Award

South Cambridgeshire District Council - Commercial Property Acquisition and Management Services

SOUTH CAMBRIDGESHIRE DISTRICT COUNCIL

This public procurement record has 2 releases in its history.

Award

21 Apr 2021 at 13:04

Tender

08 Mar 2021 at 16:08

Summary of the contracting process

The South Cambridgeshire District Council is currently engaged in a public procurement process for "Commercial Property Acquisition and Management Services." This tender, classified under real estate services, aims to provide advisory services for acquiring and managing commercial property investments that align with the council's strategies to foster economic growth and sustainability. The procurement method is open, and the submission deadline for bids is set for 8 April 2021. The contract encompasses a duration of two years, with the possibility of extensions, and is situated in the Cambridgeshire region, UK. The contract value is estimated at £222,838 and aims to ensure long-term revenue for the council's services.

This tender presents significant opportunities for businesses specialising in real estate advisory services, particularly those with experience in local government contracts and managing property investments. Companies capable of sourcing new investment opportunities and providing strategic guidance on acquisitions would find this tender well-suited for their expertise. Additionally, businesses that have a proven track record in compliance with investment strategies and financial management could significantly benefit from engaging with this contract, thereby supporting the council in achieving its long-term financial goals.

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Notice Title

South Cambridgeshire District Council - Commercial Property Acquisition and Management Services

Notice Description

SCDC wishes to appoint a contractor to provide a service to advise on the acquisition and management of commercial property investments that meet the Councils adopted strategies (supporting economic growth and regeneration) and as part of the Councils medium term financial strategies to build its portfolios of assets that will provide a sustainable long term revenue stream to support the continued delivery of the Councils services to their residents. SCDC wish to appoint a contractor who will be able to source and introduce them to new investment opportunities; and to provide them with advice on any opportunities that might be introduced to SCDC from another third party; and support them in determining which acquisitions would be appropriate for their portfolios and to proceed with such acquisitions. SCDC will require the contractor to give them assurance that acquisitions are in conformity with the Councils' Investment Strategy (appended).

Lot Information

Lot 1

SCDC wishes to appoint a contractor to provide a service to advise on the acquisition and management of commercial property investments that meet the Councils adopted strategies (supporting economic growth and regeneration) and as part of the Councils medium term financial strategies to build its portfolios of assets that will provide a sustainable long term revenue stream to support the continued delivery of the Councils services to their residents. SCDC wish to appoint a contractor who will be able to source and introduce them to new investment opportunities; and to provide them with advice on any opportunities that might be introduced to SCDC from another third party; and support them in determining which acquisitions would be appropriate for their portfolios and to proceed with such acquisitions. SCDC will require the contractor to give them assurance that acquisitions are in conformity with the Councils' Investment Strategy (appended).

Options: 2 years with the option to extend for a further 2 years

Renewal: option to extend for each and every year for 2 further years

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-029987
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008493-2021
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£222,838 £100K-£500K

Notice Dates

Publication Date
21 Apr 20214 years ago
Submission Deadline
8 Apr 2021Expired
Future Notice Date
Not specified
Award Date
20 Apr 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
SOUTH CAMBRIDGESHIRE DISTRICT COUNCIL
Contact Name
Mr Sean Missin
Contact Email
sean.missin@scambs.gov.uk
Contact Phone
+44 1954713378

Buyer Location

Locality
CAMBOURNE
Postcode
CB23 6EA
Post Town
Cambridge
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
Delivery Location
Not specified

Local Authority
South Cambridgeshire
Electoral Ward
Cambourne
Westminster Constituency
St Neots and Mid Cambridgeshire

Supplier Information

Number of Suppliers
1
Supplier Name

CARTER JONAS

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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