CPU 8129 - Right to Buy Valuation Framework

Nottingham City Council is seeking a qualified and experienced agency to establish a framework for conducting Right to Buy valuations on properties for tenants applying through the Right to Buy scheme. The contract, identified as CPU 8129, has an estimated total value of 297,000 GBP excluding VAT. The initial performance period is set for two years, running from December 14, 2026, to December 13, 2028, with the possibility of two one-year extensions at the authority's discretion, potentially extending the term to December 13, 2030. The procurement is particularly suitable for small and medium-sized enterprises as well as voluntary, community, and social enterprises. The award will be determined by a weighted scoring system evaluating quality, price, and social value, with fee proposals based on a price per valuation model where houses carry a 30 percent weighting. Tenderers must submit their proposals in English via the designated electronic portal by November 5, 2026. Prospective providers should be aware that the contract may require organizational and contractual adaptations due to potential Local Government Reorganisation in Nottingham and Nottinghamshire, which could lead to changes in governance, boundaries, and service delivery arrangements.