WFHA - Direct Award Asset Valuation Consultant -

Linked to Notice Notice identifier: 2025/S 000-017087

Procurement identifier (OCID): ocds-h6vhtk-0507c7

Published 25 April 2025, 2:53pm

• WFHA, is a small independent and not-for-profit Registered Provider (PR), providing social homes across the London Borough of Waltham Forest for over sixty years. WFHA currently owns c350 homes: c150 general needs, c150 sheltered housing and c20 supported housing for adults with learning disabilities.

• In addition, WFHA owns a property used to house young homeless people and this is currently 1 leased to another provider. The Service Provider will be required to undertake a full valuation exercise across all of WFHA assets.

• WFHA Current property assets were last fully valued in 2014, however, partial valuation was carried out in 2018. WFHA full asset requires a revaluation, to ensure that the insurance coverage across the assets is adequate and future proofed. The consultant will be required to carry out this valuation process in an efficient manner without impacting the tenant(s) or any of the properties.

• WFHA want to demonstrate that they are obtaining value for money and are testing the market to ensure that best value is being achieved.

• In order to obtain value for money WFHA is undertaking a competitive quotation process to identify the most suitable, competent and capable valuation consultant. The appointed valuation consultant will be required to lead and undertake a review of WFHA’s full property and wider assets and provide a detailed overview of the valuation at a granular detail.