Tender

GB-London: FSCS443 Commercial Property Consultancy Services

FINANCIAL SERVICES COMPENSATION SCHEME

This public procurement record has 1 release in its history.

Tender

10 Nov 2022 at 14:25

Tender Notice
Summary of the contracting process

The Financial Services Compensation Scheme is seeking Commercial Property Consultancy Services in London. The tender involves researching and presenting a report on office location options, office space requirements, business disruption, financial implications, and potential premises for relocation. The tender has a minimum value of £50,000, a total value of £100,000, and an open procurement method with a tender deadline of 24th November 2022. The contract period runs from 1st April 2023 to 31st December 2025.

This opportunity is suited for Small or Medium Enterprises (SMEs) and provides a chance to offer non-residential property renting or leasing services to the Financial Services Compensation Scheme. Businesses with expertise in consultancy services related to office location strategy, commercial leases, and property relocation would be well-equipped to compete. The tender process is currently at the tender stage, offering potential for business growth in the services sector within the London region.

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Notice Information

Notice Title

GB-London: FSCS443 Commercial Property Consultancy Services

Notice Description

Consultant will research, draft and present a report to FSCS at or as soon as reasonably possible prior to 28th October 2023 to assist FSCS in making an informed decision relating to the location of the FSCS office post December 2025. The Office Location report will include but not be limited to: (i)How much office space FSCS the Service Provider reasonably estimates that FSCS currently requires to carry out its current operations, based on information provided by FSCS and its potential prospective future requirements over the next 10 years. (ii)Relocation of its premises to potential locations in London transport zones 1,2 or 3 as FSCS may notify to the Service Provider (each a 'Potential Relocation Area'). (iii)The business disruption FSCS will endure from 2024 whilst Beaufort House refurbishment works are in progress to include the timescales of disruption. (iv)The financial benefits of FSCS remaining at Beaufort House whilst refurbishment works are in progress. (v)fit-out of any new premises; and (vi)dilapidations strategy in respect of FSCS' premises at Beaufort House. (vii)A report and analysis as to the following (without limitation): a)the potential effects which relocation to each Potential Relocation Area may have on the time required for current FSCS staff to travel to work from their existing residential locations; and b)possible positive or negative implications for FSCS on staff retention which may thereby arise. The Service Provider shall include the following in the above report (without limitation): (viii)Commentary and analysis in the above report as to the relative advantages and disadvantages of the various options presented as against each other and as against FSCS deciding to extend or renew its existing lease not relocate its premises. (ix)Likely rent value ranges and associated costs for commercial leases at locations to which FSCS notifies to the Service Provider that it may consider relocating. (x)Identified and researched sample potential premises to which FSCS may consider relocating, together with estimated rent values and associated costs which FSCS would be likely to incur in such relocation. The Service Provider shall arrange viewings of commercial premises which FSCS may indicate to the Service Provider as being potential new premises for FSCS and accompany FSCS representatives during viewings of the same. The Service Provider if requested by FSCS, shall represent FSCS to existing and potential new landlords in accordance with FSCS's reasonable instructions at the time to seek to secure proposals for potential terms on which those landlords would in principle be willing to agree to enter into lease arrangements with FSCS. In doing so, the Service Provider shall not be FSCS's agent and shall not have - and shall not purport or represent to any party that it may have - any authority whatsoever to agree or enter into any contract or other commitment on FSCS's behalf. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c03813ed-52e2-431f-a7ac-da4bdc270e40
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/967fc559-c94c-4fb1-a68e-f0328791b3ec
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
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70220000 - Non-residential property renting or leasing services

Notice Value(s)

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

Notice Dates

Publication Date
10 Nov 20223 years ago
Submission Deadline
24 Nov 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2023 - 31 Dec 2025 2-3 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
FINANCIAL SERVICES COMPENSATION SCHEME
Contact Name
Jean Mutudza
Contact Email
jean.mutudza@fscs.org.uk
Contact Phone
02073758175

Buyer Location

Locality
LONDON
Postcode
EC3A 7QU
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London
Local Authority
City of London
Electoral Ward
Portsoken
Westminster Constituency
Cities of London and Westminster

Further Information

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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