Provision of Conventional Property and Land Valuations services to North London Waste Authority

Descriptions

North London Waste Authority (NLWA) owns an extensive portfolio of land, properties and facilities across north London. For each site within this portfolio, NLWA requires conventional financial valuations to support and underpin its annual financial audits. The valuations must be prepared using rigorous methodologies that reflect current market conditions and adhere to the high standards practised by leading valuation firms. The successful bidder will be expected to adopt a robust approach that includes comprehensive site inspections, detailed local market research, and thorough comparative analyses. Each valuation should yield audit-ready reports that clearly outline the methodology, key assumptions, market data, and final valuation figures. Additionally, the bidder should demonstrate extensive expertise across a range of property sectors-covering commercial, residential, and rural assets-to ensure that the unique characteristics of each asset within the north London area are fully taken into account. Advanced digital and data-driven techniques should be incorporated to deliver precise, real-time valuations that stand up to the stringent requirements of the annual audit cycle. For more information about the procurement and the specialist skills required, please refer to the associated tender documents. In particular, prospective bidders must ensure that they have read and fully understood the "Specialist Skills Required" in Schedule 2 of the Invitation to Tender before submitting a proposal. This specifies the mandatory competencies, sectoral expertise and methodological proficiencies against which all bids will be assessed. Failure to address each criterion set out in this section in its entirety will render a submission non-compliant and ineligible for further consideration. Bidders are strongly advised to familiarise themselves thoroughly with these requirements and to structure their responses so as to demonstrate clear alignment with every aspect of the Authority's evaluation framework.