Tender

South Cambridgeshire District Council - Commercial Asset Management

SOUTH CAMBRIDGESHIRE DISTRICT COUNCIL

This public procurement record has 2 releases in its history.

TenderUpdate

10 Dec 2024 at 15:32

Tender

29 Nov 2024 at 11:03

Summary of the contracting process

South Cambridgeshire District Council is seeking a qualified and experienced contractor for their Commercial Asset Management service, falling under the "Real estate services" category (CPV: 70000000). The procurement process is currently at the tender stage and managed through an open procedure. Key assets include properties at Cambridge Science Park, Colmworth Trading Park (St Neots), Cambourne Business Park, and Northstowe Employment Zone. The contract duration is 1080 days with the possibility of annual extensions for up to two additional years. The submission deadline has been extended to 17 January 2025. The contractor's responsibilities include advising on asset management to support economic growth and ensuring compliance with health and safety regulations.

This tender presents substantial opportunities for businesses in commercial asset management, particularly those with expertise in real estate services and investment advice. Companies capable of optimising the Council’s property portfolio for revenue and capital growth, and with robust environmental, social, and governance (ESG) practices, will find this contract advantageous. Besides, firms with in-house building surveyors and a solid understanding of local, regional, and national property markets are well-suited to compete. The opportunity to collaborate with the Council’s Finance, Commercial, and Legal teams suggests a synergistic and impact-driven working environment.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

South Cambridgeshire District Council - Commercial Asset Management

Notice Description

SCDC wishes to appoint a suitably qualified and experienced contractor to provide a service which encompasses the following: * To advise on the management of the Council's commercial property assets that meet the Councils adopted strategies (supporting economic growth and regeneration). * To provide commercial property investment advice by sourcing potential investment opportunities set by SCDC that meet the criteria set in the Council's Investment Strategy. SCDC owns assets on Cambridge Science Park, Colmworth Trading Park (St Neots), Cambourne Business Park and Northstowe Employment Zone and local centre. Assets range from high value multi-million-pound buildings, a wholly owned subsidiary (Cambourne Business Park Ltd), to a temporary community building in Northstowe. SCDC shall require the Contractor to manage the assets within their portfolio to always ensure that the portfolio is delivering the best performance obtainable, in both revenue and capital growth terms, ensuring best practice ESG performance whilst observing the security and liquidity guidance from Government. SCDC expect that the Contractor will be able to advise on the local, regional, and national sector investment markets and when it would be appropriate to acquire, hold, invest in, or dispose of an asset. SCDC shall require the Contractor to work closely with their Finance, Commercial and Legal teams and any other internal or external appointed property management company to ensure that the asset is well managed and maintained and that the administration and renewal of the leases is optimised. All assets should be compliant with health and safety regulations - it is the job of the asset management contractor to ensure this. It is expected that the asset management contractor will benefit from an in-house building surveyor to ensure the full requirements of this contract can be completed.

Lot Information

Lot 1

SCDC wishes to appoint a suitably qualified and experienced contractor to provide a service which encompasses the following: * To advise on the management of the Council's commercial property assets that meet the Councils adopted strategies (supporting economic growth and regeneration). * To provide commercial property investment advice by sourcing potential investment opportunities set by SCDC that meet the criteria set in the Council's Investment Strategy. SCDC owns assets on Cambridge Science Park, Colmworth Trading Park (St Neots), Cambourne Business Park and Northstowe Employment Zone and local centre. Assets range from high value multi-million-pound buildings, a wholly owned subsidiary (Cambourne Business Park Ltd), to a temporary community building in Northstowe. SCDC shall require the Contractor to manage the assets within their portfolio to always ensure that the portfolio is delivering the best performance obtainable, in both revenue and capital growth terms, ensuring best practice ESG performance whilst observing the security and liquidity guidance from Government. SCDC expect that the Contractor will be able to advise on the local, regional, and national sector investment markets and when it would be appropriate to acquire, hold, invest in, or dispose of an asset. SCDC shall require the Contractor to work closely with their Finance, Commercial and Legal teams and any other internal or external appointed property management company to ensure that the asset is well managed and maintained and that the administration and renewal of the leases is optimised. All assets should be compliant with health and safety regulations - it is the job of the asset management contractor to ensure this. It is expected that the asset management contractor will benefit from an in-house building surveyor to ensure the full requirements of this contract can be completed.

Options: Option to extend each and every year for a further 2 years.

