Award

Fixed Asset Valuations and related advice for accounting and estates management purposes - AWARD

NORFOLK COUNTY COUNCIL

This public procurement record has 4 releases in its history.

AwardUpdate

23 Apr 2026 at 08:37

AwardUpdate

23 Apr 2026 at 08:33

AwardUpdate

23 Apr 2026 at 08:02

Award

23 Apr 2026 at 07:37

Summary of the contracting process

Norfolk County Council has awarded a contract for fixed asset valuations and related advisory services as part of its estates management activities, focusing on corporate accounting and estate management purposes. The contract, valued at £628,190, will commence on 1st May 2026 and conclude on 30th March 2029, covering a range of real estate services under the CPV classification 70000000. The tender process involved a Further Competition through the ESPO framework, specifically Lot 1C - Estates Management Services (Reference: 2700_22). The procurement, initiated through a competitive process, has reached the award stage, and the contract documents were published on 23rd April 2026.

This contract represents a substantial opportunity for businesses specialising in real estate services, specifically those adept at handling valuations for accounting and estate management. Large enterprises with expertise in fixed asset valuations, rent reviews, leases, acquisitions, and disposals will find this contract particularly suitable due to the scale and scope of work required. The contract's three-year period offers a stable timeline for asset valuation services, encouraging sustained business growth for firms capable of delivering high-quality advisory services across diverse geographical locations including the United Kingdom, Europe, and further afield.

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Notice Title

Fixed Asset Valuations and related advice for accounting and estates management purposes - AWARD

Notice Description

The Council has awarded a Contract to provide the following services: Part 1 - Valuations to meet the needs of the corporate accounting team The Council requires fixed asset valuations to accurately report the value of its assets in statutory accounts. They are conducted on a 5-year rolling programme. Ad hoc valuations are also required when a property or use of that property has changed. Part 2 - Ad hoc valuations to support effective estate management activity, predominately for CPT. This includes rent reviews, leases, acquisitions and disposals. The Council undertook a Further Competition through Lot1C of the following ESPO framework: Title: Estates Management Services Reference: 2700_22

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-357c4814-52f8-475e-b5d1-7580acd8fdfe
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c83e5b27-455c-45db-b7de-543e181f94d3
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£628,190 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
23 Apr 20262 days ago
Submission Deadline
31 Dec 2025Expired
Future Notice Date
Not specified
Award Date
1 Apr 20263 weeks ago
Contract Period
30 Apr 2026 - 30 Mar 2029 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NORFOLK COUNTY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NORFOLK
Postcode
NR1 2DH
Post Town
Norwich
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH51 Norwich and East Norfolk
Delivery Location
Not specified

Local Authority
Norwich
Electoral Ward
Lakenham
Westminster Constituency
Norwich South

Supplier Information

Number of Suppliers
1
Supplier Name

WILKS HEAD & EVE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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