Tender

Market Rent The tender process was terminated as it was not financially viable to outsource this service. All bidders have been informed and provided with detailed feedback

FUTURES HOUSING GROUP LIMITED

This public procurement record has 2 releases in its history.

TenderAmendment

30 Jun 2020 at 08:10

Tender Notice
Tender

03 Apr 2020 at 11:22

Tender Notice
Summary of the contracting process

The tender process titled "Market Rent" was initiated by Futures Housing Group Limited, aiming to secure a provider for market rent management services over a three-year period, with the option to extend for up to 12 months on two separate occasions. The tender was classified under the real estate agency services category and was conducted through an open procedure above the threshold. Initial bids were due by 4 May 2020, with a contract start date set for 1 July 2020 and concluding on 30 June 2023. Notably, the current tender process has been terminated due to financial viability concerns regarding the outsourcing of this service.

This opportunity for market rent management can significantly bolster the growth of businesses specialising in real estate services, particularly small and medium-sized enterprises (SMEs). Companies experienced in property management and those offering related consultancy services would be well-suited to engage in similar future tenders. As the Futures Housing Group has provided detailed feedback to all bidders, businesses can glean valuable insights on how to improve their proposals for upcoming procurement opportunities.

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Notice Information

Notice Title

Market Rent The tender process was terminated as it was not financially viable to outsource this service. All bidders have been informed and provided with detailed feedback

Notice Description

Futures Housing Group is looking to appoint a provider for market rent management for a period of 3 years with the option to extend for up to 12 months on up to 2 separate occasions, details of which are available at https://www.procuringourfutures.co.uk/?post_type=tenders&p=1853&preview=true The tender process was terminated as it was not financially viable to outsource this service. All bidders have been informed and provided with detailed feedback Additional information: The tender process was terminated as it was not financially viable to outsource this service. All bidders have been informed and provided with detailed feedback

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-79666027-1f85-4c1c-a32a-afeb49738206
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/904d6b63-c072-41a4-b29d-51dd6e4a0215
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 (above threshold)
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jun 20205 years ago
Submission Deadline
4 May 2020Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Jun 2020 - 30 Jun 2023 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FUTURES 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
RIPLEY
Postcode
DE5 3SW
Post Town
Derby
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF13 South and West Derbyshire
Delivery Location
Not specified
Local Authority
Amber Valley
Electoral Ward
Crich & South Wingfield
Westminster Constituency
Amber Valley

Further Information

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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