Professional Services - Independent Audit of Valuation Model (Welsh Revaluation)

A Contract Award Notice
by VALUATION OFFICE AGENCY

Source
Contracts Finder
Type
Contract (Services)
Duration
3.5 month
Value
£116K
Sector
TECHNOLOGY
Published
04 Sep 2023
Delivery
01 Sep 2023 to 15 Dec 2023
Deadline
07 Aug 2023 11:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

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. 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.

Award Detail

1 International Association of Assessing Officers Professional (Kansas City)
  • Value: £115,563

CPV Codes

  • 72000000 - IT services: consulting, software development, Internet and support

Other Information

VOA Model Ts & Cs IAAO Redacted.pdf

Reference

Domains