Tender

Global Real Estate Services

BRITISH COUNCIL

This public procurement record has 1 release in its history.

Tender

06 Nov 2023 at 17:03

Summary of the contracting process

The British Council has initiated a tender process for Global Real Estate Services. The tender is under the main procurement category of services and falls under the CPV classification code for real estate services. The aim is to appoint a supplier to manage a global real estate portfolio, with an estimated contract value of £8m. The tender deadline is 5th December 2023, and the second stage invitation date is set for 11th December 2023. The procurement method is selective, following a restricted procedure, with electronic and written submission methods.

This tender by the British Council presents an opportunity for real estate service providers to manage and deliver services for the Council's global estate portfolio. Businesses capable of strategic advisory, capital project management, and real estate services on a global scale would be well-suited to compete. The tender process involves submission of documents, including a selection questionnaire and a signed NDA. The contract period is for 2160 days with a renewal option of up to 48 months, and the possibility to extend for an additional 24 months. The tender is governed by public law and is available in English for interested parties.

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Notice Title

Global Real Estate Services

Notice Description

The British Council is seeking to appoint a Global Real Estate Service Provider who has the potential to manage and deliver an enhanced level of real estate, strategic advisory and capital project management related services to support the delivery of a suite of property requirements and projects across the British Council's global estate portfolio of approximately 330 holdings across 95+ countries made up of commercial and residential freeholds, commercial leaseholds, and a variety of other property agreements. Our preferred solution is to appoint a single real estate supplier to lead an integrated portfolio-led, global approach to the management of a portfolio of projects, together with lease administration and other real estate services including freehold and market valuations. The supplier will have a global reach to locally manage transactions and fit-out / construction project management for our portfolio of primarily leased offices, teaching and exam centres.

Lot Information

Lot 1

The British Council is seeking to appoint a Global Real Estate Service Provider who has the potential to manage and deliver an enhanced level of real estate, strategic advisory and capital project management related services to support the delivery of a suite of property requirements and projects across the British Council's global estate portfolio. Additional information: The total contract value is estimated to be circa PS7m to PS8m

Options: Yes - the contract will contain an option to extend for a further 24 months

Renewal: 48 month initial term plus optional extension of 24 months

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04163e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/032848-2023
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
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
£8,000,000 £1M-£10M
Lots Value
£8,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 Nov 20232 years ago
Submission Deadline
5 Dec 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BRITISH COUNCIL
Contact Name
Scott Caton
Contact Email
scott.caton@britishcouncil.org
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E20 1JQ
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

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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