Tender

Request for Quotation for the Provision of a Real Estate Development Advisor to the Council

BURY COUNCIL

This public procurement record has 1 release in its history.

Tender

12 Jan 2024 at 11:48

Tender Notice
Summary of the contracting process

The Bury Council has issued a tender titled "Request for Quotation for the Provision of a Real Estate Development Advisor to the Council" as part of a procurement process for real estate services in the North-West region of England. The procurement stage is currently active, with a closing deadline for quotation submissions set for 12.00 noon on Monday 5th February 2024.

This tender presents an opportunity for businesses with expertise in real estate development and knowledge of the North-West market to provide technical support to the council. The procurement method is a limited competitive quotation process, offering a contract period starting from 1st March 2024 to 28th February 2025, extendable for two more 12-month periods. Businesses with experience in land negotiation, development economics, and public funding for development schemes would be well-suited to compete for this opportunity.

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Notice Information

Notice Title

Request for Quotation for the Provision of a Real Estate Development Advisor to the Council

Notice Description

Bury Council is seeking to appoint the continuation of a Real Estate Development Advisor to provide technical development support to the Council in bringing forwards key development opportunities. The Council's current contract for this service has now expired and there is a need for its continuation, hence offering this opportunity out. * Detailed knowledge of the North-West real estate market. * Direct experience of taking sites out to the market to secure development. * Fundamental understanding of development economics and how these apply to public land being primed for development. * Evidence of comprehensive experience of negotiating land and property agreements with developers. * Detailed ability to review and advise the Council on development appraisals. * An in-depth understanding of overage agreements, and a capability to critically assess the costs and values supplied by the developer in relation to the overage agreement and to propose a negotiating position for the Council. * Detailed understanding of the capability of the Council and other public bodies to provide funding to support development schemes (Subsidy Control and the broad principles of public investment). The initial contract period will commence on 1st March 2024 to 28th February 2025 with an option to extend for two further 12-month periods until 28th February 2027. All paperwork and correspondence via the CHEST/Proactis portal. Closing time and date for quotation submissions: No later than 12.00 noon on Monday 5th February 2024

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f8773d11-b76a-4309-a48d-4a1d8a5dd1f4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6f5d5145-dac6-4732-be5d-3b226e67e0d3
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£40 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Jan 20242 years ago
Submission Deadline
5 Feb 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
6 Mar 2024 - 28 Feb 2025 6-12 months
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
BURY 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
BURY
Postcode
BL9 0EJ
Post Town
Bolton
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD37 Greater Manchester North East
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
Bury
Electoral Ward
Bury East
Westminster Constituency
Bury North

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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