Awarded contract

CWC26088 - Asset Valuation for Other Land and Building & Investment Properties

Details

Value
£125,000
Duration
5 years
Topic
Accounting, auditing and fiscal services
Published
19 October 2026

Tender description

The Council is required to undertake periodic valuations of its land and building assets to support the preparation of the Statement of Accounts and ensure compliance with the CIPFA Code of Practice on Local Authority Accounting and relevant accounting standards. The valuation programme covers a significant portfolio of operational and non-operational assets and provides the fair value and existing use value information required for financial reporting, capital strategy decision-making and asset management purposes.

Timeline

  1. Completed: Award published19 October 2026
    Current notice
  2. Completed: Award date19 October 2026
  3. Next: Contract expiry date18 October 2031in 5 years

About the buyer

Wolverhampton City Council is a local authority that runs its own corporate procurement function covering goods and services for the city. Many requirements are sourced through existing frameworks, where suppliers have already pre-competed, rather than run as fresh competitions.

Projects due for retender within the next three years appear in a rolling procurement pipeline.

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

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Decision makers

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