--- title: "The Provision of Valuation Services to The Development Bank of Wales Group" ocid: "ocds-kuma6s-137594" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-137594" markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-137594.md" json_url: "https://d3tenders.com/contract/ocds-kuma6s-137594.json" source: "Sell2Wales" current_stage: "Award" buyer: "DEVELOPMENT BANK OF WALES" published: "2024-06-21" --- # The Provision of Valuation Services to The Development Bank of Wales Group Buyer: DEVELOPMENT BANK OF WALES Current stage: Award OCID: ocds-kuma6s-137594 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-kuma6s-137594) [Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-137594.json) ## Summary The Development Bank of Wales has completed a procurement process for the provision of valuation services. The tender was advertised via Sell2Wales under the Open Procedure of the Public Contracts Regulations 2015. The procurement involved appointing a RICs accredited panel for valuation services across Wales. The main procurement category was services, and the tender encompassed three geographical Lots covering different schemes. Key locations included West Wales, Mid and North Wales, and South East Wales. The tender had an open procedure, and there were specific criteria for suppliers to meet, such as being RICS accredited. This tender by the Development Bank of Wales offers significant business growth opportunities for RICs accredited suppliers in the valuation services sector. Businesses well-suited to compete are those with experience in providing valuation services and understanding the specific requirements outlined in the invitation to tender. The tender's focus on Wales, particularly in the Help to Buy Wales Scheme, Help to Stay Wales, Leaseholder Support Scheme, and Self Build Wales Scheme, presents a niche market for suppliers interested in these sectors. The procurement process has created avenues for SMEs to participate and potentially secure contracts for providing services in these geographical Lots. Participation in this tender aligns with the Development Bank of Wales' aim to engage qualified and competent suppliers to support its operations. ## Notice Following publication of Prior Information Notice FTS-20230801 on 1st August 2023, DBW is carrying out a procurement advertised in Find a Tender Service (FTS), via Sell2Wales, under the Open Procedure of the Public Contracts Regulations 2015 to procure a RICs accredited panel for valuation services. Full details of the services is set out at Section 3 of the Invitation to Tender. ### Lot Information South East Wales The purpose of this tender is to appoint a number of suitably qualified Suppliers to each of three (3) geographical Lots across Wales to provide services in relation to the Help to Buy Wales Scheme, the Help to Stay Wales, the Leaseholder Support Scheme and the Self Build Wales Scheme. DBW will appoint up to a maximum of four (4) suppliers to this lot which will be operated on a rota basis. Renewal: The contract will be for an initial term of two (2) years with the option to extend for up to three extensions of twenty four (24) months each. Mid and North Wales The purpose of this tender is to appoint a number of suitably qualified Suppliers to each of three (3) geographical Lots across Wales to provide services in relation to the Help to Buy Wales Scheme, the Help to Stay Wales, the Leaseholder Support Scheme and the Self Build Wales Scheme. DBW will appoint up to a maximum of two (2) suppliers to this lot which will be operated on a rota basis. Renewal: The contract will be for an initial term of two (2) years with the option to extend for a further three (3) extensions of twenty four (24) months each. West Wales The purpose of this tender is to appoint a number of suitably qualified Suppliers to each of three (3) geographical Lots across Wales to provide services in relation to the Help to Buy Wales Scheme, the Help to Stay Wales, the Leaseholder Support Scheme and the Self Build Wales Scheme. DBW will appoint up to a maximum of two (2) suppliers to this lot which will be operated on a rota basis. Renewal: The contract will be for an initial term of two (2) years with the option to extend for up to three (3) extensions of twenty four (24) months each. ## Key Details | Field | Value | | --- | --- | | Publication source | Sell2Wales | | Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=137594 | | Notice type | OJEU - F3 - Contract Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | SME | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 21 Jun 2024 | | Submission deadline | 9 Feb 2024 | | Future notice date | Not specified | | Award date | 4 Apr 2005 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £400,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £133,333 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | DEVELOPMENT BANK OF WALES | | Locality | CARDIFF | | Post town | Cardiff | | Postcode | CF10 4BZ | | 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 | Butetown | | Westminster constituency | Cardiff South and Penarth | | Delivery location | TLL1 West Wales and The Valleys, TLL11 Isle of Anglesey, TLL12 Gwynedd, TLL13 Conwy and Denbighshire, TLL17 Bridgend and Neath Port Talbot, TLL22 Cardiff and Vale of Glamorgan, TLL24 Powys | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 4 | | Supplier names | ASTLEYS; BRINSONS; MICHAEL GRAHAM YOUNG; REES RICHARDS & PARTNERS | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70331000 - Residential property services ## Release History - 21 Jun 2024 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=137594 - 8 Feb 2024 at 00:00 - TenderUpdate - OJEU - F14 - Corrigendum - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=137594 - 22 Dec 2023 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=137594 ## Documents - https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=DEC461655 The Provision of Valuation Services to The Development Bank of Wales Group - Following publication of Prior Information Notice FTS-20230801 on 1st August 2023, DBW is carrying out a procurement advertised in Find a Tender Service (FTS), via Sell2Wales, under the Open Procedure of the Public Contracts Regulations 2015 to procure a RICs accredited panel for valuation services. Full details of the services is set out at Section 3 of the Invitation to Tender. - https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=JUN481917 The Provision of Valuation Services to The Development Bank of Wales Group - Following publication of Prior Information Notice FTS-20230801 on 1st August 2023, DBW is carrying out a procurement advertised in Find a Tender Service (FTS), via Sell2Wales, under the Open Procedure of the Public Contracts Regulations 2015 to procure a RICs accredited panel for valuation services. Full details of the services is set out at Section 3 of the Invitation to Tender. ## Notice URLs - https://api.sell2wales.gov.wales/v1?lang=cy/Notice?id=ocds-kuma6s-137594 - https://etenderwales.bravosolution.co.uk - https://etenderwales.bravosolution.co.uk/web/login.shtml - https://www.developmentbank.wales ## 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-kuma6s-137594. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-137594.json.