Award

Managing Agent for Commercial Portfolio

NETWORK HOMES

This public procurement record has 1 release in its history.

Award

13 Mar 2019 at 10:03

Award Notice
Summary of the contracting process

Network Homes is seeking a tender for the role of Managing Agent for its commercial portfolio, with a contract value of £500,000. This procurement falls under the industry category of commercial property management services and is located in London, United Kingdom. The tender process is marked as complete, with the award notification date recorded as 1st March 2019. The contract period will run from 1st April 2019 to 31st March 2022, after the tender period concluded on 1st March 2019. The procurement method used was a selective procedure, indicating a restricted approach to inviting suppliers.

This tender presents significant opportunities for businesses specialising in property management and related services. Small and medium-sized enterprises (SMEs) that provide comprehensive management solutions, including financial administration, tenant compliance support, and marketing for occupancy, would be particularly well-suited to participate. By securing this contract, firms can enhance their portfolio and reputation while establishing a long-term partnership with a prominent organisation like Network Homes.

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Notice Information

Notice Title

Managing Agent for Commercial Portfolio

Notice Description

Network Homes (NH) is inviting tenders for a managing agent to mange our portfolio of commercial units. The role of the Managing Agent is to oversee all matters affecting the health, strategy and asset management of the commercial portfolio. This briefly comprises: General day to day management of the portfolio Maintaining comprehensive tenancy records Managing the financial administration of the portfolio, including rent collection and service charge administration. Ensure tenant compliance with lease obligations Seeking new occupiers for vacant units, negotiating terms and working with solicitors to complete leases. Provide advice on our asset strategy and determine if the portfolio is meeting our investment objectives.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4e614178-17c1-4ec3-ad66-1ff3b2dc175f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d45fdb3d-aa9d-4666-a0af-1ca26d3e56ae
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70332200 - Commercial property management services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
£500,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
13 Mar 20196 years ago
Submission Deadline
1 Mar 2019Expired
Future Notice Date
Not specified
Award Date
1 Mar 20196 years ago
Contract Period
31 Mar 2019 - 31 Mar 2022 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
NETWORK HOMES
Contact Name
Not specified
Contact Email
tenders@networkhomes.org.uk
Contact Phone
+442084824854

Buyer Location

Locality
WEMBLEY
Postcode
HA9 0NU
Post Town
Harrow
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI7 Outer London - West and North West
Small Region (ITL 3)
TLI72 Brent
Delivery Location
TLI London
Local Authority
Brent
Electoral Ward
Wembley Park
Westminster Constituency
Brent West

Supplier Information

Number of Suppliers
1
Supplier Name

THE FORTY GROUP

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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