Award

Commercial Rent Review Services

TEST VALLEY BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

27 Feb 2025 at 12:47

Summary of the contracting process

Test Valley Borough Council has completed the procurement process to appoint a consultant or firm to undertake and complete a specified number of rent reviews for the Council's estate assets at Portway Business Park in Andover. This tender, classified under real estate services, was conducted through an open procedure with a contract value of £100,000. The tender period ended on 24th January 2025, and the contract period spans from 14th February 2025 to 13th February 2027. The contract has been awarded to Carter Jonas LLP as of 17th February 2025.

This procurement offers significant business growth opportunities, especially for companies specialising in real estate services, including SMEs and VCSEs. The project involves conducting rent reviews for multiple estate assets, making it ideal for firms with expertise in property management and valuation. Businesses well-suited to this tender will benefit from long-term engagement with a reputable council and the potential for future collaborations through proven performance on this contract.

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Notice Title

Commercial Rent Review Services

Notice Description

Test Valley Borough Council is seeking to appoint consultant or firm to undertake and complete a specified number of rent reviews in respect of the Council's estate assets located at Portway Business Park, Andover.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-755da3b8-afdc-4de2-a01b-8c6b018e0caa
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9cc168d1-279f-4e62-9b4c-b96d68c63873
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£39,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Feb 202512 months ago
Submission Deadline
24 Jan 2025Expired
Future Notice Date
Not specified
Award Date
17 Feb 20251 years ago
Contract Period
17 Feb 2025 - 16 Feb 2027 1-2 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
TEST VALLEY BOROUGH COUNCIL
Contact Name
Dave Owers
Contact Email
dowers@testvalley.gov.uk
Contact Phone
+44 01264368000

Buyer Location

Locality
ANDOVER
Postcode
SP10 3AJ
Post Town
Salisbury
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ36 Central Hampshire
Delivery Location
TLJ South East (England)

Local Authority
Test Valley
Electoral Ward
Andover Millway
Westminster Constituency
North West Hampshire

Supplier Information

Number of Suppliers
1
Supplier Name

CARTER JONAS

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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