Planning

Managing Agent - Property Acquisitions & Improvement programme

LAMPTON INVESTMENT & DEVELOPMENT 360

This public procurement record has 2 releases in its history.

Planning

23 Aug 2021 at 11:03

Planned Procurement Notice
Planning

20 Aug 2021 at 12:45

Planned Procurement Notice
Summary of the contracting process

Lampton Investment & Development 360 is seeking expressions of interest for the position of Managing Agent to oversee a Property Acquisitions & Improvement programme within the London Borough of Hounslow. The anticipated contract, valued at approximately £7 million, is planned to commence on 11th October 2021 and will run for an initial three-year period, concluding on 11th October 2024. Interested parties may submit their expressions of interest from 20th August 2021 until 13th September 2021, with the tender phase expected to start shortly thereafter. The procurement is currently in the planning stage, and the associated industry category is Architectural, construction, engineering, and inspection services.

This procurement opportunity presents significant growth prospects for businesses specialising in property management, acquisition, and related services in the Hounslow area. Companies with relevant expertise, particularly those holding RICS accreditation and membership to the Property Ombudsman and TRUSTMARK, will be particularly well-suited. Having a local office in Hounslow could be advantageous, as the contract requires responsive service delivery. Furthermore, small and medium-sized enterprises (SMEs) are encouraged to apply, given that the managing agent function will not permit subcontracting.

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Notice Information

Notice Title

Managing Agent - Property Acquisitions & Improvement programme

Notice Description

Lampton Investment & Development 360 are seeking to appoint a single Managing Agent to manage a Property Acquisitions & Improvement programme with an initial term of 3 years. The successful Managing Agent will need to have a track record to demonstrate their experience, knowledge and capability in acquiring properties in the London Borough of Hounslow region. Other requirements include, but are not limited to, holding RICS accreditation, membership to the Property Ombudsman and TRUSTMARK. The successful Managing Agent will be expected to work alongside Lampton Investment & Development 360 to draft a specification and pricing schedule for 1) Void work and 2) a Reactive / Planned Repair and Maintenance contract. The Managing Agent contract will include Key Performance Indicators which require extremely quick turnaround responses. Therefore it may be beneficial for those intending to express and interest to this Notice to consider establishing an office within the London Borough of Hounslow. No sub-contracting of the Managing Agent function will be permitted. The purpose of this Notice is a call for expressions of interest in order to create a select list of interested companies who will receive a tender pack after the initial period for expressions of interest expires. Please note the tender process will include financial and background assessments which will be covered in the tender pack. The expression of interest date commences on the 20th August 2021 at 14:00 and will expire on the 13th September 2021 at 17:00. It is intended the Tender period to commence shortly after the 13th September 2021. The estimated contract value is PS7m , the actual out turn is unknown. However it is believed the estimation is a true reflection of the Managing Agent contract value, this is at the lower end of the estimation.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-70563ce2-0b45-4547-be1f-e2181f86e0f4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1bb1f10e-5687-48b8-b461-7250734b5749
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planned Procurement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

CPV Codes

71000000 - Architectural, construction, engineering and inspection services

Notice Value(s)

Tender Value
£7,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Aug 20214 years ago
Submission Deadline
Not specified
Future Notice Date
14 Sep 2021Expired
Award Date
Not specified
Contract Period
10 Oct 2021 - 11 Oct 2024 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Cancelled
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LAMPTON INVESTMENT & DEVELOPMENT 360
Contact Name
Not specified
Contact Email
procurement@hounslow.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
HOUNSLOW
Postcode
TW3 3EB
Post Town
Twickenham
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI7 Outer London - West and North West
Small Region (ITL 3)
TLI75 Hounslow and Richmond upon Thames
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Hounslow
Electoral Ward
Hounslow West
Westminster Constituency
Feltham and Heston

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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