Award

External Valuer for Fixed Asset Valuation of Thornton and Leyland Waste Facilities.

LANCASHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

06 Feb 2026 at 08:37

Summary of the contracting process

The procurement process initiated by Lancashire County Council, located in Preston, aimed to appoint an external valuer for the fixed asset valuation of Thornton and Leyland waste facilities. This tender falls under the services industry category, specifically commercial property management services, and was conducted using a limited competition procurement method, being below the threshold. The procurement stage is currently at 'Award' with the contract permit active from 5th February 2026 to 10th April 2028. The valuation is principally for accounting purposes with a key valuation date set on 31st March 2026.

This tender offers significant opportunities for businesses specialising in asset valuation and commercial property management, particularly those experienced in handling public authority projects. The contract was awarded to Newmark Gerald Eve LLP, a large-scale firm with the requisite expertise and resources. Businesses like Newmark Gerald Eve LLP, who are proficient in delivering comprehensive valuation reports for significant assets, would be well-suited to compete in similar tenders, promoting growth through sustained engagements with public sector clients.

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Notice Title

External Valuer for Fixed Asset Valuation of Thornton and Leyland Waste Facilities.

Notice Description

Provide Fixed Asset Valuations for accounting purposes. Valuation Date is 31 March 2026. One report to cover both sites.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-064997
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010749-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70332200 - Commercial property management services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£59,250 Under £100K

Notice Dates

Publication Date
6 Feb 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
5 Feb 20262 weeks ago
Contract Period
5 Feb 2026 - 10 Apr 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LANCASHIRE COUNTY COUNCIL
Contact Name
Not specified
Contact Email
margaret.wells@lancashire.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
PRESTON
Postcode
PR1 0LD
Post Town
Preston
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD45 Mid Lancashire
Delivery Location
Not specified

Local Authority
Preston
Electoral Ward
City Centre
Westminster Constituency
Preston

Supplier Information

Number of Suppliers
1
Supplier Name

NEWMARK GERALD EVE

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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