Award

ESPH NB HBC Property Acquisition and Refurbishment Services (ESPH642 JB)

HASTINGS BOROUGH COUNCIL

This public procurement record has 3 releases in its history.

Award

09 Jan 2025 at 10:29

TenderUpdate

15 Jul 2024 at 10:41

Tender

26 Jun 2024 at 14:32

Summary of the contracting process

Hastings Borough Council has successfully awarded a contract for property acquisition and refurbishment services titled "ESPH NB HBC Property Acquisition and Refurbishment Services (ESPH642 JB)." This procurement falls under the category of residential property renting or leasing services (CPV code 70210000) within the Hastings borough, aimed at acquiring and refurbishing 108-118 housing units for emergency, temporary, and move-on accommodation. The open procedure procurement method was used, and the process has now reached the award stage with Phi Capital Investments Limited securing the contract. The contract, valued at £1,552,269.30, was signed on 23rd December 2024. The associated contract period starts from 9th September 2024 and ends on 31st March 2026, with options for extensions based on additional funding availability.

This tender presents a substantial opportunity for businesses specialising in property acquisition and refurbishment to engage in public sector projects, capitalising on the need for housing units in Hastings. The contract's scope for potential modifications—such as changes in the number and size of units—along with the possibility of extending the contract term, provides significant business growth prospects for firms with expertise in residential property services. Businesses equipped to provide high-quality acquisition, refurbishment, and conveyancing services, particularly small and medium-sized enterprises (SMEs), would be well-suited to compete in such tenders, enhancing their portfolios and expanding their market presence.

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Notice Title

ESPH NB HBC Property Acquisition and Refurbishment Services (ESPH642 JB)

Notice Description

The Council is seeking to acquire and/or refurbish in the region of 108-118 housing units within the Hastings borough for use as emergency, temporary and move-on accommodation to respond to the grant funded programmes.Full details are included in the document set.

Lot Information

Lot 1

Full information can be found at http://www.sesharedservices.org.uk/esourcing

Options: The Council has identified the following specific changes or modifications, some or all of which may occur over the life of the Contract:a) an increase or decrease in the number of units of accommodation being sourced during the initial term of the Contract;b) changes to size of units of accommodation being sourced during the initial term of the Contract;c) the requirement for the provision of additional units of accommodation beyond the initial term of the Contract through purchase and / or leasing arrangements;

Renewal: Option of extensions (2 x 12 month) depending on available/additional funding.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0472c8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000619-2025
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70200000 - Renting or leasing services of own property

70210000 - Residential property renting or leasing services

70331000 - Residential property services

70333000 - Housing services

Notice Value(s)

Tender Value
£4,900,000 £1M-£10M
Lots Value
£4,900,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£1,552,269 £1M-£10M

Notice Dates

Publication Date
9 Jan 20251 years ago
Submission Deadline
26 Jul 2024Expired
Future Notice Date
Not specified
Award Date
23 Dec 20241 years ago
Contract Period
8 Sep 2024 - 31 Mar 2026 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
HASTINGS BOROUGH COUNCIL
Contact Name
Natalia Bagiriants
Contact Email
esph@wealden.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
HASTINGS
Postcode
TN34 3UY
Post Town
Tonbridge
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ22 East Sussex CC
Delivery Location
TLJ22 East Sussex CC

Local Authority
Hastings
Electoral Ward
Castle
Westminster Constituency
Hastings and Rye

Supplier Information

Number of Suppliers
1
Supplier Name

PHI CAPITAL INVESTMENTS

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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