Tender

West Midlands Pension Fund - Development Manager Services Contract

WEST MIDLANDS PENSION FUND

This public procurement record has 1 release in its history.

Tender

09 Dec 2024 at 17:45

Summary of the contracting process

The West Midlands Pension Fund (the Authority), one of the UK's largest pension funds, is currently in the tender stage for the Development Manager Services Contract. This opportunity focuses on the development of a real estate project at 1 Rivergate, Bristol. The primary services required include valuation, options appraisals, design development, environmental goal championing, and regular communication with the Authority's investment partner, CBRE Investment Managers. The procurement method is an open procedure, with the tender period closing on 10 January 2025, and the contract period running from 3 February 2025 to 31 December 2027. The procurement covers the industry category of development services for real estate and the location specified is the South West region of the United Kingdom.

This tender represents a significant opportunity for businesses involved in real estate development, particularly those with substantial experience in managing large-scale projects and demonstrating a commitment to sustainable practices. Companies that can offer comprehensive project management, including valuation, design, and environmental stewardship, will find this contract particularly appealing. The opportunity to work with one of the UK's largest pension funds and a reputable investment partner like CBRE provides an added advantage. This contract promises to contribute to long-term business growth for firms adept at managing complex, high-value real estate developments.

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Notice Title

West Midlands Pension Fund - Development Manager Services Contract

Notice Description

West Midlands Pension Fund (the Authority) is one of the UK's largest pension funds, originally formed by West Midlands County Council and now working in partnership with seven metropolitan district councils and over 800 employers providing public services across the West Midlands region. City of Wolverhampton Council is the Administering Authority for the Fund under the Local Government Pension Scheme Regulations 2013, and have delegated the responsibility for the management of the Fund to the Pensions Committee and the Director of Pensions, and established a Local Pensions Board to assist in governance of the Fund.The fund is focused on delivering value to customers, developing services to enable pension members to plan for their retirement and supporting employers in delivering cost-effective benefits to their employees. They seek to invest responsible to generate long-term defined benefits and drive positive change including in aspects of social, environmental and governance to create long-term sustainability to the Funds people, and to the planet.This opportunity is to support the Authority in the development of a real estate opportunity at 1 Rivergate in Bristol working under instruction of CBRE Investment Managers. The Development Manager shall be expected undertake such actions as (but not limited to) to undertake valuation, options appraisals, lead design development, champion environmental goals, communicate regularly with the Authority's investment partner (CBRE), develop programmes and report on progress.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-02acac07-916a-4a2a-b7d8-d2801c42bf01
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7b8610f0-9d29-4170-badf-701937a9dcc6
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70110000 - Development services of real estate

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Dec 20241 years ago
Submission Deadline
10 Jan 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
3 Feb 2025 - 31 Dec 2027 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
WEST MIDLANDS PENSION FUND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WOLVERHAMPTON
Postcode
WV1 1LD
Post Town
Wolverhampton
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG39 Wolverhampton
Delivery Location
TLK South West (England)

Local Authority
Wolverhampton
Electoral Ward
St Peters
Westminster Constituency
Wolverhampton West

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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