--- title: "Valuer services and Surveyor Services" ocid: "ocds-kuma6s-147751" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-147751" markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-147751.md" json_url: "https://d3tenders.com/contract/ocds-kuma6s-147751.json" source: "Sell2Wales" current_stage: "Planning" buyer: "DEVELOPMENT BANK OF WALES" published: "2025-01-30" --- # Valuer services and Surveyor Services Buyer: DEVELOPMENT BANK OF WALES Current stage: Planning OCID: ocds-kuma6s-147751 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-kuma6s-147751) [Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-147751.json) ## Summary The Development Bank of Wales has initiated the planning stage for a tender titled "Valuer Services and Surveyor Services," focusing on the services industry category. The contracting authority aims to support property developers and investors in Wales through secured lending products. The procurement process is in the planning stage and will involve a detailed due diligence procedure. The Development Bank of Wales, wholly owned by the Welsh Government, is located in Wrexham, Wales, and operates across multiple offices in Wales, with a significant impact on the Welsh economy, having supported thousands of businesses and jobs. This tender represents a significant opportunity for professional valuation and surveying firms capable of providing independent, professional valuation and feasibility reports following RICS global standards. Businesses that are well-suited to compete for this contract should have multiple partners/directors, hold the necessary qualifications and experience, and maintain adequate professional indemnity insurance. Engaging in this tender can lead to long-term collaboration and growth opportunities within the property development sector in Wales. ## Notice Valuer GuidanceOverviewThe Development Bank of Wales ("DBW") provides a range of secured lending products that support thefunding needs of property developers and investors in Wales; e.g. to help purchase, enhance and developproperties.A key part of DBW's due diligence for each deal is an independent, professional valuation of the propertiesconcerned. The related valuation report must comply with the prevailing RICS global standards and beundertaken by a professional valuation firm that:1. Comprises multiple partners/directors;2. Holds the requisite qualifications and experience to comply with RICS standards in undertakingthe instruction;3. Maintains a sufficient level of professional indemnity insurance that satisfies both the minimumrequirements of their professional body and DBW's specific requirements in respect of anyindividual deal; and4. Satisfies DBW's mandatory exclusion questions set out in the Supplier Questionnaire, as updatedfrom time to timeFeasibility and Monitoring Surveyor GuidanceOverviewThe Development Bank of Wales ("DBW") provides a range of secured lending products that support thefunding needs of property developers in Wales.A key part of DBW's initial due diligence for each deal is an independent, professional feasibility reportassessing the key elements of the development project; advising whether these are deemed realistic andachievable. For deals that progress, DBW then requires ongoing, independent monitoring of the project(typically via monthly interim reports) to certify on-site expenditure and confirm whether the project costs,timescales, quality and compliance matters remain on track.All related reports must comply with the prevailing industry standards and be undertaken by aprofessional surveying firm that:1. Comprises multiple partners/directors;2. Holds the requisite qualifications and experience to undertake the instruction;3. Maintains a sufficient level of professional indemnity insurance that satisfies both the minimumrequirements of their professional body and DBW's specific requirements in respect of anyindividual deal; and4. Satisfies DBW's mandatory exclusion questions set out in the Supplier Questionnaire, as updatedfrom time to time.NOTE: To register your interest in this notice and obtain any additional information please visit the Sell2Wales Web Site at https://www.sell2wales.gov.wales/Search/Search_Switch.aspx?ID=147751. ## Key Details | Field | Value | | --- | --- | | Publication source | Sell2Wales | | Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=147751 | | Notice type | S2W Notice - Website Prior Information Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 30 Jan 2025 | | Submission deadline | Not specified | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Not specified | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | DEVELOPMENT BANK OF WALES | | Locality | WREXHAM | | Post town | Not specified | | Postcode | LL1 37Y | | Country | Not specified | | ITL 1 | Not specified | | ITL 2 | Not specified | | ITL 3 | Not specified | | Local authority | Not specified | | Electoral ward | Not specified | | Westminster constituency | Not specified | | Delivery location | Not specified | ## CPV Codes ### Divisions - 71 - Architectural, construction, engineering and inspection services ### Codes - 71530000 - Construction consultancy services ## Release History - 30 Jan 2025 at 14:12 - Planning - S2W Notice - Website Prior Information Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=147751 ## Notice URLs - http://.developmentbank.wales - https://developmentbank.wales/For - https://www.sell2wales.gov.wales/Search/Search_Switch.aspx?ID=147751 ## 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-147751. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-147751.json.