Award

P24-0005: Strategic Innovation and Place Acquisition Programme

SCOTTISH ENTERPRISE

This public procurement record has 2 releases in its history.

Award

24 Jul 2023 at 12:34

Tender

27 Apr 2023 at 13:08

Summary of the contracting process

The public procurement contracting process involves the Scottish Enterprise seeking a property consultant for the P24-0005: Strategic Innovation and Place Acquisition Programme in the services category. The contract aims to appoint a consultant to support property acquisitions, negotiate with vendors, and provide professional services aligned with SE's strategy. The contract has an estimated value between GBP150,000 and GBP200,000, is anticipated to start in July 2023, with possible extensions. The procurement method is an open procedure, and the buying organisation is Scottish Enterprise based in Glasgow, UK.

This tender presents an opportunity for property management and real estate consultancy businesses to engage with Scottish Enterprise's property acquisition programme. Companies with expertise in property appraisals, negotiation skills, and knowledge of grant aid funding mechanisms may find this tender suitable for business growth prospects. The contract period offers potential for long-term collaboration and growth opportunities in real estate services within the UK market, particularly in the property management sector.

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Notice Title

P24-0005: Strategic Innovation and Place Acquisition Programme

Notice Description

The purpose of this ITT is for Scottish Enterprise to appoint a property consultant to (i) develop an appropriate search criteria and scoring methodology for property acquisitions that reflect current SE strategy, (ii) provide the necessary professional services to support property acquisitions in line with SE's obligations for best value under the Scottish Public Finance Manual (SPFM), (iii) represent SE in acquisition negotiations with vendors, (iv) liaise with SE's professional and legal advisors to conclude acquisitions on satisfactory commercial terms. The services may also encompass providing advice on property appraisals, and associated commercial advice, where SE considers providing grant aid funding for existing landowners is an appropriate way to unlock sites for future development. It is anticipated that the contract will start in July 2023 and is anticipated to end in June 2025. SE will retain the option of two extension periods. The first extension period will be for a further 48-month period, the second extension period will be for a further 12-month period. The total estimated value of the contract over the total duration is estimated to be between GBP150,000 and an overall fee cap of GBP200,000 (excl VAT). Further details can be found within the Invitation to Tender (ITT) document.

Lot Information

Lot 1

The purpose of this ITT is for Scottish Enterprise to appoint a property consultant to (i) develop an appropriate search criteria and scoring methodology for property acquisitions that reflect current SE strategy, (ii) provide the necessary professional services to support property acquisitions in line with SE's obligations for best value under the Scottish Public Finance Manual (SPFM), (iii) represent SE in acquisition negotiations with vendors, (iv) liaise with SE's professional and legal advisors to conclude acquisitions on satisfactory commercial terms. The services may also encompass providing advice on property appraisals, and associated commercial advice, where SE considers providing grant aid funding for existing landowners is an appropriate way to unlock sites for future development. It is anticipated that the contract will start in July 2023 and is anticipated to end in June 2025. SE will retain the option of two extension periods. The first extension period will be for a further 48-month period, the second extension period will be for a further 12-month period. The total estimated value of the contract over the total duration is estimated to be between GBP150,000 and an overall fee cap of GBP200,000 (excl VAT). Further details can be found within the Invitation to Tender (ITT) document. Additional information: Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Options: Following the first 24 months, Scottish Enterprise will have an option to extend for a further 24 months, and then a further 12 months (total 36 months extension).

Renewal: Following the first 24 months, Scottish Enterprise will have an option to extend for a further 24 months, and then a further 12 months (total 36 months extension).

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03c4b9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021297-2023
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

70120000 - Buying and selling of real estate

70121000 - Building sale or purchase services

70121200 - Building purchase services

70122000 - Land sale or purchase services

70300000 - Real estate agency services on a fee or contract basis

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

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
£200,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£164,250 £100K-£500K

Notice Dates

Publication Date
24 Jul 20232 years ago
Submission Deadline
1 Jun 2023Expired
Future Notice Date
Not specified
Award Date
28 Jun 20232 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
SCOTTISH ENTERPRISE
Contact Name
Adam Cunningham
Contact Email
adam.cunningham@scotent.co.uk
Contact Phone
+44 1414686024

Buyer Location

Locality
GLASGOW
Postcode
G2 6HQ
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland

Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

AVISON YOUNG (UK

Open Contracting Data Standard (OCDS)

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