Scope
Reference
ASS00000057
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.
Total value (estimated)
- £1,000,000 excluding VAT
- £1,200,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 6 November 2025 to 5 November 2030
- Possible extension to 5 November 2035
- 10 years
Description of possible extension:
NLWA may give notice at any time before the expiry of the contract to extend the contract period upon the same terms for a further period of up to five (5) years on one (1) separate occasion.
Main procurement category
Services
CPV classifications
- 70000000 - Real estate services
Contract locations
- UKI43 - Haringey and Islington
Participation
Particular suitability
Small and medium-sized enterprises (SME)
Submission
Enquiry deadline
19 September 2025, 5:00pm
Tender submission deadline
3 October 2025, 5:00pm
Submission address and any special instructions
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.
Tenders may be submitted electronically
Yes
Languages that may be used for submission
English
Award decision date (estimated)
24 October 2025
Award criteria
| Name | Type | Weighting |
|---|---|---|
| Quality | Quality | 60% |
| Price | Price | 40% |
Other information
Applicable trade agreements
- Government Procurement Agreement (GPA)
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Open procedure
Documents
Associated tender documents
https://www.in-tendhost.co.uk/nlwa/
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.
Contracting authority
North London Waste Authority
- Public Procurement Organisation Number: PLWY-6753-VWMZ
Unit 1b Berol House
Tottenham Hale
N17 9LJ
United Kingdom
Region: UKI43 - Haringey and Islington
Organisation type: Public authority - sub-central government