Award

P-2855 Real Estate Advisor Framework

TRANSLINK

This public procurement record has 2 releases in its history.

Award

27 Feb 2024 at 14:49

Tender

09 Nov 2023 at 09:14

Summary of the contracting process

The procurement process for the Real Estate Advisor Framework titled "P-2855" initiated by Translink involves the establishment of a framework for real estate advice services to support the Weavers Cross regeneration project. Translink seeks to appoint advisors to realise the vision of "Regeneration through Reconnection" for Weavers Cross. The procurement is at the award stage, with an active contract valued at £132,000 signed on 27th February 2024. The buying organisation is Translink based in Belfast, UK, and the procurement falls under the services category.

This tender for the Real Estate Advisor Framework presents business growth opportunities for real estate advisory firms with expertise in urban regeneration projects. Businesses well-suited to compete should have experience, skills, and resources in providing real estate advice for similar regeneration initiatives. The procurement method is an open procedure with a focus on quality and cost criteria. Key dates include the bid validity period until 28th February 2024, and the award period starting on 30th November 2023, demonstrating clear timelines for potential suppliers to engage in the process.

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Notice Title

P-2855 Real Estate Advisor Framework

Notice Description

Translink wish to establish a Framework for the provision of Real Estate advice, primarily to support the delivery of the Weavers Cross regeneration project, however this may, subject to funding and business need be extended to other potential opportunities. Translink is seeking to appoint Real Estate Advisor(s) with the relevant experience, skills, and resources to support the partnership in realising the Vision of "Regeneration through Reconnection" for Weavers Cross. A maximum of 2 suppliers will be appointed to the Framework. Your response must be submitted via the relevant call for tender (Cft). No other method of submission will be accepted.

Lot Information

Lot 1

Translink wish to establish a Framework for the provision of Real Estate advice, primarily to support the delivery of the Weavers Cross regeneration project, however this may, subject to funding and business need be extended to other potential opportunities. Translink is seeking to appoint Real Estate Advisor(s) with the relevant experience, skills, and resources to support the partnership in realising the Vision of "Regeneration through Reconnection" for Weavers Cross. A maximum of 2 suppliers will be appointed to the Framework. Your response must be submitted via the relevant call for tender (Cft). No other method of submission will be accepted.

Options: The initial term of the Framework Agreement will run for two years from contract award date. The Framework Agreement may be extended, on agreement of both parties, by a further 24 months. No individual single extension will be granted for a period longer than 12 months and any extension will be at the discretion of the Client.

Renewal: This framework agreement may be re-tendered prior to the expiry date

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0416f8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/006279-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
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

70100000 - Real estate services with own property

70110000 - Development services of real estate

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
£300,000 £100K-£500K
Lots Value
£300,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£132,000 £100K-£500K

Notice Dates

Publication Date
27 Feb 20241 years ago
Submission Deadline
30 Nov 2023Expired
Future Notice Date
Not specified
Award Date
27 Feb 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
This framework agreement may be retendered before the final end date, subject to business need.

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
TRANSLINK
Contact Name
procurementtranslink.co.uk
Contact Email
procurement@translink.co.uk
Contact Phone
Not specified

Buyer Location

Locality
BELFAST
Postcode
BT2 7LX
Post Town
Northern Ireland
Country
Northern Ireland

Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN06 Belfast
Delivery Location
TLN Northern Ireland

Local Authority
Belfast
Electoral Ward
Central
Westminster Constituency
Belfast South and Mid Down

Supplier Information

Number of Suppliers
1
Supplier Name

LDM BELFAST LTD T/A CBRE NI

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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