Official UK procurement notice
C273/2024/2025 - Testing Land Valuation Methodologies
Authority: Llywodraeth Cymru / Welsh Government (Central government)
What is being bought5 lots · detail below
Published requirement descriptionThe research is intended to focus on practical approaches to undertaking the valuation of land. Consideration of a range of methodologies is necessary, to allow for comparison as well as testing the challenges and outputs. Bidders are invited to make bids within each of the four lot categories described in this document, which reflect the range of established and emerging approaches applied to value land in both international practice and research literature. A fifth lot category offers a 'free' choice of an alternative methodology to be proposed by the bidder. Bidders can bid for 1, more than 1 or all 5 lot categories. A maximum number of the 3 highest placed bidders will be awarded a contract under each of the lots.
- No preliminary market engagement: Not applicable for this requirement.
CPV: Research and development consultancy services · Research services
Lots and requirements (5)Procurement structure
5 lots · all with a published value (£375,000 together) · same evaluation weights on every lotLot #1Market Based Statistical ValuationAwardedPublished value£75,000
Lot 1 aims to test the use of market transaction data alongside statistical techniques to estimate the value of land in Wales at a granular level.
Lot #2Advanced algorithmic and machine-learning applicationsAwardedPublished value£75,000
This lot aims to test the application of advanced automation, supervised and/or unsupervised machine-learning, and/or AI techniques to facilitate the mass appraisal of land in Wales at a granular level.
Lot #3Formula-based valuation by land areaAwardedPublished value£75,000
This lot aims to identify and apply transparent, low-input formulae to approximate a land value by parcel size that can be benchmarked against more complex and costly valuation methods.
Lot #4Conventional valuation approachesAwardedPublished value£75,000
This lot invites the application of well-established approaches used by the valuation profession to land in Wales, with an emphasis on extending expertise to value-built land (i.e. the land underlying commercial and residential spaces).
Lot #5Innovative or experimental approaches (Bidder-defined)AwardedPublished value£75,000
This lot category invites bids that are not otherwise covered in the other categories. We are open to bidder-defined proposals. This may include novel approaches (or innovative combinations), or other existing methods from research or practice.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (5)
- Knowledge of context: 10%
- Research Approach: 30%
- Expertise and Resourcing: 15%
- Project Management: 15%
- Commercial: 30%
Published award criteria (5)
- Knowledge of context
- Research Approach
- Expertise and Resourcing
- Project Management
- Commercial
- Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 25 Jul 2025, 15:53 BST
- Last source update
- 25 Jul 2025, 15:53 BST
- Award evaluation window
- Submission end – 6 Jun 2025
- Authority reference
C273/2024/2025- FTS notice number
2025/S 000-014588- Latest notice
- Contract award notice (UK6)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-050167Find a Tender
How it was run
Official notice- Submission deadline
- 12 May 2025, 14:00 BST
- Clarification deadline
- 6 May 2025, 17:00 BST
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en, cy
Timeline
11 Apr 2025 → 25 Jul 2025 · 7 dates- Tender notice published11 Apr 2025, 12:55 BST
- Clarification questions by6 May 2025, 17:00 BST
- Submission deadline12 May 2025, 14:00 BST
- Award decision expected by6 Jun 2025, 23:59 BST
- Contract starts11 Jun 2025, 00:00 BST
- Assessment summaries sent21 Jul 2025, 00:00 BST
- Latest notice published25 Jul 2025, 15:53 BST
Notice history
3 events · 1 release on Find a Tender · since 11 Apr 2025- Tender notice published11 Apr 2025, 12:55 BSTUK4
- Contract award notice published25 Jul 2025, 15:53 BSTUK6
- Contract signature expected7 Aug 2025, 23:59 BSTscheduled
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Lot 1 · Market Based Statistical Valuation1 award | |||
| ALMA ECONOMICS LIMITEDSME, Bangor University, Kampakis and coSMEjoint award8 Aug 2025 – 31 Mar 2026 | £75,000 | 15 Jul 2025 | Awarded |
| Lot 2 · Advanced algorithmic and machine-learning applications1 award | |||
| ALMA ECONOMICS LIMITEDSME, Bangor University, Kampakis and coSMEjoint award8 Aug 2025 – 31 Mar 2026 | £75,000 | 15 Jul 2025 | Awarded |
| Lot 3 · Formula-based valuation by land area1 award | |||
| Bangor University, Industryline Research Ltd, Kampakis and coSMEjoint award8 Aug 2025 – 31 Mar 2026 | £75,000 | 15 Jul 2025 | Awarded |
| Lot 4 · Conventional valuation approaches1 award | |||
| Axion Solutions LtdSME, Kampakis and coSMEjoint award8 Aug 2025 – 31 Mar 2026 | £75,000 | 15 Jul 2025 | Awarded |
| Lot 5 · Innovative or experimental approaches (Bidder-defined)1 award | |||
| Bangor University, Industryline Research Ltd, Kampakis and coSMEjoint award8 Aug 2025 – 31 Mar 2026 | £75,000 | 15 Jul 2025 | Awarded |
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · Market Based Statistical Valuation | 6final-stage tenders | 4 | 0 | — |
| 2 · Advanced algorithmic and machine-learning applications | 4final-stage tenders | 3 | 0 | — |
| 3 · Formula-based valuation by land area | 6final-stage tenders | 4 | 0 | — |
| 4 · Conventional valuation approaches | 4final-stage tenders | 3 | 0 | — |
| 5 · Innovative or experimental approaches (Bidder-defined) | 6final-stage tenders | 4 | 0 | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
5 commercial parties on the notice- ALMA ECONOMICS LIMITEDAwarded supplier
- AXION SOLUTIONS LTDAwarded supplier
- BANGOR UNIVERSITYAwarded supplier
- INDUSTRYLINE RESEARCH LTDAwarded supplier
- KAMPAKIS AND CO. LTDAwarded supplier
Official documents & specifications (6)
Official links; attachments are not copiedNotices published for this procedure
- Contract award notice Contract award notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Tender notice Tender notice on Find a Tender