Tender

Trafford Property Investment Advice and Acquisition

TRAFFORD COUNCIL

This public procurement record has 1 release in its history.

Tender

16 Dec 2022 at 16:18

Summary of the contracting process

The Trafford Council is currently seeking expert property advice services for its Asset Investment Strategy. This procurement opportunity involves strategic advice, portfolio management, investment opportunity identification, and business case review. The contract value is £2,100,000, and the tender deadline is 27th January 2023. The contract period will run from 1st April 2023 to 31st March 2026. The procurement method is an open procedure, and the main procurement category is services.

This tender by Trafford Council presents an opportunity for businesses in the building services and consultancy sectors to demonstrate their expertise and secure a valuable contract. Small and medium-sized enterprises (SMEs) are particularly suitable for this opportunity. Businesses with experience in asset management, property advice, and business case appraisal are well-suited to compete for this tender. The location for service delivery is in England, United Kingdom.

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Notice Title

Trafford Property Investment Advice and Acquisition

Notice Description

The Council is seeking to appoint an expert property adviser (Service Provider) with demonstrable experience who will assist the Council in achieving the objectives of its Asset Investment Strategy in the three areas: Strategic Advice and Portfolio Management: To carry out an annual review of the Council's Asset Investment Strategy to be recommended for approval by the Council and to ensure that of the Strategy is at all times maintained in line with all professional standards and guidance and to advise in relation to its amendment and application. Provision of on-going monitoring and advice service in relation to the management of the Council's strategic portfolio of assets acquired under the Strategy. Identification of investment opportunities: including development lending or direct acquisition opportunities that are appropriate investments in line with the Council's Strategy; including provision of advice, transaction services and due diligence, including liaison with officers and the drafting of reports to the Council's Investment Management Board on opportunities. Proposition and Business Case Review: Provide advice and review of Council business cases and investment proposals, as required from time to time. This advice can take the form of local area market review and include the provision of appraisals for the Council's self-development schemes.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2a11243b-2a74-4cdd-ac60-b33cf33da3d7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/74c74da5-7661-4f94-99a6-d12aaf68fd38
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

71 - Architectural, construction, engineering and inspection services


CPV Codes

71315000 - Building services

71315200 - Building consultancy services

Notice Value(s)

Tender Value
£2,100,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Dec 20223 years ago
Submission Deadline
27 Jan 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2023 - 31 Mar 2026 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
TRAFFORD COUNCIL
Contact Name
Farooq Rashid
Contact Email
farooq.rashid@star-procurement.gov.uk
Contact Phone
+44 1619121616

Buyer Location

Locality
SALE
Postcode
M33 7ZF
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
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
Trafford
Electoral Ward
Sale Central
Westminster Constituency
Wythenshawe and Sale East

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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