Award

CONTRACT FOR ASSET PURCHASE AND SALE INVESTMENT ADVICE AND ASSET PORTFOLIO MANAGEMENT SERVICE FOR NORTH WORCESTERSHIRE DISTRICT COUNCILS (REDDITCH, BROMSGROVE & WYRE FOREST)

WYRE FOREST DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

15 May 2020 at 13:59

Summary of the contracting process

The procurement process concerns the Wyre Forest District Council, which sought contracts for asset purchase, sale investment advice, and asset portfolio management services across the North Worcestershire Districts (Redditch, Bromsgrove & Wyre Forest). The contract, classified under real estate agency services, had a value of £300,000 and was procured through an open procedure. The contract period commenced on 18 January 2019 and concluded on 31 January 2021, with the final tender date concluded on 17 December 2018.

This tender represents significant opportunities for businesses involved in real estate services, particularly those offering investment advice and portfolio management capabilities. Suppliers with experience in local government contracts or those targeting similar demographics in the West Midlands region would be well-positioned to engage in future procurement processes akin to this one, fostering potential growth within the sector.

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Notice Title

CONTRACT FOR ASSET PURCHASE AND SALE INVESTMENT ADVICE AND ASSET PORTFOLIO MANAGEMENT SERVICE FOR NORTH WORCESTERSHIRE DISTRICT COUNCILS (REDDITCH, BROMSGROVE & WYRE FOREST)

Notice Description

Non - Award of Contract - Asset Purchase and Sale Investment advice

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a1e1dfb4-f0f3-479c-b011-1fed63a759ef
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c9d3266d-8a4d-4d61-9b2f-01ba63e0c81d
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
Not specified
Awardee Scale
Large

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
£300,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 May 20205 years ago
Submission Deadline
17 Dec 2018Expired
Future Notice Date
Not specified
Award Date
29 Jan 20197 years ago
Contract Period
30 Jan 2019 - 31 Jan 2019 30 days
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
WYRE FOREST DISTRICT 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
KIDDERMINSTER
Postcode
DY11 7WF
Post Town
Dudley
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG12 Worcestershire CC
Delivery Location
TLG West Midlands (England)

Local Authority
Wyre Forest
Electoral Ward
Mitton
Westminster Constituency
Wyre Forest

Supplier Information

Number of Suppliers
1
Supplier Name

NON AWARD

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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