Closed tender

SCVA Valuation

Details

Value
£250,000
Topic
Financial auditing services
Published
1 December 2025
Submission
7 January 2026

Tender description

The University of East Anglia (UEA) is seeking to understand the current financial value of the Sainsbury Centre (SCVA) collection in its entirety. The collection has not been comprehensively valued since 2004, and it is believed that an increasing discrepancy has emerged between the actual market value of the assets and the values presented in the University's annual financial statements. A new valuation is required to support compliance with relevant accounting standards, meet the needs of the University's financial auditors, and ensure appropriate insurance coverage.

Timeline

  1. Completed: Tender published1 December 2025
    Current notice
  2. Completed: Submission date7 January 2026

About the buyer

University of East Anglia is a higher education institution in Norwich and a public contracting authority bound by UK procurement law. A dedicated procurement team buys goods, services and works across the university. Local businesses, SMEs, specialist providers, sole traders and international suppliers all compete for contracts, spanning construction, facilities management, scientific equipment and marketing consultancy. The procurement team also posts live opportunities on its own LinkedIn page.

Over the past 5 years, most of University of East Anglia's contract awards have been in business services, software and information systems and IT services.

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