Closed tender

009528 - Valuation of Council Assets

Details

Value
£600,000
Topic
Real estate services
Published
9 July 2026
Submission
10 August 2026

Tender description

Newcastle City Council (NCC) wish to award a single supply a five-year contract to complete the Asset Valuation Process. This is to be carried on an annual basis with a percentage of the assets valued each year. The Code of Practice on Local Authority Accounting in the United Kingdom (The Code) states that to ensure that reliable valuations are contained in the balance sheet, the Chief Finance Officer and the valuer need to follow a process to determine the basis of valuation.

Timeline

  1. Completed: Tender published9 July 2026
    Current notice
  2. Completed: Submission date10 August 2026

About the buyer

Newcastle City Council is the local authority for the city of Newcastle, and runs commissioning and procurement as a single service serving the whole council.

The NEPO Supplier Partnership Programme offers free bid-writing training to local organisations.

Over the past 5 years, most of Newcastle City Council's contract awards have been in construction work, IT services and health and social work.

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Decision makers

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