Award

CWC23172 - i54 Commercial Property Agent

WOLVERHAMPTON CITY COUNCIL

This public procurement record has 1 release in its history.

Award

23 Jul 2024 at 08:55

Award Notice
Summary of the contracting process

Wolverhampton City Council, in partnership with Staffordshire County Council (SCC), has awarded a contract titled "CWC23172 - i54 Commercial Property Agent" for the provision of commercial property agent services. This contract falls under the industry category of Real Estate Services (CPV 70000000) and involves marketing and selling land at the i54 western extension. The procurement stage is at the award stage, with the contract period beginning on 1st April 2024 and ending on 31st March 2029. Key services required include local, national, and international representation, market appraisal, and strategy development to attract advanced manufacturing employers. The direct award contract has a value of £250,000 and is suited for small and medium-sized enterprises (SMEs).

This tender presents significant growth opportunities for businesses involved in commercial real estate and marketing. Companies specialising in commercial property agency, market appraisal, and strategic marketing would find this contract notably beneficial for expanding their operations and enhancing their client base. The collaboration with joint venture partners aims at developing a premier site for advanced manufacturing, making it an ideal opportunity for property agents with expertise in industrial markets. Additionally, the extended contract period offers long-term engagement, stability, and potential for continued business growth.

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Notice Information

Notice Title

CWC23172 - i54 Commercial Property Agent

Notice Description

Wolverhampton City Council and Staffordshire County Council (SCC) as joint venture partners require the provision of commercial property agent services to continue the marketing and sale of land at the i54 western extension. The Council and SCC require the agent to provide the following services: * Local, national and international representation * Commercial property agency, marketing and promotion * Market appraisal and advice on price for marketing purposes * Agreement on appropriate marketing strategy to achieve the joint venture aims of attracting advanced manufacturing employers * Participation in evaluation of offers and making of recommendations * Certification of agreed terms as compliant with S123 Local Government Act 1972

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-da36ec30-ca23-4a62-be9f-8c690150389d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/45b4d081-1128-488e-92f6-a15f3fecac62
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£250,000 £100K-£500K
Lots Value
Not specified
Awards Value
£250,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jul 20241 years ago
Submission Deadline
23 Mar 2024Expired
Future Notice Date
Not specified
Award Date
31 Mar 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2029 Over 5 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
WOLVERHAMPTON CITY 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
WOLVERHAMPTON
Postcode
WV1 1RL
Post Town
Wolverhampton
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG39 Wolverhampton
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Wolverhampton
Electoral Ward
St Peters
Westminster Constituency
Wolverhampton West

Supplier Information

Number of Suppliers
1
Supplier Name

JONES LANG LASALLE

Further Information

Notice Documents

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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