Award

Property Consultancy

TRANSPORT FOR WALES

This public procurement record has 2 releases in its history.

Award

05 Mar 2025 at 16:28

Tender

18 Jun 2024 at 15:34

Summary of the contracting process

Transport for Wales (TfW) is inviting bids for a Property Consultancy contract to support its internal team with specialised knowledge and services related to property management, rating advice, planning consultancy, and valuations for transactional matters. This procurement focuses on services within the property management sector, specifically relating to real estate on a fee or contract basis. The contract is valued at £650,000 and is situated within the UK region (UKL). The procurement is currently in the active tender stage, with an end date for tender submissions set for 19 July 2024. TfW aims to bolster its team’s capacity, ensuring continuity and resilience in property casework management across its Core Valley Lines and other related transport infrastructure.

This tender presents significant opportunities for entities specialising in commercial and industrial property management, and real estate advisory services. Businesses with a multi-disciplinary approach and those accredited by the Royal Institution of Chartered Surveyors (RICS) will find this contract particularly attractive. Engaging in this tender can expand a firm's portfolio through substantial government contracts and provide a steady flow of projects in property consultancy, which offers considerable avenues for business growth. The open procedure procurement method ensures that all interested and qualified firms have a fair chance to compete.

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Notice Title

Property Consultancy

Notice Description

TfW are building the internal team to deliver much of the land and property casework. The casework extends to the management of station lettings, portfolio management across the TfW-owned Core Valley Lines as well as transactional matters as remit expands in a transport space. This contract will provide support to the Commercial Property team and deliver on instructions where specialist knowledge is required or for work that we cannot undertake internally such as ratings advice, planning consultancy, and valuations for transactional matters. The contract will also support where the internal team reaches capacity and therefore provide resilience against the peaks and troughs of property team casework. Further details can be found in the scope document.

Lot Information

Lot 1

TfW are building the internal team to deliver much of the land and property casework. The casework extends to the management of station lettings, portfolio management across the TfW-owned Core Valley Lines as well as transactional matters as remit expands in a transport space. This contract will provide support to the Commercial Property team and deliver on instructions where specialist knowledge is required or for work that we cannot undertake internally such as ratings advice, planning consultancy, and valuations for transactional matters. The contract will also support where the internal team reaches capacity and therefore provide resilience against the peaks and troughs of property team casework. TfW wishes to engage the services of a multi-disciplinary commercial land & property real estate advisor, from time to time, on a task specific call off basis. Full details can be found in the tender documents.

Renewal: 2+1+1 basis

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0470eb
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008100-2025
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

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

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

70332200 - Commercial property management services

70332300 - Industrial property services

Notice Value(s)

Tender Value
£650,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£400,000 £100K-£500K

Notice Dates

Publication Date
5 Mar 202511 months ago
Submission Deadline
19 Jul 2024Expired
Future Notice Date
Not specified
Award Date
24 Jan 20251 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
TRANSPORT FOR WALES
Contact Name
Not specified
Contact Email
procurement@tfw.wales
Contact Phone
+44 2921673434

Buyer Location

Locality
PONTYPRIDD
Postcode
CF37 4TH
Post Town
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL51 Central Valleys and Bridgend
Delivery Location
TLL Wales

Local Authority
Rhondda Cynon Taf
Electoral Ward
Pontypridd Town
Westminster Constituency
Pontypridd

Supplier Information

Number of Suppliers
1
Supplier Name

ALDER KING

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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