Tender

Contract to Provide Property Management Service

WYRE FOREST DISTRICT COUNCIL

This public procurement record has 2 releases in its history.

Tender

21 Jan 2019 at 14:04

Tender Notice
Tender

21 Jan 2019 at 14:01

Tender Notice
Summary of the contracting process

Wyre Forest District Council is seeking a contractor to provide property management services for its growing portfolio of properties located in the West Midlands. The contract, valued at £300,000, aims to support the Council's Medium Term Financial Strategy and contribute to the economic regeneration of the Wyre Forest area. The tender process is currently at the active stage, with submissions accepted until 19th February 2019. The successful contractor will manage existing properties, including retail and office units, and future acquisitions as part of an ongoing strategy.

This opportunity is particularly suited for small and medium-sized enterprises (SMEs) engaged in property management services, providing a potential avenue for business growth and expansion in the local area. Companies with expertise in managing non-residential properties will find this tender relevant, especially those looking to establish a long-term relationship with a public-sector organisation. The contract's duration spans from 1st April 2019 to 31st March 2022, offering a sustainable revenue stream for successful bidders.

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Notice Information

Notice Title

Contract to Provide Property Management Service

Notice Description

Wyre Forest District Council wishes to appoint a contractor to provide a property management service to manage an existing and growing portfolio of properties it is acquiring as part of its adopted strategy to build a portfolio of assets that will support its Medium Term Financial Strategy, make an economic and regeneration contribution to the Wyre Forest area and provide a sustainable long term revenue stream, which in turn will enable the Council to maintain the continued delivery of services to its residents. At the time of writing the Council has completed three purchases totalling PS8.5m and comprising a block of five retail units in Kidderminster an office block in Bromsgrove with two tenants totalling 8515 sq ft and an office block in Solihull with seven tenants totalling 30,694 sq ft. The Council wishes to appoint a contractor who will take over the day to day management of the three properties it has acquired so far (see details appended) as well as future properties it intends to acquire as it continues to develop a portfolio of assets.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0ad4cdbe-b4a3-40cb-ad18-ce9c3551ce6e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f3e5836e-9406-495a-87cf-67bc2a02e695
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

70332000 - Non-residential property services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jan 20197 years ago
Submission Deadline
19 Feb 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2019 - 31 Mar 2022 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
WYRE FOREST DISTRICT COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
KIDDERMINSTER
Postcode
DY11 7WF
Post Town
Dudley
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG12 Worcestershire CC
Delivery Location
TLG West Midlands (England)
Local Authority
Wyre Forest
Electoral Ward
Mitton
Westminster Constituency
Wyre Forest

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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