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Tenfell
Closed tender
Published 14 Jul 2026

009528 - Valuation of Council Assets

Newcastle City Council · North East

Key facts

Estimated value
£600,000
Closing date
10 Aug 2026
Contract ends
31 Aug 2031
Procedure
Open procedure
Buyer type
Local government

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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