Tender

Rising Sun Farm - Community Letting Opportunity

NORTH TYNESIDE COUNCIL

This public procurement record has 1 release in its history.

Tender

12 Aug 2024 at 15:02

Tender Notice
Summary of the contracting process

The North Tyneside Council is seeking a long-term operator for Rising Sun Farm through a competitive procedure with negotiation, classified under the industry category "Real estate agency services on a fee or contract basis" (CPV code 70300000). The procurement stage is currently in the Tender phase. The successful bidder will enter into a 40-year Lease and Management Agreement, taking full responsibility for the maintenance of farm buildings and farmland, along with financial outgoings. The tender period closes on 16th September 2024, with the contract scheduled to commence on 2nd December 2024 and end on 1st December 2064. The property is located at NE28 9JL and the opportunity extends to numerous regions including British Overseas Territories, Channel Islands, Europe, Isle of Man, the Rest of the World, and the United Kingdom.

This tender represents a significant opportunity for businesses with expertise in real estate management and agricultural property maintenance to expand their portfolio over an extended period. Ideal candidates are entities capable of managing large-scale property operations and financial responsibilities. The selective procurement method ensures a competitive environment, encouraging capable organisations to propose innovative and sustainable management solutions. Businesses with capabilities in long-term property leasing and management are particularly well-suited to compete for this contract, given the scale and duration involved.

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Notice Information

Notice Title

Rising Sun Farm - Community Letting Opportunity

Notice Description

The Authority requires a long-term operator to enter into a Lease and Management Authority of 40 years, for the property of Rising Sun Farm. The successful Tenderer will enter into the Lease and Management Agreement and take full responsibility for the maintenance of all farm buildings and farmland and all financial outgoings for Rising Sun Farm. The successful Tenderer will have regard to the existing occupational interests of Rising Sun Farm. The rental income from the existing occupational interests will assist with the outgoings of Rising Sun Farm. Additional information: The Authority requires a long-term operator to enter into a Lease and Management Authority of 40 years, for the property of Rising Sun Farm. The successful Tenderer will enter into the Lease and Management Agreement and take full responsibility for the maintenance of all farm buildings and farmland and all financial outgoings for Rising Sun Farm. The successful Tenderer will have regard to the existing occupational interests of Rising Sun Farm. The rental income from the existing occupational interests will assist with the outgoings of Rising Sun Farm. The full detail's of the award criteria are included in the Tender Documents The Tender documentation is available to access and download immediately once organisations have registered their interest in this opportunity ONLY via the ProContract electronic Tendering Portal, the link to the, website is provided further below The link to North Tyneside Councils Tender opportunities is:- Interested bidders must access the Tender documents for further information, which are available to download immediately in the NEPO Portal after registering an interest via the link below. Unregistered bidders will be redirected to a registration page, registration is free.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1549aed4-d7bc-4403-8781-3d38e8096459
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/842e6521-f9e7-438d-b513-610944e6e697
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70300000 - Real estate agency services on a fee or contract basis

Notice Value(s)

Tender Value
£3,600,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Aug 20241 years ago
Submission Deadline
16 Sep 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
2 Dec 2024 - 1 Dec 2064 Over 5 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
NORTH TYNESIDE 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
NORTH TYNESIDE
Postcode
NE27 0BY
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
Not specified
Local Authority
North Tyneside
Electoral Ward
Shiremoor
Westminster Constituency
Cramlington and Killingworth

Further Information

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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