Professional Services - Independent Audit of Valuation Model (Welsh Revaluation)
Valuation Office Agency · London
Key facts
- Contract value
- £115,563
- Awarded
- 22 Aug 2023
- Contract starts
- 31 Aug 2023
- Contract ends
- 15 Dec 2023
- Procedure
- Other - (i) Below threshold and (ii) Single Tender Action on this occasion is supported via PCR 2015, Regulation 32(2)(b) on the grounds of (ii) Technical Reasoning, due to VOA's extremely niche requirement
- Buyer type
- Central government
Awarded to
| Supplier | Value |
|---|---|
| International Association of Assessing Officers (Professional Co | £115,563 |
Description
The Welsh Government has commissioned the VOA to carry out a revaluation of all domestic property in Wales.⯠To facilitate this, the VOA has built an Automated Valuation Model (AVM) to value some 1.5 million properties.â¯
The VOA is seeking to appoint an external Supplier, who has experience, and a proven substantial track record, to undertake an independent audit of the AVM to confirm that its performance meets the standards expected by the International Association of Assessing Officers. This purchase is for the services and expertise to provide official accreditation for the performance of the AVM. This activity will be required to be delivered in late Q2 2023-24 / early Q3 2023-24.
Categories (CPV)
- 72000000 IT services: consulting, software development, Internet and support
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