RFP QuestBeta
OpenStage · tender 21 days to close

Newcastle City Council

009528 - Valuation of Council Assets

Business ServicesCPV 79419000
Value£600k
Deadline3 Aug 2026
Published9 Jul 2026
RegionNationwide
Timeline
Published 9 Jul 202621 days leftCloses 3 Aug 2026
Who to contact
corporate.procurement.team@newcastle.gov.uk

The procurement contact named on the official notice.

Contract value in context
£600ktotal contract value
median £66k
this tender£0£1.6m

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.

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The brief

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.

Key requirements

What the supplier must deliver

01

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.

02

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.

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Source & provenance
OCID
ocds-h6vhtk-06c6fc
Stage
tender · Open
Source
Find a Tender
Buyer ref
064482-2026
View the original notice on Find a Tender

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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