Professional Services - Independent Audit of Valuation Model (Welsh Revaluation)

Contract summary

Industry

• IT services: consulting, software development, Internet and support - 72000000

Location of contract

United Kingdom

Value of contract

£115,563

Procurement reference

VOA/2023/033

Published date

4 September 2023

Closing date

7 August 2023

Closing time

12pm

Contract start date

1 September 2023

Contract end date

15 December 2023

Contract type

Service contract

Procedure type

Other: (i) Below threshold and (ii) Single Tender Action on this occasion is supported via PCR 2015, Regulation 32(2)(b) on the grounds of (ii) Technical Reasoning, due to VOA's extremely niche requirement

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

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Description

The Welsh Government has commissioned the VOA to carry out a revaluation of all domestic property in Wales.  To facilitate this, the VOA has built an Automated Valuation Model (AVM) to value some 1.5 million properties. 

The VOA is seeking to appoint an external Supplier, who has experience, and a proven substantial track record, to undertake an independent audit of the AVM to confirm that its performance meets the standards expected by the International Association of Assessing Officers. This purchase is for the services and expertise to provide official accreditation for the performance of the AVM.
This activity will be required to be delivered in late Q2 2023-24 / early Q3 2023-24.

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More information

Attachments

• VOA Model Ts & Cs IAAO Redacted.pdf
• Signed contract

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Award information

Awarded date

23 August 2023

Contract start date

1 September 2023

Contract end date

15 December 2023

Total value of contract

£115,563

This contract was awarded to 1 supplier.

International Association of Assessing Officers (Professional Co

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About the buyer

Contact name

Bruce Thomson

Address

10 South Colonnade
LONDON
E144PU
England

Telephone

03000501624

Email

bruce.thomson@voa.gov.uk