Contract for the Provision of Property Valuation Services

Durham County Council is seeking a qualified provider to deliver property valuation services to support its Financial Assistance Policy and Deferred Payment Agreements. The scope of work involves conducting internal and external property inspections and providing independent market valuations in accordance with RICS professional standards. The provider is responsible for coordinating access with property contacts and must deliver completed valuation reports within three weeks of a request. Additionally, the provider may be required to provide future-value estimates following property improvement works. The contract is estimated to run from May 1, 2027, to April 30, 2028, with an option to extend for an additional 12 months through April 30, 2029. Award criteria are based on a weighted scoring system where price accounts for 60% and quality accounts for 40% of the evaluation. Small and medium-sized enterprises are identified as particularly suitable for this solicitation. Tenders must be submitted electronically via the OPEN procurement portal by December 7, 2026.