---
title: "CWC26088 - Asset Valuation for Other Land and Building & Investment Properties"
ocid: "ocds-b5fd17-5f409304-76dd-4b5c-b3da-26280448220b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-5f409304-76dd-4b5c-b3da-26280448220b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-5f409304-76dd-4b5c-b3da-26280448220b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-5f409304-76dd-4b5c-b3da-26280448220b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "Wolverhampton City Council"
published: "2026-10-19"
---

# CWC26088 - Asset Valuation for Other Land and Building & Investment Properties

Buyer: Wolverhampton City Council  
Current stage: Award  
OCID: ocds-b5fd17-5f409304-76dd-4b5c-b3da-26280448220b

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## Summary

Wolverhampton City Council commissioned periodic valuations of its operational and non-operational land and buildings, including investment properties. The work provides fair value and existing use value assessments for the Council’s financial reporting, capital strategy decisions and asset management. It supports preparation of the Council’s Statement of Accounts and compliance with local authority accounting requirements. This is a property valuation service, rather than a purchase of buildings or construction work, delivered for the Council’s asset portfolio in Wolverhampton, England.

The procurement is complete and was awarded to Wilks Head and Eve LLP. The Council made the award on 16 October 2026. The award value is £125,000, with a contract period from 19 October 2026 to 18 October 2031. The requirement was procured by direct award. The published procurement information does not state a separate evaluation basis or any lots. The original submission deadline was 16 October 2026. The opportunity was identified as suitable for small and medium-sized enterprises.

For property valuation firms, this award demonstrates demand from Wolverhampton City Council for a multi-year programme covering a significant and varied public-sector property portfolio, including operational and non-operational land and buildings and investment properties. A credible competitor would need to deliver periodic valuations that establish fair value and existing use value, and provide outputs suitable for the Council’s accounts, capital strategy and asset management. Experience applying local authority accounting requirements and relevant accounting standards is directly pertinent. The work was awarded through a direct award, so this outcome also shows the buyer’s chosen route for this requirement; it does not establish that the same route will be used for future work. The recorded award went to a large firm, while the opportunity was also identified as suitable for SMEs.

## Notice

The Council is required to undertake periodic valuations of its land and building assets to support the preparation of the Statement of Accounts and ensure compliance with the CIPFA Code of Practice on Local Authority Accounting and relevant accounting standards. The valuation programme covers a significant portfolio of operational and non-operational assets and provides the fair value and existing use value information required for financial reporting, capital strategy decision-making and asset management purposes.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b6b5b3e4-b700-4bc5-9d57-caa468259d71 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Direct award |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Oct 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 16 Oct 2026 |
| Contract period | 19 Oct 2026 - 18 Oct 2031 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £125,000 |
| Lots value | Not specified |
| Awards value | £125,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | Wolverhampton City Council |
| Locality | WOLVERHAMPTON |
| Postcode area | Wolverhampton |
| Postcode | WV1 1RL |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG39 Wolverhampton |
| Local authority | Wolverhampton |
| Electoral ward | St Peters |
| Westminster constituency | Wolverhampton West |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | Wilks Head & Eve LLP |

## CPV Codes

### Divisions

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

### Codes

- 79200000 - Accounting, auditing and fiscal services

## Release History

- 19 Oct 2026 at 13:49 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/b6b5b3e4-b700-4bc5-9d57-caa468259d71

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/b6b5b3e4-b700-4bc5-9d57-caa468259d71
  19th October 2026 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.wolverhampton.gov.uk

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-5f409304-76dd-4b5c-b3da-26280448220b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-5f409304-76dd-4b5c-b3da-26280448220b.json.