Award

Riverside Asset Management Partner

CANTERBURY CITY COUNCIL

This public procurement record has 1 release in its history.

Award

21 Mar 2024 at 15:19

Summary of the contracting process

The Canterbury City Council has awarded the contract for the "Riverside Asset Management Partner" tender, aimed at maximising the performance of commercial areas and public spaces at The Riverside estate in Kingsmead, Canterbury, with a value of £850,000. The procurement method used was an open procedure, and the contract period is from January 1, 2024, to December 31, 2028.

This procurement opportunity created by the Canterbury City Council is suited for businesses providing commercial property management services. The award was granted to NewRiver REIT, highlighting the potential for established asset and property management firms to secure similar contracts in the future. The successful applicant, NewRiver REIT, will be responsible for the daily management of the designated areas, offering growth opportunities for similar service providers in the industry.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Riverside Asset Management Partner

Notice Description

Provision of an experienced asset and property manager to maximise the performance of and undertake the daily management of the commercial areas, public realm and common areas of the estate at the council's leisure led mixed use scheme "The Riverside" at Kingsmead, Canterbury.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-84ed7fdc-52a0-4f80-a0c5-4233938131b9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6418649c-a17c-4004-ab61-5f4105fc1b67
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
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70332200 - Commercial property management services

Notice Value(s)

Tender Value
£850,000 £500K-£1M
Lots Value
Not specified
Awards Value
£850,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Mar 20241 years ago
Submission Deadline
13 Mar 2023Expired
Future Notice Date
Not specified
Award Date
18 Dec 20232 years ago
Contract Period
1 Jan 2024 - 31 Dec 2028 Over 5 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
CANTERBURY CITY 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
CANTERBURY
Postcode
CT1 1YW
Post Town
Canterbury
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ44 East Kent
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
Canterbury
Electoral Ward
Northgate
Westminster Constituency
Canterbury

Supplier Information

Number of Suppliers
1
Supplier Name

NEWRIVER REIT

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-84ed7fdc-52a0-4f80-a0c5-4233938131b9-2024-03-21T15:19:45Z",
    "date": "2024-03-21T15:19:45Z",
    "ocid": "ocds-b5fd17-84ed7fdc-52a0-4f80-a0c5-4233938131b9",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CANT001-DN655267-55539852",
        "title": "Riverside Asset Management Partner",
        "description": "Provision of an experienced asset and property manager to maximise the performance of and undertake the daily management of the commercial areas, public realm and common areas of the estate at the council's leisure led mixed use scheme \"The Riverside\" at Kingsmead, Canterbury.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "70332200",
            "description": "Commercial property management services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "England",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 850000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2023-03-13T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2024-01-01T00:00:00Z",
            "endDate": "2028-12-31T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-6979",
            "name": "Canterbury City Council",
            "identifier": {
                "legalName": "Canterbury City Council"
            },
            "address": {
                "streetAddress": "Military Road",
                "locality": "Canterbury",
                "postalCode": "CT1 1YW",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Manu Chapman",
                "email": "procurement@canterbury.gov.uk",
                "telephone": "+44 1227862000"
            },
            "details": {
                "url": "http://www.canterbury.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-277821",
            "name": "NewRiver REIT",
            "identifier": {
                "legalName": "NewRiver REIT"
            },
            "address": {
                "streetAddress": "W1T 4DE"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-6979",
        "name": "Canterbury City Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-84ed7fdc-52a0-4f80-a0c5-4233938131b9-1",
            "status": "active",
            "date": "2023-12-18T00:00:00Z",
            "datePublished": "2024-03-21T15:19:44Z",
            "value": {
                "amount": 850000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-277821",
                    "name": "NewRiver REIT"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-01-01T00:00:00Z",
                "endDate": "2028-12-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/6418649c-a17c-4004-ab61-5f4105fc1b67",
                    "datePublished": "2024-03-21T15:19:44Z",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "description": "Advert",
                    "url": "https://procontract.due-north.com/Advert?advertId=61a3e425-33a9-ed11-811f-005056b64545"
                }
            ]
        }
    ]
}