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SCVA Valuation

UNIVERSITY OF EAST ANGLIA

This public procurement record has 5 releases in its history.

Award

24 Mar 2026 at 14:38

UK7 - Contract Details Notice
Award

03 Feb 2026 at 14:39

UK6 - Contract Award Notice
TenderUpdate

01 Dec 2025 at 15:28

UK4 - Tender Notice
Tender

01 Dec 2025 at 15:03

UK4 - Tender Notice
Planning

10 Oct 2025 at 13:54

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

The procurement process involving the University of East Anglia focuses on the valuation of the Sainsbury Centre's art collection. This initiative aims to assess the financial value of the collection comprehensively, catering to accounting standards and insurance requirements. The procurement, identified as PURCON 5063 SCVA Valuation, follows an open procedure and is set in the region of UKH15, United Kingdom. The project has completed its tender stage and the contract award has been successfully made to Coram James Limited, with activities scheduled between 1st March and 31st July 2026. The legal framework guiding the procurement includes compliance with UK legislation 2023/54, ensuring adherence to public sector regulations.

This tender opens avenues for business expansion through specialised services in financial auditing, specifically targeting museum asset valuation. With a budgeted contract amount of £138,000, SMEs like Coram James Limited can leverage their expertise in auditing services to deliver value. Enterprises with proficiency in financial audits and insurance assessments, particularly those experienced in handling art collections, are well-suited for similar opportunities. The project not only supports growth for auditing firms but also establishes a collaborative framework where effective coordination with public institutions like the University of East Anglia is essential for successful delivery.

How relevant is this notice?

Notice Information

Notice Title

SCVA Valuation

Notice Description

The University of East Anglia (UEA) is seeking to understand the current financial value of the Sainsbury Centre (SCVA) collection in its entirety. The collection has not been comprehensively valued since 2004, and it is believed that an increasing discrepancy has emerged between the actual market value of the assets and the values presented in the University's annual financial statements. A new valuation is required to support compliance with relevant accounting standards, meet the needs of the University's financial auditors, and ensure appropriate insurance coverage.

Planning Information

questionnaire published linked to this notice. Please register and login to the University's Intend tendering portal to access the questionnaire. https://in-tendhost.co.uk/universityofeastanglia/aspx/Home

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05acc5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/026874-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79212000 - Auditing services

79212100 - Financial auditing services

Notice Value(s)

Tender Value
£250,000 £100K-£500K
Lots Value
£250,000 £100K-£500K
Awards Value
£138,000 £100K-£500K
Contracts Value
£138,000 £100K-£500K

Notice Dates

Publication Date
24 Mar 20265 months ago
Submission Deadline
7 Jan 2026Expired
Future Notice Date
1 Nov 2025Expired
Award Date
3 Feb 20266 months ago
Contract Period
10 Mar 2026 - 31 Jul 2026 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF EAST ANGLIA
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NORWICH
Postcode
NR4 7TJ
Postcode Area
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
TLH15 Norwich and East Norfolk
Local Authority
Norwich
Electoral Ward
University
Westminster Constituency
Norwich South

Supplier Information

Number of Suppliers
1
Supplier Name

CORAM JAMES LIMITED

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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