Award

CBC-1758-T-TH Property Sales Service - AWARD

CENTRAL BEDFORDSHIRE COUNCIL

This public procurement record has 1 release in its history.

Award

03 Feb 2025 at 10:05

Award Notice
Summary of the contracting process

Central Bedfordshire Council has awarded a contract for property sales services under the title "CBC-1758-T-TH Property Sales Service - AWARD". This procurement falls under the industry category of sales and purchases recording services and is focused on the real estate market. The contract was awarded to Connells Residential and will facilitate the disposal of Council-owned domestic properties, with the aim of modernising the housing portfolio. Located in the East of England, specifically Shefford, the contract period begins on 7 February 2025 and ends on 6 February 2026. The tender was in the award stage as of 3 February 2025, with the Council planning to sell between 30 to 60 properties annually and valuing the contract at £90,000.

This contract presents a significant growth opportunity for businesses specialising in real estate services, particularly those experienced in handling large-scale property sales. Estate agents with expertise in property valuation, online marketing, and professional client representation will find this contract particularly relevant. The successful business will be responsible for a comprehensive range of services including property valuation, instruction, and selling, thus ensuring a steady stream of work and revenue. Small and medium-sized enterprises (SMEs) are encouraged to compete, aligning with the Council's suitability criteria for this tender.

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Notice Information

Notice Title

CBC-1758-T-TH Property Sales Service - AWARD

Notice Description

Central Bedfordshire Council is planning to increase the number of property disposals as part of a strategic approach to modernising the property portfolio through reinvestment in more modern, warmer and energy efficient homes. The Housing Service requires a professional 'Estate Agency' service to help sell the required properties. The plan is to dispose of between 30 to 60 properties each year, although this could increase. To demonstrate the potential value of the contract, a typical cost of 1% of the sales price, with an average of PS250,000/property, results in fees of PS2,500. For 30 disposals, the total value is PS75,000. We require the complete services of an estate agent to sell Council owned domestic properties. The service should include the following: * Valuation - we require the property to be visited within three working days of request, for a valuation of the property and an explanation of how the valuation was arrived at, including a best price guide. The valuation and other appropriate advice concerning the proposed sale, must be in writing to enable the Council to consider the sales approach. The visit will normally be accompanied with a Council Officer but may be unaccompanied using a key safe. * Instruction - where the valuation is agreed/approved, the sale of the property will be confirmed through instruction. * Selling - once instructed, we require the property to be advertised online via Rightmove, Zoopla, and everywhere else buyers look. We require that you host viewings on behalf of the Council, and that you always act professionally on behalf of the Council. We require you to take and consider offers made, putting offers to the Council along with advice and/or recommendations concerning the offer. Where appropriate, you should negotiate the best price (all with our approval). Please confirm your fee basis, i.e. whether you charge a percentage of the agreed sale price and if so, what percentage you charge. Alternatively, please confirm whether you charge a fixed fee for a completed property sale, and what that fee would be.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fac289f5-4e91-4317-99a9-49559d8a7c5c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/12ef1db5-e93a-4534-88c8-11821e98f516
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

75 - Administration, defence and social security services

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

70000000 - Real estate services

70100000 - Real estate services with own property

70110000 - Development services of real estate

70111000 - Development of residential real estate

70120000 - Buying and selling of real estate

70123000 - Sale of real estate

70333000 - Housing services

75123000 - Administrative housing services

79211120 - Sales and purchases recording services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£90,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Feb 20251 years ago
Submission Deadline
6 Jan 2025Expired
Future Notice Date
Not specified
Award Date
30 Jan 20251 years ago
Contract Period
7 Feb 2025 - 6 Feb 2026 6-12 months
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
CENTRAL BEDFORDSHIRE COUNCIL
Contact Name
Tracey Horner
Contact Email
tracey.horner2@centralbedfordshire.gov.uk
Contact Phone
0300 300 8000

Buyer Location

Locality
SHEFFORD
Postcode
SG17 5TQ
Post Town
Stevenage
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH25 Central Bedfordshire
Delivery Location
Not specified
Local Authority
Central Bedfordshire
Electoral Ward
Shefford
Westminster Constituency
Hitchin

Supplier Information

Number of Suppliers
1
Supplier Name

CONNELLS RESIDENTIAL

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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