Tender

CBC-1758-T-TH Property Sales Service

CENTRAL BEDFORDSHIRE COUNCIL

This public procurement record has 2 releases in its history.

TenderAmendment

10 Dec 2024 at 08:02

Tender Notice
Tender

09 Dec 2024 at 10:09

Tender Notice
Summary of the contracting process

Central Bedfordshire Council has issued a tender titled "CBC-1758-T-TH Property Sales Service," aimed at engaging a professional estate agency service to facilitate the sale of 30 to 60 council-owned domestic properties annually. This initiative supports the Council's strategic goal of modernising its property portfolio by reinvesting in more energy-efficient homes. The procurement process, currently at the tender stage, is classified under the industry category of "Sales and purchases recording services" (CPV code 79211120) with several related classifications. The tender, featuring an open procedure (below threshold), was published on 9 December 2024, with a closing date of 6 January 2025. The contract is scheduled to commence on 3 February 2025 and conclude on 3 February 2026, and the service is concentrated in the East of England, specifically within the postal code SG17 5TQ.

This tender presents significant opportunities for business growth, particularly for estate agencies experienced in selling residential properties and providing comprehensive sales services, including property valuation, advertising, hosting viewings, and negotiating offers. SMEs are encouraged to compete, given the Council's preference for such enterprises. The contract's estimated value, based on a typical fee of 1% of the sales price, offers financial incentives for businesses, potentially amounting to £75,000 for 30 property disposals. Suitable businesses will need to demonstrate their capability to deliver quick and efficient property valuation and sales services, ensuring all transactions align with the Council’s requirements for transparency and professionalism.

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Notice Information

Notice Title

CBC-1758-T-TH Property Sales Service

Notice Description

Central Bedfordshire Council is planning to increase the number of property disposals as part of a strategic approach to modernising the property portfolio through reinvestment in more modern, warmer and energy efficient homes. The Housing Service requires a professional 'Estate Agency' service to help sell the required properties. The plan is to dispose of between 30 to 60 properties each year, although this could increase. To demonstrate the potential value of the contract, a typical cost of 1% of the sales price, with an average of PS250,000/property, results in fees of PS2,500. For 30 disposals, the total value is PS75,000. We require the complete services of an estate agent to sell Council owned domestic properties. The service should include the following: * Valuation - we require the property to be visited within three working days of request, for a valuation of the property and an explanation of how the valuation was arrived at, including a best price guide. The valuation and other appropriate advice concerning the proposed sale, must be in writing to enable the Council to consider the sales approach. The visit will normally be accompanied with a Council Officer but may be unaccompanied using a key safe. * Instruction - where the valuation is agreed/approved, the sale of the property will be confirmed through instruction. * Selling - once instructed, we require the property to be advertised online via Rightmove, Zoopla, and everywhere else buyers look. We require that you host viewings on behalf of the Council, and that you always act professionally on behalf of the Council. We require you to take and consider offers made, putting offers to the Council along with advice and/or recommendations concerning the offer. Where appropriate, you should negotiate the best price (all with our approval). Please confirm your fee basis, i.e. whether you charge a percentage of the agreed sale price and if so, what percentage you charge. Alternatively, please confirm whether you charge a fixed fee for a completed property sale, and what that fee would be. Additional information: Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b0089ed1-b64e-4d37-a7bd-ffe939fe1870
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d99c61b4-b133-4dd6-bfd8-224e768f1b1a
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 (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

75 - Administration, defence and social security services

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

70000000 - Real estate services

70100000 - Real estate services with own property

70110000 - Development services of real estate

70111000 - Development of residential real estate

70120000 - Buying and selling of real estate

70123000 - Sale of real estate

70333000 - Housing services

75123000 - Administrative housing services

79211120 - Sales and purchases recording services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Dec 20241 years ago
Submission Deadline
6 Jan 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
3 Feb 2025 - 3 Feb 2026 1-2 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
CENTRAL BEDFORDSHIRE 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
SHEFFORD
Postcode
SG17 5TQ
Post Town
Stevenage
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH25 Central Bedfordshire
Delivery Location
Not specified
Local Authority
Central Bedfordshire
Electoral Ward
Shefford
Westminster Constituency
Hitchin

Further Information

Notice Documents

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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