---
title: "Newcastle Airport Valuation"
ocid: "ocds-h6vhtk-064afa"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-064afa"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-064afa.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-064afa.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "SOUTH TYNESIDE BOROUGH COUNCIL"
published: "2026-05-01"
---

# Newcastle Airport Valuation

Buyer: SOUTH TYNESIDE BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-064afa

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-064afa)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-064afa.json)

## Summary

The procurement process initiated by South Tyneside Borough Council involved the valuation of Newcastle Airport, a critical undertaking for ensuring that the airport's fair value is accurately reflected in the Statement of Accounts for the 2025-2026 financial year. The primary industry category for this procurement was financial consultancy services, with an emphasis on financial and insurance services. The Council, acting as the leading authority among seven local bodies, executed an open, below-threshold competition from February to March 2026, with PricewaterhouseCoopers Services LLP being awarded the contract on 1st May 2026. The contract, worth £39,000 in gross value, spans a period from May 2026 to July 2026, focusing on services within the UKC region.

This tender presents a valuable opportunity for businesses specialising in financial consultancy and valuation services to engage with local government initiatives to foster transparent and precise financial reporting. Firms that possess experience in delivering similar projects, demonstrating a strong capacity to meet detailed requirements, and offering competitive tender values stand to benefit significantly. The ability to provide a coherent delivery methodology and deploy an expert team will enhance the competitive stance of bidders in such procurement processes—facilitating potential growth through increased government engagements.

## Notice

South Tyneside Council are the leading body of 7 Local Authorities who own a shareholding in Newcastle International Airport. It is a requirement that the Airport be shown in our Statement of Accounts at fair value and therefore regular formal valuations are required. South Tyneside Council are looking for a supplier to provide a detailed valuation of Newcastle airport with figures which can be incorporated into our 25-26 year end Statement of Accounts.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/040575-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Below threshold - open competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 May 2026 |
| Submission deadline | 2 Mar 2026 |
| Future notice date | Not specified |
| Award date | 30 Apr 2026 |
| Contract period | 30 Apr 2026 - 31 Jul 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £24,000 |
| Lots value | £24,000 |
| Awards value | Not specified |
| Contracts value | £32,500 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SOUTH TYNESIDE BOROUGH COUNCIL |
| Locality | SOUTH SHIELDS |
| Post town | Newcastle upon Tyne |
| Postcode | NE33 2RL |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | South Tyneside |
| Electoral ward | Beacon and Bents |
| Westminster constituency | South Shields |
| Delivery location | TLC North East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PRICEWATERHOUSECOOPERS SERVICES |

## CPV Codes

### Divisions

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

### Codes

- 66000000 - Financial and insurance services
- 66171000 - Financial consultancy services
- 79212100 - Financial auditing services
- 79412000 - Financial management consultancy services

## Release History

- 1 May 2026 at 13:18 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/040575-2026
- 9 Feb 2026 at 11:57 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/011319-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/040575-2026
  1st May 2026 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/011319-2026
  9th February 2026 - Tender notice on Find a Tender

## Notice URLs

- https://open-uk.org/
- https://www.legislation.gov.uk/ukpga/2023/54/contents
- https://www.pwc.in/

## 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-h6vhtk-064afa. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-064afa.json.