Contract for the Provision of Property Valuation Services

Procurement reference

004013

Procurement description

Durham County Council is seeking to appoint a suitably qualified provider to deliver property valuation services in support of the Council's Financial Assistance Policy and Deferred Payment Agreements. The successful provider will be required to undertake internal and external property inspections and provide full independent market valuations in accordance with RICS professional standards, including future-value estimates following improvement works where required. Valuations will be commissioned on an ad-hoc basis, with the provider responsible for liaising with relevant property contacts to arrange access and providing the completed market valuation report to the Council within three weeks of the request.

Main category

Services

Delivery regions

• UKC14 - Durham CC

Total value (estimated, excluding VAT)

40000 GBP to 40000GBP

Contract dates (estimated)

01 May 2027, 00:00AM to 30 April 2028, 23:59PM

Extension end date (if all the extensions are used): 30 April 2029

Durham County Council

Procedure type

Below threshold - open competition

Is the total value above threshold?

Below threshold

CPV classifications

• 70000000 - Real estate services

Delivery regions

• UKC14 - Durham CC

Lot value (estimated)

40000 GBP Excluding VAT

48000 GBP Including VAT

Sustainability

Small and medium-sized enterprises (SME)

Contract start date (estimated)

01 May 2027, 00:00AM

Contract end date (estimated)

30 April 2028, 23:59PM

Extension end date (estimated)

30 April 2029, 23:59PM

Can the contract be extended?

Yes

Description of extensions

The proposed contract is to be let with an option to extend for up to a maximum period of 12 months from the actual end date.

Does the lot include options?

Yes

Description of options

The Council reserves the right to apply inflationary uplifts to the contract value at its sole discretion and will be based upon the availability of funding.

The Council reserves the right to modify the service specification if new legislation and/or guidance published by the Government.

If a successful bidder's contract is terminated, either at the Council's or the provider's discretion, the council has the discretion to approach one or all of the other successful bidders to offer them the opportunity to deliver this contract OR go to market for a new supplier.

Award criteria

Tender submission deadline

07 December 2026, 12:00PM

Enquiry deadline

23 November 2026, 12:00PM

Submission address and any special instructions

Tender submissions must be made electronically through the OPEN procurement portal at www.open-uk.org. Suppliers should locate the opportunity using project reference OPEN-PR-09102026142949795 and submit their completed bid through the portal.

May tenders be submitted electronically?

Yes