Tender

Property Consultants to undertake a review of Sandwell's Surplus Property Assets

SANDWELL METROPOLITAN BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

TenderAmendment

30 Jan 2023 at 14:24

Tender Notice
Tender

30 Jan 2023 at 14:24

Tender Notice
Summary of the contracting process

The Sandwell Metropolitan Borough Council has issued a tender titled "Property Consultants to undertake a review of Sandwell's Surplus Property Assets" in the business development consultancy services category. The Council wishes to engage an experienced firm of property consultants to advise on extracting value from its surplus property assets in the West Midlands. The procurement stage is an open procedure, and the closing date for submissions is Friday 24 February 2023 at 15:00hrs. The contract period is from 3rd April 2023 to 31st March 2024.

This tender opportunity can benefit property consulting firms with expertise in commercial property management or research and development consultancy services. Businesses located in the West Midlands region of the United Kingdom may find this procurement appealing. It presents a chance to work with Sandwell MBC in optimising the value of its surplus property assets, thereby contributing to cost reduction and income enhancement goals outlined in the Corporate Asset Management Strategy.

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Notice Information

Notice Title

Property Consultants to undertake a review of Sandwell's Surplus Property Assets

Notice Description

Property Consultants to undertake a review of Sandwell's Surplus Property Assets SMBC has a significant list of "surplus" land & property assets and it wishes to appoint an experienced firm of property consultants and agents with a strong presence in the West Midlands property market to advise on which of them have value, likely demand levels, and a marketing & disposals strategy. The Council has recently adopted a new Corporate Asset Management Strategy. This sets out a plan for the more effective use of its operational and commercial property assets. There is a particular need to reduce costs and also to enhance income streams. As part of this it needs to look carefully at its surplus assets with a view to identifying the best way to extract value from them. The Council has identified a number surplus property assets as part its land register, some of which were declared surplus many years ago. In addition there are other assets which, whilst not yet declared surplus, are no longer required for operational purposes. The list currently comprises 140 assets and will be made available to the appointed consultant. The Council will be using the In-tend e-Tendering System for this Procurement exercise, please visit https://in-tendhost.co.uk/sandwellmbc to access the Sandwell MBC In-tend Supplier Portal. From here you will be able to register your company, express an interest in the opportunity, and gain immediate access to Quotation or other related documents. To submit a quotation you will be required to 'Opt In'. For a Step by Step user guide to the Sandwell MBC In-tend Supplier Portal please click on the 'Guidance for Suppliers' section of the website. All procurement responses must be carried out via the Sandwell MBC In-tend Supplier Portal. If you require further assistance in respect of the system please contact the In-tend support team on 0844 272 8810. Closing date: Friday 24 February 2023 at 15:00hrs Additional information: Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0b530ad7-c2ce-4d98-b862-b6a8e834dc14
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/10aff1d9-81bb-443c-8c70-cdff92051dbc
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 (below threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

73 - Research and development services and related consultancy services

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

70332200 - Commercial property management services

73200000 - Research and development consultancy services

79411100 - Business development consultancy services

Notice Value(s)

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

Notice Dates

Publication Date
30 Jan 20233 years ago
Submission Deadline
24 Feb 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
3 Apr 2023 - 31 Mar 2024 6-12 months
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
SANDWELL METROPOLITAN BOROUGH 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
WEST MIDLANDS
Postcode
B69 3DB
Post Town
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG37 Sandwell
Delivery Location
TLG West Midlands (England)
Local Authority
Sandwell
Electoral Ward
Oldbury
Westminster Constituency
West Bromwich

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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