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.

Tender

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

MET OFFICE

Contract Timeline

Publication Date

15th November 2024 15:39:31 PM

Tender Deadline

10th January 2025 12:00:00 PM 38 days remaining
Contract Summary

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
Contract Details

Open Contracting ID

ocds-b5fd17-9ded18ea-fe00-44d5-86d3-c65d57471545

Publication Source

Contracts Finder

Procurement Stage

Tender

Procurement Method

Open

Procurement Method Details

Open Procedure (above Threshold)

Procurement Category

Services

Tender Suitability

SME

Framework / DPS
Contract Classification

CPV Code(s)

70000000

CPV Division(s)

70 - Real estate services
Awarding Authority

MET OFFICE

Buyer Name

Karyn Marsden Jones

Buyer Email

karyn.marsdenjones@metoffice.gov.uk

Buyer Phone

Buyer Address

Fitzroy Road

Exeter

EX1 3PB

England

View contract on Contracts Finder

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

MET OFFICE

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority