Award

TENDER FOR THE PROVISION OF A PROPERTY FUND MANAGER AND INVESTMENT ADVISOR (2017) UNDER THE HCA PROPERTY PANEL

BASINGSTOKE & DEANE BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

21 Jul 2017 at 09:49

Summary of the contracting process

The Basingstoke & Deane Borough Council has completed a tender process for the provision of a Property Fund Manager and Investment Advisor under the title "TENDER FOR THE PROVISION OF A PROPERTY FUND MANAGER AND INVESTMENT ADVISOR (2017) UNDER THE HCA PROPERTY PANEL." This contract, classified under financial consultancy services, commenced on 21 June 2017 and runs for three years, with an option for two annual extensions. The tender period concluded on 11 May 2017, and the council employed a selective procurement method using a restricted procedure, conducting all communications electronically via the ProContract system to manage submissions.

This opportunity presents significant potential for growth for businesses specialising in financial consultancy and investment advisory services. The successful bidder, CBRE Capital Advisors Ltd, demonstrates the calibre of expertise expected in this field. Companies with a strong track record in property investment management and a deep understanding of the UK market will be well-positioned to compete in future tenders of a similar nature. As the council continues to explore new investment opportunities, firms that can offer innovative strategies and demonstrate effective management capabilities will attract attention.

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Notice Title

TENDER FOR THE PROVISION OF A PROPERTY FUND MANAGER AND INVESTMENT ADVISOR (2017) UNDER THE HCA PROPERTY PANEL

Notice Description

Following submission of a successful sifting brief, short-listed organisations were invited to tender for the provision of a Property Fund Manager and Investment Advisor to lead on the sourcing and transacting of new investment opportunities for Basingstoke & Deane Borough Council. The contract is for a period of 3 years with an option to extend annually for up to a further 2 years Additional information: The Council utilised an electronic tendering tool to manage this procurement and communicate with Tenderers. Accordingly, there was no hard copy documents issued to Tenderers and all communications with the Council, including the submission of Tenderers' Responses, was conducted via the ProContract system, which can be accessed using the following link: https://sebp.due-north.com/

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-69c8bb22-08cf-4b81-a1db-77bca79a5583
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7f550271-39b8-41e4-8597-cba1e78bce43
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£275,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jul 20178 years ago
Submission Deadline
11 May 2017Expired
Future Notice Date
Not specified
Award Date
5 Jun 20178 years ago
Contract Period
20 Jun 2017 - 20 Jun 2020 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BASINGSTOKE & DEANE BOROUGH COUNCIL
Contact Name
Not specified
Contact Email
procurement@basingstoke.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
BASINGSTOKE
Postcode
RG21 4AH
Post Town
Reading
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ37 North Hampshire
Delivery Location
TLJ South East (England)

Local Authority
Basingstoke and Deane
Electoral Ward
Eastrop & Grove
Westminster Constituency
Basingstoke

Supplier Information

Number of Suppliers
1
Supplier Name

CBRE CAPITAL ADVISORS

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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