Published date: 14 August 2025

Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.


Closing: 3 October 2025, 5pm

Contract summary

Industry

  • Real estate services - 70000000

Location of contract

London

Value of contract

£1,000,000

Procurement reference

ASS00000057

Published date

14 August 2025

Closing date

3 October 2025

Closing time

5pm

Contract start date

6 November 2025

Contract end date

5 November 2030

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

North London Waste Authority (NLWA) owns an extensive portfolio of land, properties and facilities across north London. For each site within this portfolio, NLWA requires conventional financial valuations to support and underpin its annual financial audits. The valuations must be prepared using rigorous methodologies that reflect current market conditions and adhere to the high standards practised by leading valuation firms.

The successful bidder will be expected to adopt a robust approach that includes comprehensive site inspections, detailed local market research, and thorough comparative analyses. Each valuation should yield audit-ready reports that clearly outline the methodology, key assumptions, market data, and final valuation figures. Additionally, the bidder should demonstrate extensive expertise across a range of property sectors-covering commercial, residential, and rural assets-to ensure that the unique characteristics of each asset within the north London area are fully taken into account. Advanced digital and data-driven techniques should be incorporated to deliver precise, real-time valuations that stand up to the stringent requirements of the annual audit cycle.

For more information about the procurement and the specialist skills required, please refer to the associated tender documents. In particular, prospective bidders must ensure that they have read and fully understood the "Specialist Skills Required" in Schedule 2 of the Invitation to Tender before submitting a proposal. This specifies the mandatory competencies, sectoral expertise and methodological proficiencies against which all bids will be assessed.

Failure to address each criterion set out in this section in its entirety will render a submission non-compliant and ineligible for further consideration. Bidders are strongly advised to familiarise themselves thoroughly with these requirements and to structure their responses so as to demonstrate clear alignment with every aspect of the Authority's evaluation framework.

More information

Links

  • https://www.in-tendhost.co.uk/nlwa/
  • Bidding documents
  • All associated tender documents can be accessed via the above portal, In-Tend. This
    includes, without limitation, the Invitation to Tender and Schedules (including the form of contract) and the Memorandum of Information.

Additional text

The completed and signed Tender should be submitted on or before the Tender deadline via the following portal, In-Tend (www.in-tendhost.co.uk/nlwa/).

Variant bids are not permitted and, if submitted, NLWA reserves the right to reject any such bid.
For more information about submitting the Tender, please refer to the associated tender documents including but not limited to the Invitation to Tender.

How to apply

Follow the instructions given in the description or the more information section.

About the buyer

Address

UNIT 1B, BEROL HOUSE 25 ASHLEY ROAD
LONDON
N17 9LJ
England

Email

generalprocurement@nlwa.gov.uk

Website

https://www.nlwa.gov.uk