Award

Property Management Services

UTTLESFORD DISTRICT COUNCIL

This public procurement record has 2 releases in its history.

AwardUpdate

15 Sep 2023 at 09:27

Award Notice
Award

07 Sep 2023 at 11:36

Award Notice
Summary of the contracting process

The Uttlesford District Council has awarded a contract for Property Management Services to CUSHMAN & WAKEFIELD DEBENHAM TIE LEUNG LIMITED. The contract, worth £1,000,000 GBP, was awarded through a selective procurement method as a call-off from a framework agreement. The tender period ended on 3rd September 2023 with a contract period starting on 4th September 2023 and ending on 3rd September 2024. The procurement process was completed on 15th September 2023, with the award notice published on 7th September 2023. The location of the procurement is in the East of England within the services industry category.

This contract presents an opportunity for businesses in the property management services sector to grow their operations. Companies with a large-scale capacity and experience in real estate management would be well-suited to compete for this contract. The contract was initiated by the Uttlesford District Council, providing a chance for suppliers to engage with local government contracts. The award to CUSHMAN & WAKEFIELD DEBENHAM TIE LEUNG LIMITED highlights an example of successful participation in public procurement processes, demonstrating the potential for other suppliers to secure similar contracts in the future.

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Notice Information

Notice Title

Property Management Services

Notice Description

. Transaction Management a. Supporting the Client in determining the optimal structuring of the transaction, in light of the 50% ownership share b. Developing and executing an optimal strategy for serving and dealing with the ROFO c. Constructing a bespoke cashflow to be used in appraising disposal options and adapted for marketing purposes d. Providing the Client with information and financial analytics required to secure their relevant approvals to the proposed disposal. e. Working with the appointed legal and tax advisors to establish the optimal tax and governance structure, in light of the 50% ownership share f. Undertaking detailed due diligence ahead of marketing. Including but not limited to:- * Review of title information provided by the Client's lawyers * Review of detailed tenancy schedule, non-recoverable opex, occupier financial covenant information, park running costs and service charge budgets * Review of ground surveys and advising on commissioning of new surveys if appropriate * Review of building survey information and advising on commissioning of new surveys if appropriate * Review of flood assessment reports * Review of Cost programme and development costs for development plots Technical Building Surveys Exact scope of services to be agreed and determined following instruction. Services envisaged for a project of this nature include; a. Document Review - review key technical and legal documentation that is provided to it. b. Property Inspection - carry out an inspection of each Property in a single visit, subject to any restrictions imposed by the Client/occupier and any safety considerations. The scope of the inspection is indicated in item 1 of the Basis of Appointment below. Roofs and high-level elements will largely be inspected from ground level and vantage points available. Cherry picker mobile access platforms will be hired if necessary. During the inspection enquiries will be made to the building manager or any technical representatives who are available for consultation. Fee Calculation

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cd003598-4844-4111-a6da-e76addda60ab
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d9fff3ec-0a1e-44ab-8e6d-1cdf946f6073
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70330000 - Property management services of real estate on a fee or contract basis

Notice Value(s)

Tender Value
£1,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
15 Sep 20232 years ago
Submission Deadline
3 Sep 2023Expired
Future Notice Date
Not specified
Award Date
5 Sep 20232 years ago
Contract Period
3 Sep 2023 - 3 Sep 2024 1-2 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UTTLESFORD DISTRICT COUNCIL
Additional Buyers

CHELMSFORD CITY COUNCIL

Contact Name
Ben Glasson
Contact Email
ben.glasson@chelmsford.gov.uk
Contact Phone
44 1245 606776

Buyer Location

Locality
CHELMSFORD
Postcode
CM1 1JE
Post Town
Chelmsford
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH36 Heart of Essex
Delivery Location
Not specified
Local Authority
Chelmsford
Electoral Ward
Marconi
Westminster Constituency
Chelmsford

Supplier Information

Number of Suppliers
1
Supplier Name

CUSHMAN & WAKEFIELD DEBENHAM TIE LEUNG

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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