Award

RMCB 049 - Asset Management of the Darwin Shopping Centre, Shrewsbury

SHROPSHIRE COUNCIL

This public procurement record has 2 releases in its history.

Award

02 Dec 2024 at 16:05

Tender

17 Jun 2024 at 11:05

Summary of the contracting process

Shropshire Council is overseeing the procurement process titled "RMCB 049 – Asset Management of the Darwin Shopping Centre, Shrewsbury," categorised under non-residential property services within the services industry. The procurement stage is currently at the award stage, having been initiated as an open procedure. The primary goal of this tender is to appoint an asset management agent to devise and execute a five-year business plan aimed at enhancing the Darwin Shopping Centre's shopping experience, attracting new retailers, increasing footfall, and boosting revenue. The appointment spans three years from August 2024, with an option to extend for an additional two-year period. Important procurement timelines include a tender submission deadline on 17th July 2024, with contract activities initiated from 1st August 2024.

This tender presents a significant opportunity for businesses specialising in asset management, particularly those with expertise in retail environments. The selected firm will have the potential to contribute to, and benefit from, the strategic growth and revitalisation of a key commercial asset in Shrewsbury. Ideal candidates would be experienced in creating and implementing strategic business plans, managing lease renewals and rent reviews, and driving tenant mix and financial improvements. This role is poised to offer substantial business growth prospects by increasing the centre’s value and economic contributions to the wider Shropshire area.

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Notice Title

RMCB 049 - Asset Management of the Darwin Shopping Centre, Shrewsbury

Notice Description

This is an award notice for an asset management agent to provide a realistic and achievable 5 year Business Plan to help grow The Darwin Shopping Centre to maintain and improve the shopping experience, attract new retailers, shoppers and ultimately increase the income generated from this key asset. The appointment will be for 3 years, with an option to extend for a further 2 year period.

Lot Information

Lot 1

This is an award notice for an asset management agent to provide a realistic and achievable 5 year Business Plan to help grow The Darwin Shopping Centre to maintain and improve the shopping experience, attract new retailers, shoppers and ultimately increase the income generated from this key asset. The appointment will be for 3 years, with an option to extend for a further 2 year period.

Renewal: The contract will be for 3 years, with an option to extend for a further two year period.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-047068
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/038801-2024
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

70332000 - Non-residential property services

Notice Value(s)

Tender Value
£450,000 £100K-£500K
Lots Value
£450,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£450,000 £100K-£500K

Notice Dates

Publication Date
2 Dec 20241 years ago
Submission Deadline
17 Jul 2024Expired
Future Notice Date
Not specified
Award Date
12 Aug 20241 years ago
Contract Period
31 Jul 2024 - 31 Jul 2027 2-3 years
Recurrence
5 years

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SHROPSHIRE COUNCIL
Contact Name
Commissioning Development Procurement Manager
Contact Email
procurement@shropshire.gov.uk
Contact Phone
+44 1743252993

Buyer Location

Locality
SHREWSBURY
Postcode
SY2 6ND
Post Town
Shrewsbury
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG22 Shropshire
Delivery Location
TLG22 Shropshire

Local Authority
Shropshire
Electoral Ward
Abbey
Westminster Constituency
Shrewsbury

Supplier Information

Number of Suppliers
1
Supplier Name

MONTAGU EVANS

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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