Tender

Valuation of Newcastle Airport

  • South Tyneside Borough Council

UK4: Tender notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2026/S 000-011319

Procurement identifier (OCID): ocds-h6vhtk-064afa

Published 9 February 2026, 11:57am



Scope

Reference

F8591

Description

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.

Period of contract March 2026- May 2026

Total value (estimated)

  • £24,000 including VAT

Below the relevant threshold

Contract dates (estimated)

  • 9 March 2026 to 31 May 2026
  • 2 months, 23 days

Main procurement category

Services

CPV classifications

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

Contract locations

  • UKC - North East (England)

Submission

Enquiry deadline

2 March 2026, 12:00pm

Tender submission deadline

2 March 2026, 12:00pm

Submission address and any special instructions

Tenders may be submitted electronically

Yes


Award criteria

This table contains award criteria for this lot
Name Type Weighting
Tender value Cost 75%
Delivery Methodology for the Overall Project Quality 10%
Evidence of Delivery Similar Projects Quality 5%
Ability to Meet the Requirements Quality 5%
Delivery Team Quality 5%

Procedure

Procedure type

Below threshold - open competition


Contracting authority

South Tyneside Borough Council

  • Public Procurement Organisation Number: PYPB-8737-VBHG

Town Hall and Civic Offices, Westoe Road

South Shields

NE33 2RL

United Kingdom

Region: UKC22 - Tyneside

Organisation type: Public authority - sub-central government