009528 - Valuation of Council Assets
The procurement contact named on the official notice.
Submit via OPEN portal - www.open-uk.org
The submission route named on the official notice.
This is a large award for Business Services — above three-quarters of comparable contracts. Based on 57,319 valued Business Services tenders in our corpus.
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.
What the supplier must deliver
Newcastle City Council (NCC) wish to award
Newcastle City Council (NCC) wish to award a single supply a five-year contract to complete the Asset Valuation Process.
The Code of Practice on Local Authority
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.
Derived from the notice text — always confirm against the original documents.
What it takes to bid this
Typical UK bid effort for the £100k–£1m band — an estimate, not a quote.
Qualify & bid/no-bid ~10% · SQ / PQQ ~20% · Written response ~55% · Review & presentation ~15%
Typical for this category — confirm against the ITT pack
- Hold at bidProfessional indemnity insurance
- Show at bidNamed engagement team with CVs
- Show at bidComparable references / case studies
- Hold at bidFinancial standing (accounts, often ~2× contract value turnover)
- Hold at bidInsurance cover (PL / EL, often PI)
- Show at bidSocial value commitments
Hold at bid = pass/fail conditions of participation. Show at bid = scored in the quality response. Plan for delivery = contract obligations from day one.
Make the case to bid
Reveal who to approach at Newcastle City Council, and generate a go-to-market strategy from their news, accounts and people.
The full intelligence dossier
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- OCID
- ocds-h6vhtk-06c6fc
- Stage
- tender · Open
- Source
- Find a Tender
- Buyer ref
- 066053-2026
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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