This public procurement record has 2 releases in its history.

TenderUpdate

14 Jul 2026 at 10:18

Tender

09 Jul 2026 at 08:38

Summary of the contracting process

Newcastle City Council is seeking to award a five-year contract for the "Valuation of Council Assets" through an open procurement process. The tender, under the ID 009528, pertains to categories such as real estate services, accounting, and evaluation consultancy services. This procedure is at the tender stage, with submission deadlines extended to 10th August 2026 for tender submissions and 3rd August 2026 for enquiries. The valuation process will take place across multiple regions in the United Kingdom, including Newcastle and covers service delivery to regions like UKC, UKD, UKE, UKF, UKG, UKH, UKI, UKJ, and UKK.

This tender presents significant opportunities for businesses proficient in real estate, accounting, auditing, and consultancy services to establish long-term partnerships with a public sector authority. Small and medium enterprises (SMEs) are encouraged to compete, as the contract emphasises a balanced evaluation of quality and price, with a 40% quality and 60% price criteria. A contract of this scope, valued at £600,000 excluding VAT, offers a stable source of revenue over the duration of the contract, potentially aiding business growth and establishing a reputable track record in public sector engagements.

How relevant is this notice?

Notice Title

009528 - Valuation of Council Assets

Notice 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.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06c6fc
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/066053-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

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


CPV Codes

70000000 - Real estate services

79200000 - Accounting, auditing and fiscal services

79419000 - Evaluation consultancy services

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
£600,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jul 2026Yesterday
Submission Deadline
10 Aug 20264 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Aug 2026 - 31 Aug 2031 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NEWCASTLE CITY 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
NEWCASTLE UPON TYNE
Postcode
NE1 8QH
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England)

Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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