Tender

Commercial Agency (Embankment House)

LEICESTERSHIRE COUNTY COUNCIL

This public procurement record has 4 releases in its history.

Tender

25 Nov 2021 at 09:59

Tender

25 Nov 2021 at 09:14

Tender

25 Nov 2021 at 09:13

Tender

25 Nov 2021 at 08:55

Summary of the contracting process

Leicestershire County Council is issuing a tender for a Commercial Agency role concerning the development land adjacent to Embankment House, located at Electric Avenue, Nottingham NG80 1EH. The procurement process is currently in the tender stage, with the tender period set to close on 27 December 2021. The project involves the development of a site extending to 2.24 hectares (5.54 acres), previously used as a power station, and is classified under the real estate services industry category. This contract is valued at £181,000 and is being procured through an open procedure method.

This tender presents significant opportunities for businesses specializing in real estate services and consultancy, particularly those experienced in site development, feasibility studies, and property marketing. Businesses that can provide insights into appropriate land uses and demands, as well as effective letting strategies, would be well-suited to compete. Given the scale of the project, small and medium-sized enterprises (SMEs) are encouraged to participate, as their innovative approaches can greatly benefit the buyer's objectives for the site development.

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Notice Title

Commercial Agency (Embankment House)

Notice Description

Leicestershire County Council owns the Development Land adjacent to Embankment House, Electric Avenue, Nottingham NG80 1EH. The County Council acquired Embankment House in February 2018 which comprises a 60,000 sq ft office building with potential development land located off Queens Drive as outlined in red on plan 1. The development land extends to 2.24 hectares (5.54 acres). The land currently comprises of raised landscaped areas which was formerly a power station. The extent of the site is understood to be underlain by basements and other geotechnical anomalies, infilled with demolition material. Leicestershire County Council are seeking to appoint an agent to act on our behalf in respect of developing and letting the aforementioned site. If appointed your advice and services would include: Brief 1: 1. If appointed, you will be required to inspect, consider the site and provide a viability report to provide the County Council with details of appropriate uses and demand for the site from a commercial perspective. Brief 2 is subject to the outcome of brief 1 and the outcome of planning discussions. Both briefs are to be tendered together. The County Council reserve the right pending the outcome of Brief 1 and planning discussions not to proceed with Brief 2. 1. Provision of a range of values (not red book valuation) and details of all/any options you consider appropriate. This element will include a feasibility review to include any uses you consider appropriate or high demand for in this area. 2. Advice on the appropriate method of letting. 3. Advice on whether offers should be conditional or unconditional. 4. Appropriate marketing of the property to include the preparation of letting particulars and marketing material. 5. Letting of the property on behalf of the County Council to include preparation of the Heads of Terms. 6. Working with the County Council's solicitors to agree the specific terms of the lease agreed.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7ac4bbae-a36d-4913-ac82-70247eb356d8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a1b1a494-217a-4486-87c4-95f772a14867
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

70000000 - Real estate services

Notice Value(s)

Tender Value
£181,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
25 Nov 20214 years ago
Submission Deadline
27 Dec 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Feb 2022 - 31 Jan 2026 4-5 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
LEICESTERSHIRE COUNTY COUNCIL
Contact Name
Ikram Mohemmed
Contact Email
ikram.mohemmed@leics.gov.uk
Contact Phone
+44 1163055688

Buyer Location

Locality
LEICESTER
Postcode
LE3 8RA
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF22 Leicestershire CC and Rutland
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
Blaby
Electoral Ward
Glenfield Faire
Westminster Constituency
Mid Leicestershire

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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