26/27 – STH ASSET VALUATION SERVICES

Sheffield Teaching Hospitals NHS Foundation Trust
Yorkshire and the Humber
Direct award
1 April 2026 to 31 March 2027

Provision of annual asset valuations as at 1 April 2026, including ad-hoc in-year valuations for new build and refurbishment projects on a call-off basis. The scope also includes right of use valuations and commercial insurance reinstatement cost assessments as at 31 March 2026, delivered in accordance with specific service schedules.

Open the official notice

Awarded value: £67k; As published
Published: 26 March 2026
Awarded: 25 March 2026; Cushman & Wakefield
Contract length: 12 months; Ends 31 March 2027

What the contract covers

Valuation services

Provision of professional asset valuation, reinstatement cost assessment, and right of use valuation services for NHS healthcare estate portfolios.

Valuation services as at 1 April 2026
Ad-hoc in-year valuations on practical completion of new build and refurbishment projects on a call-off basis
Right of use valuations
Reinstatement cost assessment services (commercial insurance valuation) as at 31 March 2026

Terms and requirements

Contract type: Valuation services
Procedure: Direct award
Initial term: 12 months
Contract dates: 1 April 2026 to 31 March 2027
Certifications asked for: None stated
Lots: 1
Suitable for SMEs: Not stated
CPV codes: 70000000

Services in this contract

Property valuationsMain service£65k typicalAnnual and ad-hoc asset valuations including right of use valuations
Insurance reinstatement cost assessments£47k typicalReinstatement cost assessments for commercial insurance valuation

Lifecycle

Published
26 March 2026
Contract awardedto Cushman & Wakefield
25 March 2026
Contract starts
1 April 2026
Contract ends
31 March 2027

The buyer

Sheffield Teaching Hospitals NHS Foundation Trust

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The supplier

Cushman & Wakefield

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Cite this contract

Link: https://bidskim.com/tender/356547/26-27-sth-asset-valuation-services
Buyer reference: C426022
Open contracting ID: ocds-h6vhtk-0674c2
Last checked: 5 November 2026

Sheffield Teaching Hospitals NHS Foundation Trust. 26/27 – STH ASSET VALUATION SERVICES. Contract award, 26 March 2026. BidSkim, https://bidskim.com/tender/356547/26-27-sth-asset-valuation-services (accessed 5 November 2026).