Award

EPP0120 Professional Estate Services in respect to Knightswick Shopping Centre Management

CASTLE POINT BOROUGH COUNCIL

This public procurement record has 3 releases in its history.

Award

21 Nov 2024 at 12:05

Tender

15 Jul 2024 at 15:05

Planning

22 Apr 2024 at 13:12

Summary of the contracting process

Castle Point Borough Council has completed the procurement process for "EPP0120 Professional Estate Services in respect to Knightswick Shopping Centre Management". The contract was awarded on 8th November 2024 for asset management at a value of £160,000 to Estama (UK) Ltd and on 4th November 2024 for property management at £98,000 to Praxis Real Estate Management Ltd. The project, based in Canvey Island, Essex, falls under the commercial property management services industry category. The council sought asset and property management services to maximise the net operating income and handle day-to-day operations. The procurement involved an open procedure and was part of an initiative covered by the GPA, with the award decision made in late November 2024.

This tender offers significant business opportunities, particularly for small and medium-sized enterprises (SMEs) specialising in commercial property management. Companies with expertise in asset management, rent collection, maintenance, and tenant relations will find this contract aligned with their capabilities. The strategic management of the Knightswick Shopping Centre is crucial for local economic growth, providing employment and a diverse retail environment for Canvey Island. Businesses with a proven track record in delivering quality property and facility management services are well-suited to compete, especially given the emphasis on maximising value through efficient property administration and strategic asset management.

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Notice Title

EPP0120 Professional Estate Services in respect to Knightswick Shopping Centre Management

Notice Description

Castle Point Borough Council is seeking tenders for the delivery of Asset Management and Property Management in relation to Knightswick Shopping Centre, based on a Council owned site in Foksville Road, Canvey Island. SCOPE OF THE CONTRACT 2.1.Lot 1 - Asset Management 2.2.Lot 2 - Property Management

Lot Information

Lot 1 - Asset Management

Asset Management (to maximise the NOI through lettings, rent reviews & lease regears, getting best value from service charge etc) Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/respond/M978C766C5

Renewal: the contract will be reviewed and re-advertised nearer to the time of contract expiry

Lot 2- Property Management

Property Management (providing the day-to-day management of the property including the collection of rent and other receivables, administration of service charges, payments of outgoings, maintenance including repairs, H&S, FRA, supervision of staff etc)

Renewal: the contract will be reviewed and re-advertised nearer to the time of contract expiry

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-045405
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037641-2024
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning 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

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

70332200 - Commercial property management services

79993000 - Building and facilities management services

Notice Value(s)

Tender Value
£425,000 £100K-£500K
Lots Value
£425,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£258,000 £100K-£500K

Notice Dates

Publication Date
21 Nov 20241 years ago
Submission Deadline
16 Aug 2024Expired
Future Notice Date
16 Jun 2024Expired
Award Date
4 Nov 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
6 months before the contract end

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CASTLE POINT BOROUGH COUNCIL
Contact Name
Lili Roqueta
Contact Email
lili.roqueta@braintree.gov.uk
Contact Phone
+44 1268882200

Buyer Location

Locality
BENFLEET
Postcode
N/A
Post Town
Southend-on-Sea
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH37 Essex Thames Gateway
Delivery Location
TLH3 Essex

Local Authority
Castle Point
Electoral Ward
Thundersley South
Westminster Constituency
Castle Point

Supplier Information

Number of Suppliers
2
Supplier Names

ESTAMA (UK

PRAXIS REAL ESTATE MANAGEMENT

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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