Tender

Met Office - Estate agency services procurement for the disposal of the Exeter Science Park leasehold property

MET OFFICE

This public procurement record has 1 release in its history.

Tender

15 Nov 2024 at 15:39

Summary of the contracting process

The Met Office has initiated a procurement process for the provision of commercial real estate agency services to manage the disposal of its leasehold property at the Exeter Science Park. This tender, issued on 15 November 2024, seeks qualified agents with expertise in commercial property and data centres. The total contract value is estimated at £240,000, and the procurement method is an open procedure. The deadline for tender submissions is 10 January 2025, with the contract period commencing on 17 February 2025 and concluding on 31 March 2027. The procurement falls under the CPV category 70000000 for real estate services and is open to SMEs but not VCSEs.

This procurement provides a significant opportunity for commercial real estate agencies, particularly those with experience in handling science and research-based properties. The successful bidder will be tasked with ensuring the sale achieves market value under the constraints of the 999-year leasehold interest, which includes not splitting the data centre from the office space. This opportunity could facilitate business growth by expanding market reach and expertise in specialised property transactions. Real estate agencies with a strong portfolio in data centre management and a robust understanding of scientific property needs will find this tender particularly suited to their capabilities.

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Notice Title

Met Office - Estate agency services procurement for the disposal of the Exeter Science Park leasehold property

Notice Description

The Met Office is seeking to engage commercial real estate agency services in respect of the proposed disposal of the Met Office Exeter Science Park (ESP) complex. This project is to deliver the disposal of the ESP complex within the terms of the Met Office 999-year leasehold interest. The main limits of the leasehold are that the owner must have a Science and/or Research basis for their work, and that the ESP complex must be sold as a whole, meaning we cannot split the DC from the Office space. To help us manage this and achieve best Market Value, we will engage the services of a commercial property agent with data centre expertise. Additional information: The procurement documents are available for unrestricted and full direct access, free of charge, at https://procontract.due-north.com Tenders or requests to participate must be submitted electronically via https://procontract.due-north.com

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9ded18ea-fe00-44d5-86d3-c65d57471545
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c6ee3046-cbc1-476b-b09e-2c3a9ce88f00
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

70000000 - Real estate services

Notice Value(s)

Tender Value
£240,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Nov 20241 years ago
Submission Deadline
10 Jan 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
17 Feb 2025 - 31 Mar 2027 2-3 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
MET OFFICE
Contact Name
Karyn Marsden Jones
Contact Email
karyn.marsdenjones@metoffice.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
EXETER
Postcode
EX1 3PB
Post Town
Exeter
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK43 Devon CC
Delivery Location
Not specified

Local Authority
Exeter
Electoral Ward
Pinhoe
Westminster Constituency
Exmouth and Exeter East

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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