Tender

Community Letting Opportunity - Rising Sun Farm

NORTH TYNESIDE COUNCIL

This public procurement record has 1 release in its history.

Tender

22 Mar 2024 at 13:52

Summary of the contracting process

The North Tyneside Council is seeking a long-term operator for the Rising Sun Farm property through a selective procurement process. The lease and management agreement will span 40 years, with responsibilities including maintenance of farm buildings and farmland. The contract value amounts to £3,600,000 GBP, with the tender deadline set for April 26, 2024, and the contract period starting on September 1, 2024, running until August 31, 2064. The procurement falls under the services category in the real estate agency services industry.

This opportunity provided by the North Tyneside Council is particularly suitable for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise organizations (VCSEs). Businesses interested in this tender should be prepared for a competitive negotiation process and have experience in real estate agency services. Geographic suitability extends to various regions, including the United Kingdom and beyond.

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Notice Title

Community Letting Opportunity - Rising Sun Farm

Notice Description

The Authority requires a long-term operator to enter into a Lease and Management Authority of 40 years, for the property of Rising Sun Farm. The successful Tenderer will enter into the Lease and Management Agreement and take full responsibility for the maintenance of all farm buildings and farmland and all financial outgoings for Rising Sun Farm. The successful Tenderer will have regard to the existing occupational interests of Rising Sun Farm. The rental income from the existing occupational interests will assist with the outgoings of Rising Sun Farm.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7da8d402-0428-4f79-92b3-3e4c0c4e0b3c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ef8860f2-8ff0-4a04-8c07-80916898dc9f
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
SME, VCSE
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
£3,600,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 Mar 20241 years ago
Submission Deadline
26 Apr 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Aug 2024 - 31 Aug 2064 Over 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
NORTH TYNESIDE 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
NORTH TYNESIDE
Postcode
NE27 0BY
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
Not specified

Local Authority
North Tyneside
Electoral Ward
Shiremoor
Westminster Constituency
Cramlington and Killingworth

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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