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Tenfell
Awarded contract
Published 16 Sep 2026

009528 - Valuation of Council Assets

Newcastle City Council · North East

Key facts

Contract value
£228,581
Awarded
15 Sep 2026
Contract starts
30 Sep 2026
Contract ends
30 Sep 2031
Procedure
Open procedure
Buyer type
Local government

Awarded to

SupplierValue
Capita Plc£228,581

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.

Categories (CPV)

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