Award

Further Competition - Asset Development and Disposals Programme. Agency, Valuers and Consultancy

SOUTHAMPTON CITY COUNCIL

This public procurement record has 1 release in its history.

Award

28 Mar 2025 at 11:29

Award Notice
Summary of the contracting process

Southampton City Council has completed an Asset Development and Disposals Programme aimed at driving Southampton's growth via the retention, development, or disposal of the council's portfolio resulting in £85m of capital receipts over the next three years. This tender for multi-dwelling buildings construction work falls under the industry category of works and is located across various regions including the United Kingdom, Europe, and other global territories. The contract was awarded to Avison Young (UK) Limited on 28th March 2025, with the contract period stretching from 22nd July 2024 to 21st July 2027.

This tender opens significant opportunities for businesses involved in construction and real estate consultation. Given the substantial budget of £500,000 GBP, companies specialising in asset development, property valuation and consultation services stand to benefit considerably. The tender is particularly suited to medium to large-sized companies capable of handling such comprehensive and multi-region projects, focusing on the development and disposal of varied portfolios. As the council aims to maximise value from their assets, this programme offers lucrative prospects for companies looking to expand their portfolio and presence in both local and international markets.

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Notice Information

Notice Title

Further Competition - Asset Development and Disposals Programme. Agency, Valuers and Consultancy

Notice Description

Southampton City Council (SCC) has launched an Asset Development and Disposals Programme (ADDP). The purpose of the programme is "Driving Southampton's growth through the retention, development or disposal of SCC's corporate, operational and investment portfolio, whilst delivering PS85m of capital receipts over the next 3 years.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ea424d4b-8cd5-4de6-a338-bdf680c9b4ae
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f8efb3ff-3239-4123-823b-3214a46a8564
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

CPV Codes

45211340 - Multi-dwelling buildings construction work

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
28 Mar 202511 months ago
Submission Deadline
12 Jun 2024Expired
Future Notice Date
Not specified
Award Date
28 Mar 202511 months ago
Contract Period
21 Jul 2024 - 21 Jul 2027 2-3 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
SOUTHAMPTON CITY COUNCIL
Contact Name
Kate Tarrant
Contact Email
tendermanagement@southampton.gov.uk
Contact Phone
023 8083 3000

Buyer Location

Locality
SOUTHAMPTON
Postcode
SO14 7LY
Post Town
Southampton
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ32 Southampton
Delivery Location
Not specified
Local Authority
Southampton
Electoral Ward
Bargate
Westminster Constituency
Southampton Itchen

Supplier Information

Number of Suppliers
1
Supplier Name

AVISON YOUNG (UK

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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