Housing Stock Asset Valuation
Milton Keynes City Council
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Key details
Procurement
- 70100000 Real estate services with own property
- 70330000 Property management services of real estate on a fee or contract basis
- 70331000 Residential property services
What happened
Milton Keynes City Council awarded this contract to Align Property Partners on 26 Feb 2026. The contract runs until 1 Mar 2031.
Description
Milton Keynes City Council is a unitary authority responsible for delivering a full range of local services, including education, social care, planning, housing, and highways. The Council manages its housing stock within the Housing Revenue Account (HRA), which is subject to annual revaluation in line with Chartered Institute of Public Finance and Accountancy (CIPFA) requirements to ensure accurate reporting in the Council’s financial statements.
As of 31 March 2025, the housing stock comprises approximately 12,453 properties. Accurate valuation of these assets is essential for compliance and financial integrity.
The Council is seeking to appoint a suitably qualified Valuer to undertake the annual valuation of its housing stock. The appointed valuer will be required to:
- Nominate a Project Manager to act as the principal point of contact throughout the contract.
- Deliver the services outlined in the Service Specification.
- Advise the Client Officer on any additional information required to complete the valuation process.
Awarded supplier
Contact
Identifiers
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View all →External ID: fts-ocds-h6vhtk-060246 • Added 6 August 2026