to undertake a full valuation exercise across all of WFHA assets. * WFHA Current property assets were last fully valued in 2014, however, partial valuation was carried out in 2018. WFHA full asset requires a revaluation, to ensure that the insurance coverage across the assets is adequate and future proofed. The consultant will be required to carry out this valuation process in an efficient manner without impacting the tenant(s) or any of the properties. * The majority are occupied; however, the portfolio does contain some voids and occupancy can change at any point. * Over the course of a typical year the property portfolio will fluctuate potentially 10%. * The previous value of the portfolio was detailed as circa PS60m with insurance estimates of circa PS75m. Full details will be provided to the appointed bidder along with other relevant supporting information upon receipt of the completed confidentiality agreement.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/045932-2025 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Below threshold - without competition |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Aug 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 17 Jul 2025 |
| Contract period | 4 Aug 2025 - 4 Aug 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £29,500 |
| Contracts value | £29,500 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WALTHAM FOREST HOUSING ASSOCIATION |
| Additional buyers | ALTAIR CONSULTANCY AND ADVISORY SERVICES LTD |
| Locality | LONDON |
| Post town | East London |
| Postcode | E17 3RU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI44 Lewisham and Southwark |
| Local authority | Southwark |
| Electoral ward | North Bermondsey |
| Westminster constituency | Bermondsey and Old Southwark |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | NORSE CONSULTING GROUP LTD (NCGL |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

## Release History

- 5 Aug 2025 at 07:37 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/045932-2025
- 23 Jul 2025 at 07:34 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/042222-2025
- 18 Jul 2025 at 09:52 - Award - UK5 - Transparency Notice - https://www.find-tender.service.gov.uk/Notice/041218-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/045932-2025
  5th August 2025 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/042222-2025
  23rd July 2025 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/041218-2025
  18th July 2025 - Transparency notice on Find a Tender

## Notice URLs

- https://www.find-tender.service.gov.uk/api/1.0/ocdsReleasePackages/ocds-h6vhtk-05084d
- 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-0561f3. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0561f3.json.