Award

SBC 0718 Investment Consultancy Services - AWARD

SUPPLY HERTFORDSHIRE

This public procurement record has 1 release in its history.

Award

26 Sep 2018 at 15:53

Award Notice
Summary of the contracting process

The procurement process for "SBC 0718 Investment Consultancy Services - AWARD" has been successfully completed, with Supply Hertfordshire as the buying organisation. The contract involves securing a real estate consultant to aid the acquisition of property investments in alignment with the Council's strategic objectives. This tender falls under the services category and was conducted through an open procedure. The award date is 25th September 2018, and the contract period is set from 25th September 2018 to 24th September 2021, focusing on delivery in Hertfordshire, specifically the East of England region.

This award presents considerable opportunities for businesses specialising in real estate consultancy, property management, and acquisition services. Companies that can efficiently navigate the complexities of commercial property investment and provide comprehensive market intelligence will be particularly well-suited to compete. This contract not only allows firms to contribute to the local government's investment strategy but also provides a platform for ongoing collaboration with a public sector authority, potentially leading to further engagements in similar consultancy roles.

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Notice Information

Notice Title

SBC 0718 Investment Consultancy Services - AWARD

Notice Description

The Council wishes to engage a Real Estate Consultant who can assist with the acquisition of property investment on its behalf This assistance will extend to the identification and analysis of opportunities for commercial property investment including off market sales, identifying the right opportunities to fit with the Council's Strategy, targeting potential investments using market intelligence including specifically and comprehensively contacting all property owners within the set geographical areas identified in the Strategy, prioritising the Council's requirements in terms of risk, revenue and capital growth, and timing, liaison with Vendors and their advisors, purchaser negotiations, managing the acquisition process from day one through to completion of the purchase once the Council supports a property investment, completion of due diligence to comply with the Council's requirements including pre-acquisition reports as and when required, through to comprehensive property advice on whether to hold or sell assets (including those previously purchased as part of this Strategy), and including disposal of assets as required. Liaison with Legal and Professional teams within the Council and outside, throughout. Please note the deadline for returns and allow sufficient time to make your return as late returns will not be permitted. Any questions relating to this quote should be made via correspondence on the website and can be addressed to the main contact as shown in the details above.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1b80ca69-5e68-4935-9360-48b65a4497fb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5bf74e61-8f9e-41d8-a79f-d4b9f56b9497
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

70120000 - Buying and selling of real estate

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

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

70332200 - Commercial property management services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£200,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Sep 20187 years ago
Submission Deadline
6 Aug 2018Expired
Future Notice Date
Not specified
Award Date
24 Sep 20187 years ago
Contract Period
24 Sep 2018 - 24 Sep 2021 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
SUPPLY HERTFORDSHIRE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HERTFORDSHIRE
Postcode
SG1 1HN
Post Town
Stevenage
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
Not specified
Local Authority
Stevenage
Electoral Ward
Old Town
Westminster Constituency
Stevenage

Supplier Information

Number of Suppliers
1
Supplier Name

CARTER JONAS

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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