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

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.