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26/27 - STH ASSET VALUATION SERVICES

Sheffield Teaching Hospitals NHS Foundation Trust

This public procurement record has 1 release in its history.

Award

26 Mar 2026 at 10:51

UK6 - Contract Award Notice
Summary of the contracting process

The procurement process for the "26/27 – STH Asset Valuation Services" contract, initiated by Sheffield Teaching Hospitals NHS Foundation Trust, is focused on delivering valuation services for assets effective from 1 April 2026. This procurement, categorised under real estate services, is located in Sheffield, United Kingdom, specifically within the region UKE32. The procurement strategy was direct and conducted below the threshold without competition, with Cushman & Wakefield Plc being awarded the contract on 25 March 2026. The contract period starts on 1 April 2026 and ends on 31 March 2027. The award notice was published on 26 March 2026.

This tender presents significant business growth opportunities, particularly for large-scale enterprises specialising in real estate services. Sheffield Teaching Hospitals NHS Foundation Trust, a central government public authority, provides a chance for companies with expertise in asset valuation and commercial insurance valuation to expand their operations. The call-off basis for ad-hoc in-year valuations linked to new build and refurbishment projects allows businesses to demonstrate flexibility and capability in both planning and execution, making it ideal for firms adept at handling substantial, ongoing contracts. The direct procurement method streamlines the process and reduces the competitive barriers, appealing to select companies equipped with the necessary scale and resources to meet the valuation demands within the specified timeframe.

How relevant is this notice?

Notice Information

Notice Title

26/27 - STH ASSET VALUATION SERVICES

Notice Description

Valuation services as at 1 April 2026, ad-hoc in-year valuations on practical completion of new build and refurbishment projects on a call-off basis, right of use valuations and reinstatement cost assessment services (commercial insurance valuation) as at 31 March 2026 as outlined in C&W Services Schedules and quote.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0674c2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/027776-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

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
£66,950 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Mar 20266 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
25 Mar 20266 months ago
Contract Period
1 Apr 2026 - 31 Mar 2027 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Sheffield Teaching Hospitals NHS Foundation Trust
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SHEFFIELD
Postcode
S10 2JF
Postcode Area
Sheffield
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
Not specified
Local Authority
Sheffield
Electoral Ward
Broomhill and Sharrow Vale
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

Cushman & Wakefield

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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