Tender: Housing Revenue Account RICS-Accredited Valuation and Advisory Services
Released about 2 months ago
About
The Council, with Wolverhampton Homes acting on its behalf, is seeking RICS-accredited suppliers to provide timely, independent valuation and related advisory services to support Housing Revenue Account (HRA) activity including acquisitions, disposals, lease negotiations, estate regeneration support and Right to Buy (RtB) valuations. Valuations must be undertaken by individuals accredited by the Royal Institution of Chartered Surveyors (RICS) to comply with the Council’s Constitution and the Local Government Act 1972, Section 123, and to ensure best consideration and value for money. The procurement aims to appoint up to two contracts, potentially two RICS-accredited providers, who will act on behalf of the Council or Wolverhampton Homes to deliver timely, cost-effective valuation services in full compliance with procurement regulations.
This opportunity is suitable for RICS-accredited valuation firms or individual surveyors experienced in HRA transactions, acquisitions, disposals, lease work, estate regeneration and Right to Buy valuations. Key considerations include meeting strict RICS accreditation requirements, demonstrating capacity, resilience and service quality to provide timely valuations, and ensuring compliance with the Council’s Constitution, the Local Government Act 1972 Section 123 and procurement regulations to deliver best consideration and value for money.
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