Tender

Managing Agent - Property Acquisitions & Improvement programme

LAMPTON INVESTMENT & DEVELOPMENT 360

This public procurement record has 1 release in its history.

Tender

20 Aug 2021 at 14:07

Tender Notice
Summary of the contracting process

The procurement process involves Lampton Investment & Development 360 seeking a Managing Agent for their Property Acquisitions & Improvement programme within the London Borough of Hounslow. The tender, titled "Managing Agent - Property Acquisitions & Improvement programme", is currently in the Planning stage and was published on 20th August 2021. Expressions of interest are requested until 13th September 2021, following which the tender period is expected to commence. The initial contract term is set for three years with an estimated value of £7 million, and the primary industry category involved is property management services.

This tender presents significant opportunities for businesses specialising in property management and real estate services, particularly those with RICS accreditation and membership to the Property Ombudsman. Companies that can demonstrate expertise in property acquisitions within the Greater London area, especially those willing to establish a local office to ensure rapid response times, would be well-suited to compete. This contract not only allows for the development of a potentially lucrative partnership but also enhances the successful bidder's portfolio through the management of essential public sector properties.

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Notice Information

Notice Title

Managing Agent - Property Acquisitions & Improvement programme

Notice Description

Lampton Investment & Development 360 are seeking to appoint a single Managing Agent to manage a Property Acquisitions & Improvement programme with an initial term of 3 years. The successful Managing Agent will need to have a track record to demonstrate their experience, knowledge and capability in acquiring properties in the London Borough of Hounslow region. Other requirements include, but are not limited to, holding RICS accreditation, membership to the Property Ombudsman and TRUSTMARK. The successful Managing Agent will be expected to work alongside Lampton Investment & Development 360 to draft a specification and pricing schedule for 1) Void work and 2) a Reactive / Planned Repair and Maintenance contract. The Managing Agent contract will include Key Performance Indicators which require extremely quick turnaround responses. Therefore it may be beneficial for those intending to express and interest to this Notice to consider establishing an office within the London Borough of Hounslow. No sub-contracting of the Managing Agent function will be permitted. The purpose of this Notice is a call for expressions of interest in order to create a select list of interested companies who will receive a tender pack after the initial period for expressions of interest expires. Please note the tender process will include financial and background assessments which will be covered in the tender pack. The expression of interest date commences on the 20th August 2021 at 14:00 and will expire on the 13th September 2021 at 17:00. It is intended the Tender period to commence shortly after the 13th September 2021. The estimated contract value is PS7m , the actual out turn is unknown. However it is believed the estimation is a true reflection of the Managing Agent contract value, this is at the lower end of the estimation. Additional information: The purpose of this Notice is a call for expressions of interest in order to create a select list of interested companies who will receive a tender pack after the initial period for expressions of interest expires. Please note the tender process will include financial and background assessments which will be covered in the tender pack. The expression of interest date commences on the 20th August 2021 at 14:00 and will expire on the 13th September 2021 at 17:00. It is intended the Tender period to commence shortly after the 13th September 2021.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0757c059-2975-4165-9a7e-bcd5215a0fd4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bd369820-b77f-4455-9050-af03fda8eb24
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
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70330000 - Property management services of real estate on a fee or contract basis

Notice Value(s)

Tender Value
£7,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Aug 20214 years ago
Submission Deadline
13 Sep 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2022 - 31 Mar 2025 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LAMPTON INVESTMENT & DEVELOPMENT 360
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HOUNSLOW
Postcode
TW3 3EB
Post Town
Twickenham
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI7 Outer London - West and North West
Small Region (ITL 3)
TLI75 Hounslow and Richmond upon Thames
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Hounslow
Electoral Ward
Hounslow West
Westminster Constituency
Feltham and Heston

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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