Tender

CONTRACT FOR ASSET PURCHASE AND SALE INVESTMENT ADVICE AND ASSET PORTFOLIO MANAGEMENT SERVICE FOR NORTH WORCESTERSHIRE DISTRICT COUNCILS (REDDITCH, BROMSGROVE & WYRE FOREST)

WYRE FOREST DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Tender

16 Nov 2018 at 15:27

Summary of the contracting process

The Wyre Forest District Council is seeking tenders for the "Contract for Asset Purchase and Sale Investment Advice and Asset Portfolio Management Service" aimed at enhancing revenue-generating investments across Redditch, Bromsgrove, and Wyre Forest. This procurement process is currently in the Tender stage, with an end date for submissions set for 12 noon on 17th December 2018. The contract will commence on 18th January 2019 and is valued at £300,000. The primary industry category is real estate agency services, specifically focusing on services offered on a fee or contract basis, and the procurement method employed is an open procedure. The service location is in the West Midlands region of the United Kingdom.

This procurement opportunity presents a significant avenue for business growth, particularly for small and medium-sized enterprises (SMEs) specialising in investment advice and asset management. Companies with expertise in aligning investment portfolios with economic strategies aimed at supporting sustainable revenue for public services would be well-positioned to compete. Firms that excel in navigating complex procurement processes and demonstrating a capacity to deliver sustainable long-term solutions will find this tender particularly appealing.

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Notice Title

CONTRACT FOR ASSET PURCHASE AND SALE INVESTMENT ADVICE AND ASSET PORTFOLIO MANAGEMENT SERVICE FOR NORTH WORCESTERSHIRE DISTRICT COUNCILS (REDDITCH, BROMSGROVE & WYRE FOREST)

Notice Description

Wyre Forest District Council wishes to appoint a Contractor to advise on the purchase of revenue generating investments that meet the Councils' adopted strategies (supporting economic growth and regeneration) and as part of the Councils' medium term financial strategies to build their respective portfolios of assets that will provide a sustainable long term revenue stream to support the continued delivery of each of the Councils' services to their residents. The appointment will be by way of competitive Tender via the Open Route on OJEU. The deadline for submission of completed Invitation to Tender is Monday 17th December 2018 at 12 noon to the Procontract Due North Portal https://procontract-duenorth.com Due North Reference: DN376749

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6c7178c1-a720-4c2e-a3e5-0ee7c83dc219
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/183abb9a-0a87-4490-8c95-10f71561429a
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
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70300000 - Real estate agency services on a fee or contract basis

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Nov 20187 years ago
Submission Deadline
17 Dec 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
18 Jan 2019 - 31 Jan 2021 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
WYRE FOREST DISTRICT 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
KIDDERMINSTER
Postcode
DY11 7WF
Post Town
Dudley
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG12 Worcestershire CC
Delivery Location
TLG West Midlands (England)

Local Authority
Wyre Forest
Electoral Ward
Mitton
Westminster Constituency
Wyre Forest

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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