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Published 4 Aug 2026, 15:56 BST

Official UK procurement notice

Contract for Valuation and Indexation of Assets

Official notice

Authority: London Borough of Waltham Forest (Local council)

ServicesBelow threshold - open competitionBelow thresholdSME suitable
Sectors: Financial and insurance services (66) Delivery: UK
Published estimate£75,000≈ £75k / year · £90,000 inc. VAT
Submissions closed 31 Aug 2026
Contract term 1 yrends 30 Sept 2027 · up to 30 Sept 2028 with extensions · starts 1 Oct 2026

What is being bought

Published requirement description

The London Borough of Waltham Forest (‘the Council’) invites Quotations for the Valuation and Indexation of Assets (‘the Contract’). The services are described in Appendix 1 (‘Specification’). The Contract shall commence on 01.10.2026 and continue up to and including 30.09.2027. The Council, at its sole discretion, reserves the option to extend the Contract for up to a further 12 months.

CPV: Financial and insurance services

The lotProcurement structure

single lot · value published
Lot #1Renewal 1 yrSMEPublished value£75,000
Contract period: 1 Oct 2026 – 30 Sept 2027 (1 yr) · up to 30 Sept 2028 with extensionsValue: £75,000 exc. VAT · £90,000 inc. VAT
Delivery: UKEligibility: SME eligible
Extensions: Details are specified in the ITT document · The Council, at its sole discretion, reserves the option to extend the Contract for up to a further 12 months.
66000000 Financial and insurance services
Pre-qualification & selection criteria (PQQ)1
  • Condition of participation

    Details are specified in the ITT

    document

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 49%Price: 51%
Published award criteria (2)
  • Price: 51% grand total price - as stated on the ITT
  • Quality: 49% Quality as per the ITT
Conditions of participation1
  • Condition of participation

    Details are specified in the ITT

    document

What this means for your bid
  • Price carries 51 of 100 points: a 10% discount moves about 5.1 points. This one is won on the number: sharpen the price before polishing the prose.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Below threshold - open competition
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Closed
Procurement threshold
Below threshold
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
4 Aug 2026, 15:56 BST
Last source update
4 Aug 2026, 15:56 BST
Authority reference
DN824687
FTS notice number
2026/S 000-073838
Latest notice
Tender notice (UK4)
Classification (CPV)
Financial and insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-06db9f Find a Tender

How it was run

Official notice
Run through: ProContract (Due North) · Who buys & how to bid on ProContract
Supplier login requiredElectronic submission allowed
Access & registration note: Free · short registration with manual review; public opportunity list
Submission deadline
31 Aug 2026, 17:00 BST
Clarification deadline
19 Aug 2026, 17:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Detailed submission instructions & authority contactsFrom official release

procontract.due-north.com/Login/ ↗

Timeline

4 Aug 2026 → 1 Oct 2026 · 4 dates
  1. Tender notice published85 days ago
    4 Aug 2026, 15:56 BST
  2. Clarification questions by70 days ago
    19 Aug 2026, 17:00 BST
  3. Submission deadline58 days ago
    31 Aug 2026, 17:00 BST
  4. Contract starts27 days ago
    1 Oct 2026, 00:00 BST

Notice history

1 event · 1 release on Find a Tender
  1. Tender notice published
    4 Aug 2026, 15:56 BST
    UK4

Contracting authority & participating public bodies

London Borough of Waltham Forest

Contracting authorityPublic authority - sub-central government GB-PPON: PPJN-6757-NZZZ Room 100, Waltham Forest Town Hall, Walthamstow, London, E17 4JFContact name, email, phone

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

Notices published for this procedure

  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender