009528 - Valuation of Council Assets
Newcastle City Council
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Key details
Procurement
- 70000000 Real estate services
- 79200000 Accounting, auditing and fiscal services
- 79419000 Evaluation consultancy services
What happened
Newcastle City Council awarded this contract to Capita PLC worth £228,581 on 16 Sept 2026. The contract runs until 30 Sept 2031.
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.
Awarded supplier
Contact
Identifiers
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View all →External ID: fts-ocds-h6vhtk-06c6fc • Added 9 July 2026