Tender

6 Cross Street , Eye Mid Suffolk Operator

BABERGH DISTRICT COUNCIL

This public procurement record has 2 releases in its history.

TenderAmendment

16 Jun 2023 at 10:50

Tender

16 Jun 2023 at 10:50

Summary of the contracting process

The Babergh District Council is seeking to develop an innovation space and incubator facility in Eye to support startups and enable growth and collaboration. The tender, titled "6 Cross Street, Eye Mid Suffolk Operator," falls under the industry category of development services of real estate and includes a procurement method of open procedure (above threshold). The tender period ends on July 14, 2023, with a contract period starting on August 31, 2023, and ending on August 30, 2033. Businesses in the services sector, especially those involved in real estate development and related consultancy services, could find growth opportunities in this project.

This procurement opportunity presents a chance for small and medium-sized enterprises to engage with the Babergh District Council in delivering a much-needed innovation space in Eye. Situated in the heart of the town centre, the facility aims to create a vibrant business community that fosters collaboration and knowledge sharing. Eligible businesses interested in property management services or those offering research and development consultancy services are well-suited to participate. With a focus on supporting startups to thrive and succeed, this contract emphasises providing a supportive environment for new businesses to grow and flourish.

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Notice Title

6 Cross Street , Eye Mid Suffolk Operator

Notice Description

In October 2019 Babergh and Mid Suffolk District Councils commissioned Menta to carry out a Grow on Space Supply and Demand Analysis - 318MEN Grow on Spaces Study V2.01 midsuffolk.gov.uk, which was subsequently updated to reflect the impact of the Covid 19 pandemic in August 2021. Following in depth consultation with local businesses and property agents, this study highlighted the need for incubation and start up space that is in or on the town outskirts where there are better services and amenities. There is currently a lack of co-working and hot desk space in the Eye area which would present little competition if a new space were created. The Council is seeking to develop an innovation space and incubator facility in Eye which can provide a supportive environment to enable starts ups to grow, flourish and collaborate. In the report, Mid Suffolk has an identified supply shortfall for incubator space of up to 1,500 sq. ft. New build investment costs for incubator space are high and, because of high churn, the security of rental income means commercial investment is seen as high risk by commercial developers. This has led to a lack of investment in the delivery of incubator spaces across the district. It has been identified that other districts which have invested in incubator space have seen the reward of growth and higher success rates of start-up businesses. The location of this building in town, in the heart of the town centre will enable businesses to benefit from better services and amenities. In addition, the creation of a new business community which gives the opportunity to collaborate, network, and share experiences and knowledge can be a key contributor to the vibrancy of the town centre. This investment underpins the organisation's vision and mission which is to provide strong, proud, and inspirational leadership, and that we will strive for excellence, and together build great communities for everyone to live, work, visit and invest in. Additional information: to view the tender and supporting documentation please visit the below website where you will be able to register and download all required documentation. http://www.suffolksourcing.uk/ Please be aware we will not accept late tender submissions, or tenders submitted to us other than via the e-tendering portal. We thankyou for your time and interest in this current opportunity. Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-32a3d858-965f-4c40-a6f6-b7af4fa58724
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/06e1cdd6-04c5-496c-a520-079aeefd25e9
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 (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

73 - Research and development services and related consultancy services

98 - Other community, social and personal services


CPV Codes

70110000 - Development services of real estate

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

73000000 - Research and development services and related consultancy services

98300000 - Miscellaneous services

Notice Value(s)

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

Notice Dates

Publication Date
16 Jun 20232 years ago
Submission Deadline
14 Jul 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Aug 2023 - 30 Aug 2033 Over 5 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
BABERGH 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
SUFFOLK
Postcode
IP1 2BX
Post Town
Ipswich
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH6 Suffolk
Small Region (ITL 3)
TLH62 Ipswich
Delivery Location
Not specified

Local Authority
Ipswich
Electoral Ward
Gipping
Westminster Constituency
Ipswich

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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