Award

Property Managing Agent for Wokingham Borough Council

WOKINGHAM BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

28 Jul 2021 at 19:35

Tender

10 Jun 2021 at 16:01

Summary of the contracting process

The procurement process involves Wokingham Borough Council seeking a Property Managing Agent for its Regeneration and Investment property portfolios. This tender, classified under real estate services (CPV code: 70000000), is currently in the award stage. The tender was initiated recently, with submission deadlines set for 28 June 2021, and the awarded contract is valued at £654,000. The location for this contract is Wokingham, UK, and the procurement method follows an open procedure, allowing a wide range of suppliers to participate.

This tender presents significant opportunities for businesses in the property management sector, particularly for small and medium-sized enterprises (SMEs) that can provide quality service at competitive prices. Companies capable of managing regeneration and investment properties, especially those with experience in commercial property management, would be well-suited to compete. The urgency for a new managing agent arises from the previous agent's sudden departure, which emphasises the need for timely and reliable service, further enhancing the potential for growth for a successful bidder.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Property Managing Agent for Wokingham Borough Council

Notice Description

Property Managing Agent for Regeneration and Investment Property Portfolios

Lot Information

Lot 1

Property Managing Agent for Regeneration and Investment Property Portfolios

Lot 2

Appointment of one property managing agent to manage part of Wokingham Borough Council's Regeneration and Investment property portfolio - includes all properties listed in Pricing Schedule LOT 2.

Lot 3

Appointment of one property managing agent to manage the Wokingham Borough Council's Regeneration and Investment property portfolio - includes all properties listed in Pricing Schedule LOT 3. Wokingham Borough Council will not accept proposals from a bidder to only deliver LOT 3 without a relevant bid to deliver LOT 1. The final choice of appointment of one Agent to deliver the whole portfolio or two Agents to deliver LOT 1 and LOT 2 separately will be based on the criteria set out in the Tender Response document.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02baa1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/018000-2021
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

70330000 - Property management services of real estate on a fee or contract basis

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£654,000 £500K-£1M

Notice Dates

Publication Date
28 Jul 20214 years ago
Submission Deadline
28 Jun 2021Expired
Future Notice Date
Not specified
Award Date
25 Jul 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
WOKINGHAM BOROUGH COUNCIL
Contact Name
Mrs Valentina Z Velcheva
Contact Email
valentina.velcheva@wokingham.gov.uk
Contact Phone
+44 7730320959

Buyer Location

Locality
WOKINGHAM
Postcode
RG40 1BN
Post Town
Reading
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ16 Berkshire West
Delivery Location
Not specified

Local Authority
Wokingham
Electoral Ward
Emmbrook
Westminster Constituency
Wokingham

