Award

Provision of Stock Rationalisation Services

BROMFORD HOUSING GROUP LIMITED

This public procurement record has 1 release in its history.

Award

13 Sep 2019 at 13:03

Award Notice
Summary of the contracting process

Bromford Housing Group Limited is conducting a procurement process for the "Provision of Stock Rationalisation Services" in the real estate services industry. The tender is currently in the award stage, with the contract period established from 26th August 2019 to 25th August 2020. This selective procurement method, based on a call-off from a framework agreement, had a tender period that concluded on 15th August 2019. The total value of the contract is £138,170, and the services will be delivered at locations in the West Midlands region of the United Kingdom.

This contract presents a valuable opportunity for small and medium-sized enterprises (SMEs) experienced in real estate advisory and management services. Companies that can provide stock condition surveys, develop marketing strategies for property disposals, and handle due diligence processes would be well-suited to compete. Engaging in this tender could help businesses expand their portfolios and establish long-term relationships with a prominent housing organisation in the UK.

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Notice Information

Notice Title

Provision of Stock Rationalisation Services

Notice Description

Bromford wishes to dispose of residential properties so sought to select a suitable supplier for the provision of the following services: * Recommend the most favorable disposal route based on initial soft marketing exercise of a selection of suitable housing providers. * Undertake warranted stock condition surveys to be included within the marketing material. * Advise on the likely receipts that could be realized from a disposal. * Develop and carry out formal expressions of interest with relevant parties including, non-disclosure agreements, online data room and marketing of the portfolio. * Carry out due diligence on any bidders and evaluate offers with recommendations. * Progress any subsequent sale and to project manage the process through to exchange of contracts. * Deliver Best practice approach and be regulatory compliant and to prepare portfolios for a transaction.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5a6917f7-4ae0-43c4-aafd-1ecb64ebb8c1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1edc5f82-e622-4cd8-9383-1084466f0b09
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£138,170 £100K-£500K
Lots Value
Not specified
Awards Value
£138,170 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Sep 20196 years ago
Submission Deadline
15 Aug 2019Expired
Future Notice Date
Not specified
Award Date
20 Aug 20196 years ago
Contract Period
25 Aug 2019 - 25 Aug 2020 1-2 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
BROMFORD HOUSING GROUP LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WOLVERHAMPTON
Postcode
WV10 9LE
Post Town
Wolverhampton
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG39 Wolverhampton
Delivery Location
TLG West Midlands (England)
Local Authority
Wolverhampton
Electoral Ward
Oxley
Westminster Constituency
Wolverhampton North East

Supplier Information

Number of Suppliers
1
Supplier Name

SAVILLS (UK

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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