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    ContractsAsset Valuation Services Contract
    Closed contract

    Asset Valuation Services Contract

    Contract value
    £600k
    Closed 3 Aug 2026

    Newcastle City Council seeks a five-year asset valuation services provider to conduct annual rolling valuations of council assets in compliance with UK accounting standards.

    🇬🇧United Kingdom· North EastPublished 9 Jul 2026· 1 months agoviaFind a Tender
    Contract value
    £600k
    Closed 3 Aug 2026
    Tender deadline passed on 3 Aug 2026.

    Decision brief

    4 fields
    • Contract value
      est.£600,000
      Pounds sterling
    • Tender closed
      3 Aug 2026
      1 weeks ago
    • Sector
      Professional Services
      Browse related listings
    • Location
      🇬🇧United Kingdom
      North East

    Lifecycle

    Closed

    Tender closed on 3 Aug 2026. Awaiting award.

    9 Jul 2026Today3 Aug 2026

    Brief

    Newcastle City Council is seeking a qualified service provider to deliver a five-year asset valuation contract. The work involves conducting annual valuations of council assets on a rotating basis, with a percentage of the total asset portfolio valued each year. This engagement requires compliance with the Code of Practice on Local Authority Accounting in the United Kingdom, ensuring that reliable and accurate valuations are recorded in the council's balance sheet. The successful supplier will work closely with the Chief Finance Officer to establish appropriate valuation methodologies and maintain comprehensive valuation processes. This is a single-award supply contract suitable for experienced valuation firms with expertise in local authority asset management and accounting standards.

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    Take action
    View on sourceFind a Tender

    Original closed notice on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    find-tender.service.gov.uk
    Record ID
    ocds-h6vhtk-06c6fc
    NC
    Buyer
    NEWCASTLE CITY COUNCIL
    Sector
    Professional Services