AwardedAwarded 16 September 2026
009528 - Valuation of Council Assets
Newcastle City Council · Local authority
In brief
Newcastle City Council awarded property and consultancy work to Capita Property and Infrastructure Limited on 16 September 2026.
The notice gives a value of £600,000 excluding VAT.
The contract runs for 5 years, starting 1 September 2026.
The buyer says it is suitable for small and medium-sized businesses.
Built from the notice's own fields. Always check the official notice before you bid.
What the notice says
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.
Who won
| Winner | Value | Dates |
|---|---|---|
| Capita Property and Infrastructure Limited (SME) 9 bids received | £228,581 | Awarded 16 September 2026 |
Values as the award notice gives them, excluding VAT where stated.
Timeline
- Tender notice · UK4, notice 064482-2026
- Tender notice · UK4, notice 066053-2026
- Contract award notice · UK6, notice 087629-2026
About the buyer
Similar open tenders
All open property tenders- £400kestimated
- £2bnframework ceiling
- £12bnframework ceiling
From notice 064482-2026 on Find a Tender, first published 9 July 2026, last updated 16 September 2026. We last checked for changes on 28 September 2026.