Tender

Housing Stock Asset Valuation

  • Milton Keynes City Council

UK4: Tender notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2026/S 000-001631

Procurement identifier (OCID): ocds-h6vhtk-060246

Published 8 January 2026, 5:05pm



Scope

Reference

2025-319

Description

Milton Keynes City Council is a unitary authority responsible for delivering a full range of local services, including education, social care, planning, housing, and highways. The Council manages its housing stock within the Housing Revenue Account (HRA), which is subject to annual revaluation in line with Chartered Institute of Public Finance and Accountancy (CIPFA) requirements to ensure accurate reporting in the Council's financial statements.

As of 31 March 2025, the housing stock comprises approximately 12,453 properties. Accurate valuation of these assets is essential for compliance and financial integrity.

The Council is seeking to appoint a suitably qualified Valuer to undertake the annual valuation of its housing stock. The appointed valuer will be required to:

• Nominate a Project Manager to act as the principal point of contact throughout the contract.

• Deliver the services outlined in the Service Specification.

• Advise the Client Officer on any additional information required to complete the valuation process.

Total value (estimated)

  • £70,000 excluding VAT
  • £84,000 including VAT

Below the relevant threshold

Contract dates (estimated)

  • 2 March 2026 to 1 March 2031
  • 5 years

Main procurement category

Services

CPV classifications

  • 70100000 - Real estate services with own property
  • 70330000 - Property management services of real estate on a fee or contract basis
  • 70331000 - Residential property services

Contract locations

  • UKJ12 - Milton Keynes

Submission

Enquiry deadline

22 January 2026, 11:59pm

Tender submission deadline

29 January 2026, 12:00pm

Submission address and any special instructions

Tenders may be submitted electronically

Yes


Award criteria

Award criteria to be found in the Invitation to Tender document within a tender pack.


Procedure

Procedure type

Below threshold - open competition


Contracting authority

Milton Keynes City Council

  • Public Procurement Organisation Number: PLDZ-6131-PWZH

Civic Offices, 1 Saxon Gate East

Milton Keynes

MK9 3EJ

United Kingdom

Region: UKJ12 - Milton Keynes

Organisation type: Public authority - sub-central government