Tender

Essex Renewal Fund Services - Fund and Asset Management

ESSEX COUNTY COUNCIL

  • Contract Timeline

    Publication Date

    1st October 2024 15:01:23 PM

    Tender Deadline

    11th November 2024 12:00:00 PM   36 days remaining

  • Contract Summary

    Essex County Council is seeking external support to provide up to ten years (five initial years with options to extend) of fund and asset management services, leading on fund acquisitions and disposals for the Essex Renewal Fund. The Essex Renewal Fund (“ERF”) is a revolving investment fund supporting the delivery of new homes and jobs. It does this through land and property projects that the market wouldn’t deliver – or, may not deliver to such high standards. It is important that the Fund has a catalytic impact beyond projects that it delivers directly, by building confidence in Essex places and markets. This requires careful fund and asset management, underpinned by robust market intelligence and sound real estate consultancy. The fund, supporting ECCs commitment to good jobs, future growth and investment, green growth and levelling up the economy, has a number of portfolio and project-level controls to adhere to. It also has an existing portfolio of three commercial properties and will be supported by an internal term alongside fund and project related external consultants.

  • Contract Details

    Open Contracting ID

    ocds-h6vhtk-04a4c4

    Publication Source

    Find a Tender Service

    Procurement Stage

    Tender

    Procurement Method

    Open

    Procurement Method Details

    Open Procedure

    Procurement Category

    Services

    Tender Suitability

    Framework / DPS

  • Contract Classification

    CPV Code(s)

    66100000

    CPV Division(s)

    66 - Financial and insurance services

  • Awarding Authority

    ESSEX COUNTY COUNCIL

    Buyer Name

    Mr Josh Carter

    Buyer Email

    joshua.carter@essex.gov.uk

    Buyer Phone

    +44 333

    Buyer Address

    County Hall, Market Road

    Chelmsford

    CM1 1QH

    United Kingdom