Supplier Information

Number of Suppliers
1
Supplier Name

VAIL WILLIAMS

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-02baa1-2021-07-28T20:35:45+01:00",
    "date": "2021-07-28T20:35:45+01:00",
    "ocid": "ocds-h6vhtk-02baa1",
    "initiationType": "tender",
    "tender": {
        "id": "DN549301",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Property Managing Agent for Wokingham Borough Council",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "70000000",
            "description": "Real estate services"
        },
        "additionalClassifications": [
            {
                "scheme": "CPVS",
                "id": "70000000-AA01",
                "description": "Metal"
            }
        ],
        "mainProcurementCategory": "services",
        "description": "Property Managing Agent for Regeneration and Investment Property Portfolios",
        "lotDetails": {
            "awardCriteriaDetails": "Agents are invited to bid on a choice of property lots, as set out in the Portfolio Summary attached at Appendix B, namely: i. one large lot (LOT 1) - please note that you cannot bid for LOT 1 only; you will need to submit a bid for LOT 3 and LOT 1 together, or ii. one small lot (LOT 2), or iii. all the Properties (LOT 3). Please note that if you wish to tender for LOT 3, you must also tender for Lot 1. WBC will not accept proposals from a bidder to only deliver LOT 3 without a relevant bid to deliver LOT 1. The final choice of appointment of one Agent to deliver the whole portfolio or two Agents to deliver LOT 1 and LOT 2 separately will be based on the criteria set out in the Tender Response document."
        },
        "lots": [
            {
                "id": "1",
                "description": "Property Managing Agent for Regeneration and Investment Property Portfolios",
                "contractPeriod": {
                    "durationInDays": 1080
                },
                "hasRenewal": false,
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "hasOptions": false,
                "status": "cancelled",
                "awardCriteria": {
                    "criteria": [
                        {
                            "name": "Quality of Service",
                            "type": "quality",
                            "description": "85"
                        },
                        {
                            "type": "price",
                            "description": "15"
                        }
                    ]
                }
            },
            {
                "id": "2",
                "description": "Appointment of one property managing agent to manage part of Wokingham Borough Council's Regeneration and Investment property portfolio - includes all properties listed in Pricing Schedule LOT 2.",
                "contractPeriod": {
                    "durationInDays": 1080
                },
                "hasRenewal": false,
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "hasOptions": false,
                "status": "active"
            },
            {
                "id": "3",
                "description": "Appointment of one property managing agent to manage the Wokingham Borough Council's Regeneration and Investment property portfolio - includes all properties listed in Pricing Schedule LOT 3. Wokingham Borough Council will not accept proposals from a bidder to only deliver LOT 3 without a relevant bid to deliver LOT 1. The final choice of appointment of one Agent to deliver the whole portfolio or two Agents to deliver LOT 1 and LOT 2 separately will be based on the criteria set out in the Tender Response document.",
                "contractPeriod": {
                    "durationInDays": 1080
                },
                "hasRenewal": false,
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "hasOptions": false,
                "status": "active"
            }
        ],
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "70330000",
                        "description": "Property management services of real estate on a fee or contract basis"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UK"
                    },
                    {
                        "region": "UK"
                    }
                ],
                "relatedLot": "1"
            },
            {
                "id": "2",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "70000000",
                        "description": "Real estate services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UK"
                    }
                ],
                "relatedLot": "2"
            },
            {
                "id": "3",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "70000000",
                        "description": "Real estate services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UK"
                    }
                ],
                "relatedLot": "3"
            }
        ],
        "submissionMethod": [
            "electronicSubmission"
        ],
        "submissionMethodDetails": "https://procontract.due-north.com/Opportunities/Index?p=679bb2ba-7898-4a4c-b4e3-c8eb6a07a3dc&v=2",
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "procedure": {
            "isAccelerated": true,
            "acceleratedRationale": "The Agent currently managing Wokingham Borough Council's (WBC) property portfolio has suddenly served notice to terminate the Management Agreement. A replacement agent needs to be appointed as soon as possible to maximise the overlap between the new and existing agents before the incumbent Agent stand down at the beginning of August. Failure to appoint a replacement agent by the end of July 2021 will jeopardise the collection of a significant amount of revenue due to WBC on 29th September. It would also compromise the handover process and undermine control of property assets providing crucial services to c.170 tenant customers within and beyond the Borough boundary. Revenue, reputation, asset value and potential third party liabilities will be at risk."
        },
        "coveredBy": [
            "GPA"
        ],
        "tenderPeriod": {
            "endDate": "2021-06-28T09:00:00+01:00"
        },
        "submissionTerms": {
            "languages": [
                "en"
            ]
        },
        "awardPeriod": {
            "startDate": "2021-06-28T09:30:00+01:00"
        },
        "bidOpening": {
            "date": "2021-06-28T09:30:00+01:00"
        },
        "hasRecurrence": false
    },
    "parties": [
        {
            "id": "GB-FTS-4706",
            "name": "Wokingham Borough Council",
            "identifier": {
                "legalName": "Wokingham Borough Council"
            },
            "address": {
                "streetAddress": "Civic Offices, Shute End",
                "locality": "Wokingham",
                "region": "UK",
                "postalCode": "RG40 1BN",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Mrs Valentina Z Velcheva",
                "telephone": "+44 7730320959",
                "email": "Valentina.Velcheva@wokingham.gov.uk",
                "url": "https://procontract.due-north.com/Opportunities/Index?p=679bb2ba-7898-4a4c-b4e3-c8eb6a07a3dc&v=2"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "http://www.wokingham.gov.uk",
                "buyerProfile": "http://www.wokingham.gov.uk",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "REGIONAL_AUTHORITY",
                        "description": "Regional or local authority"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "01",
                        "description": "General public services"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-19194",
            "name": "High Court of Justice of England and Wales",
            "identifier": {
                "legalName": "High Court of Justice of England and Wales"
            },
            "address": {
                "locality": "London",
                "postalCode": "EC4A 1NL",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "telephone": "+44 2079477156"
            },
            "roles": [
                "reviewBody"
            ]
        },
        {
            "id": "GB-FTS-23932",
            "name": "Vail Williams LLP",
            "identifier": {
                "legalName": "Vail Williams LLP"
            },
            "address": {
                "locality": "Reading",
                "region": "UK",
                "postalCode": "RG6 1PT",
                "countryName": "United Kingdom"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "sme"
            }
        }
    ],
    "buyer": {
        "id": "GB-FTS-4706",
        "name": "Wokingham Borough Council"
    },
    "language": "en",
    "awards": [
        {
            "id": "018000-2021-1",
            "relatedLots": [
                "1"
            ],
            "status": "active",
            "suppliers": [
                {
                    "id": "GB-FTS-23932",
                    "name": "Vail Williams LLP"
                }
            ]
        }
    ],
    "contracts": [
        {
            "id": "018000-2021-1",
            "awardID": "018000-2021-1",
            "status": "active",
            "value": {
                "amount": 654000,
                "currency": "GBP"
            },
            "dateSigned": "2021-07-26T00:00:00+01:00"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "1",
                "measure": "bids",
                "relatedLot": "1",
                "value": 6
            },
            {
                "id": "2",
                "measure": "smeBids",
                "relatedLot": "1",
                "value": 3
            },
            {
                "id": "3",
                "measure": "foreignBidsFromEU",
                "relatedLot": "1",
                "value": 0
            },
            {
                "id": "4",
                "measure": "foreignBidsFromNonEU",
                "relatedLot": "1",
                "value": 6
            },
            {
                "id": "5",
                "measure": "electronicBids",
                "relatedLot": "1",
                "value": 6
            }
        ]
    }
}