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The 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.
| Supplier | Identifier | Award Value | Lots Won | Cross-References |
|---|---|---|---|---|
| ALMA ECONOMICS LIMITED | 09391354 | £150,000 | 2 lots Market Based Statistical Valuation · Advanced algorithmic and machine-learning applications | - |
| AXION SOLUTIONS LTD | 15823734 | £75,000 | 1 lot Conventional valuation approaches | - |
| BANGOR UNIVERSITY | Charity Commission: 1141565 Companies House: RC000036 | £300,000 | 4 lots Market Based Statistical Valuation · Advanced algorithmic and machine-learning applications · Formula-based valuation by land area · Innovative or experimental approaches (Bidder-defined) | - |
| INDUSTRYLINE RESEARCH LTD | 14461249 | £150,000 | 2 lots Formula-based valuation by land area · Innovative or experimental approaches (Bidder-defined) | - |
| KAMPAKIS AND CO. LTD | 10459791 | ~£375,000 estimated from lot values | 5 lots Market Based Statistical Valuation · Advanced algorithmic and machine-learning applications · Formula-based valuation by land area · Conventional valuation approaches · Innovative or experimental approaches (Bidder-defined) | - |
This procurement was divided into 5 lots, each awarded separately. 26 bids were received in total.
| Lot | Value | Bids Received | Awarded To | Status |
|---|---|---|---|---|
| Lot 1 Market Based Statistical Valuation Jun 2025 – Feb 2026 | £75,000 | 6 | active | |
| Lot 2 Advanced algorithmic and machine-learning applications Jun 2025 – Feb 2026 | £75,000 | 4 | active | |
| Lot 3 Formula-based valuation by land area Jun 2025 – Feb 2026 | £75,000 | 6 | active | |
| Lot 4 Conventional valuation approaches Jun 2025 – Feb 2026 | £75,000 | 4 | active | |
| Lot 5 Innovative or experimental approaches (Bidder-defined) Jun 2025 – Feb 2026 | £75,000 | 6 | active |
Government spending data: These suppliers have received £6,410,756 in 172 payments (over £25k) from DCMS, Department for Education, Welsh Government, MHCLG, Cabinet Office and 10 more public bodies (2018-03-02 to 2026-06-26).