The Provision of Property Valuation Services

Procurement reference

DBW00065.01

Procurement description

The Development Bank of Wales (“DBW”) is undertaking preliminary market engagement to inform a future procurement for RICS valuation services across Wales with a particular focus on improving supplier access in Mid and North Wales and enhancing delivery to vulnerable customers. This Request for Information (RFI) seeks engagement from suppliers who provide these services.

This RFI seeks engagement from suppliers with the aim of improving supplier participation, simplify the procurement process and ensure effective service delivery.

Main category

Services

Delivery regions

• UKL - Wales

Total value (estimated)

333333.00 GBP Excluding VAT

400000.00 GBP Including VAT

Contract dates (estimated)

01 May 2027, 00:00AM to 30 May 2029, 23:59PM

Extension end date (if all the extensions are used): 30 May 2032

Development Bank of Wales

Is the total value above threshold?

Above threshold

CPV classifications

• 70330000 - Property management services of real estate on a fee or contract basis

Delivery regions

• UKL - Wales

Sustainability

Small and medium-sized enterprises (SME)

Contract start date (estimated)

01 May 2027, 00:00AM

Contract end date (estimated)

30 May 2029, 23:59PM

Extension end date (estimated)

30 May 2032, 23:59PM

Can the contract be extended?

Yes

Engagement process description

Suppliers are to register their interest. Once registered, a Request for Information document will be sent containing further information in relation to this PME notice.

Due date

07 August 2026, 23:59PM

Has the engagement period already ended?

No

Publication date of tender notice (estimated)

01 April 2027