Award

Commercial Agency Services

BASINGSTOKE & DEANE BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

22 Jul 2024 at 08:08

Summary of the contracting process

Basingstoke & Deane Borough Council has awarded a contract for "Commercial Agency Services" to Vail Williams LLP. The contract, classified under Real Estate Services (CPV: 70000000), focuses on the council's investment and operational property portfolios, including lettings, re-lettings, and rent reviews. This contract encompasses the South East region of the United Kingdom. The procurement stage is now complete, with the contract set to commence on April 1st, 2024, and conclude on March 31st, 2027. The tender was conducted using a limited procurement method, specifically competitive quotation, and has an allocated budget of £75,000.

This tender presents significant opportunities for businesses specialising in commercial real estate services, particularly those capable of managing comprehensive property portfolios. Small and Medium Enterprises (SMEs) are especially well-suited to compete in such bids, as indicated by the council's suitability criteria. Companies that can provide efficient and effective property management solutions including rent reviews and lease negotiations stand to benefit substantially. The long duration of the contract also offers a stable revenue stream and opportunity to establish or strengthen relationships within the public sector.

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Notice Title

Commercial Agency Services

Notice Description

Commercial Agency Services for the council's Investment and Operational property portfolios to include lettings, re-lettings and rent reviews.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-873213d1-be55-4382-906d-3b41e2aa6d40
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b7cbd91b-36bd-439a-acad-ad3157e78b71
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
Not specified
Awards Value
£75,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Jul 20241 years ago
Submission Deadline
1 Mar 2024Expired
Future Notice Date
Not specified
Award Date
1 Mar 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2027 2-3 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
BASINGSTOKE & DEANE BOROUGH 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
BASINGSTOKE
Postcode
RG21 4AH
Post Town
Reading
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ37 North Hampshire
Delivery Location
TLJ South East (England)

Local Authority
Basingstoke and Deane
Electoral Ward
Eastrop & Grove
Westminster Constituency
Basingstoke

Supplier Information

Number of Suppliers
1
Supplier Name

VAIL WILLIAMS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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