Tender

A delivery model for the acquisition and management of affordable accommodation

LONDON BOROUGH OF BROMLEY

This public procurement record has 1 release in its history.

Tender

23 Sep 2019 at 14:28

Tender Notice
Summary of the contracting process

The London Borough of Bromley is initiating a tender for the development of a delivery model aimed at acquiring and managing 400 properties for affordable housing. This procurement falls under the construction industry category, with an estimated contract value of £65 million. The tender, classified under the CPV codes for construction work, financial services, and real estate services, is currently in the tender stage, with submissions due by 23 October 2019. The contract period is set to commence on 1 August 2020 and last until 31 July 2060, primarily targeting the South East region of the United Kingdom. Interested suppliers must register on the London Tenders Portal to participate in the bidding process.

This tender presents significant opportunities for businesses specialising in construction, real estate services, and financial management to expand their offerings within the public sector. Companies capable of proposing innovative and sustainable delivery models for affordable housing will be particularly well-suited to compete for this contract. Furthermore, businesses that have experience with long-term contracts are encouraged to engage, as the Council is open to various delivery options, potentially setting the stage for ongoing partnerships in the housing sector.

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Notice Information

Notice Title

A delivery model for the acquisition and management of affordable accommodation

Notice Description

The London Borough of Bromley is seeking tenders for a delivery model to acquire 400 properties for affordable housing. The model offered by the Tenderer must have the ability to acquire a further 200 properties at the Council's discretion. The Council will consider all types of innovative delivery models. The Council is ideally looking for a contract period of 40 years; however, the Council will consider other proposed options. Please note that the estimated contract value is based on the estimated discounted value of 400 properties in year 40. The Tender opportunity will be run electronically through the London Tenders Portal and suppliers will need to register their company with the portal at www.londontenders.org to ensure they are able to submit the relevant documents. All applications must be made through the London Tenders portal only and not to the contact details contained in this notice.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-492cb044-b879-4ccd-97ae-9135c70f2239
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6fab386c-0319-498a-a1a9-09b4c035f030
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

66 - Financial and insurance services

70 - Real estate services

CPV Codes

45000000 - Construction work

66000000 - Financial and insurance services

70000000 - Real estate services

Notice Value(s)

Tender Value
£65,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Sep 20196 years ago
Submission Deadline
23 Oct 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Jul 2020 - 31 Jul 2060 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
LONDON BOROUGH OF BROMLEY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BROMLEY
Postcode
BR1 3UH
Post Town
Bromley
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI61 Bromley
Delivery Location
TLJ South East (England)
Local Authority
Bromley
Electoral Ward
Bromley Town
Westminster Constituency
Bromley and Biggin Hill

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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