Notice Information
Notice Title
Commercial Property Consultants to undertake a review of Sandwell's Commercial Property Estate
Notice Description
Commercial Property Consultants to undertake a review of Sandwell's Commercial Property Estate SMBC owns a significant portfolio of commercial property investments and it wishes to undertake a review of these to establish what opportunities exist to enhance value (income or capital) through redevelopment or through more active estate management. To undertake this review, it wishes to appoint an experienced commercial property consultancy with intimate knowledge and experience of the West Midlands property market. 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 commercial property portfolio with a view to identifying opportunities to enhance value. The Council manages the portfolio in-house. Whilst this is a cost-effective way of delivering day-to-day property management, the in-house team do not have the level of exposure to the local property market that a good local agent would have, or the exposure to national operators or to the investment & funding market that a large firm of property consultants would have. It is hoped that by engaging the help of an experienced consultancy with local & regional agency experience and with investment, funding and estate management experience, opportunities to enhance value can be identified. 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-b5fd17-3f0ee05f-0d00-4861-b467-5c8a69c6a6da
- Publication Source
- Contracts Finder
- Latest Notice
- https://www.contractsfinder.service.gov.uk/Notice/58f7ca4b-eb8d-4fb6-b2c3-d85448a6f979
- 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 Mar 2023 - 31 Mar 2024 1-2 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
- 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
-
https://www.contractsfinder.service.gov.uk/Notice/58f7ca4b-eb8d-4fb6-b2c3-d85448a6f979
30th January 2023 - Opportunity notice on Contracts Finder -
Notice URLs
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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