Renewal: Option to extend each and every year for a further 2 years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04c110
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/039784-2024
Current Stage
Tender
All Stages
Tender

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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Dec 20241 years ago
Submission Deadline
30 Dec 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
SOUTH CAMBRIDGESHIRE DISTRICT COUNCIL
Contact Name
Mr Sean Missin
Contact Email
sean.missin@scambs.gov.uk
Contact Phone
+44 1954713378

Buyer Location

Locality
CAMBOURNE
Postcode
CB23 6EA
Post Town
Cambridge
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
Delivery Location
TLH12 Cambridgeshire CC

Local Authority
South Cambridgeshire
Electoral Ward
Cambourne
Westminster Constituency
St Neots and Mid Cambridgeshire

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-04c110-2024-12-10T15:32:35Z",
    "date": "2024-12-10T15:32:35Z",
    "ocid": "ocds-h6vhtk-04c110",
    "initiationType": "tender",
    "tender": {
        "id": "DN753089",
        "legalBasis": {
            "id": "32014L0023",
            "scheme": "CELEX"
        },
        "title": "South Cambridgeshire District Council - Commercial Asset Management",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "70000000",
            "description": "Real estate services"
        },
        "mainProcurementCategory": "services",
        "description": "SCDC wishes to appoint a suitably qualified and experienced contractor to provide a service which encompasses the following: * To advise on the management of the Council's commercial property assets that meet the Councils adopted strategies (supporting economic growth and regeneration). * To provide commercial property investment advice by sourcing potential investment opportunities set by SCDC that meet the criteria set in the Council's Investment Strategy. SCDC owns assets on Cambridge Science Park, Colmworth Trading Park (St Neots), Cambourne Business Park and Northstowe Employment Zone and local centre. Assets range from high value multi-million-pound buildings, a wholly owned subsidiary (Cambourne Business Park Ltd), to a temporary community building in Northstowe. SCDC shall require the Contractor to manage the assets within their portfolio to always ensure that the portfolio is delivering the best performance obtainable, in both revenue and capital growth terms, ensuring best practice ESG performance whilst observing the security and liquidity guidance from Government. SCDC expect that the Contractor will be able to advise on the local, regional, and national sector investment markets and when it would be appropriate to acquire, hold, invest in, or dispose of an asset. SCDC shall require the Contractor to work closely with their Finance, Commercial and Legal teams and any other internal or external appointed property management company to ensure that the asset is well managed and maintained and that the administration and renewal of the leases is optimised. All assets should be compliant with health and safety regulations - it is the job of the asset management contractor to ensure this. It is expected that the asset management contractor will benefit from an in-house building surveyor to ensure the full requirements of this contract can be completed.",
        "lots": [
            {
                "id": "1",
                "description": "SCDC wishes to appoint a suitably qualified and experienced contractor to provide a service which encompasses the following: * To advise on the management of the Council's commercial property assets that meet the Councils adopted strategies (supporting economic growth and regeneration). * To provide commercial property investment advice by sourcing potential investment opportunities set by SCDC that meet the criteria set in the Council's Investment Strategy. SCDC owns assets on Cambridge Science Park, Colmworth Trading Park (St Neots), Cambourne Business Park and Northstowe Employment Zone and local centre. Assets range from high value multi-million-pound buildings, a wholly owned subsidiary (Cambourne Business Park Ltd), to a temporary community building in Northstowe. SCDC shall require the Contractor to manage the assets within their portfolio to always ensure that the portfolio is delivering the best performance obtainable, in both revenue and capital growth terms, ensuring best practice ESG performance whilst observing the security and liquidity guidance from Government. SCDC expect that the Contractor will be able to advise on the local, regional, and national sector investment markets and when it would be appropriate to acquire, hold, invest in, or dispose of an asset. SCDC shall require the Contractor to work closely with their Finance, Commercial and Legal teams and any other internal or external appointed property management company to ensure that the asset is well managed and maintained and that the administration and renewal of the leases is optimised. All assets should be compliant with health and safety regulations - it is the job of the asset management contractor to ensure this. It is expected that the asset management contractor will benefit from an in-house building surveyor to ensure the full requirements of this contract can be completed.",
                "awardCriteria": {
                    "criteria": [
                        {
                            "name": "Quality",
                            "type": "quality",
                            "description": "70"
                        },
                        {
                            "type": "price",
                            "description": "30"
                        }
                    ]
                },
                "contractPeriod": {
                    "durationInDays": 1080
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "Option to extend each and every year for a further 2 years."
                },
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "hasOptions": true,
                "options": {
                    "description": "Option to extend each and every year for a further 2 years."
                },
                "status": "active"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "UKH12"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "submissionMethod": [
            "electronicSubmission"
        ],
        "submissionMethodDetails": "https://procontract.due-north.com/Advert/Index?advertId=8775efa1-1ea8-ef11-8132-005056b64545",
        "documents": [
            {
                "id": "economic",
                "documentType": "economicSelectionCriteria"
            },
            {
                "id": "technical",
                "documentType": "technicalSelectionCriteria"
            }
        ],
        "contractTerms": {
            "performanceTerms": "As per the procurement documents"
        },
        "otherRequirements": {
            "requiresStaffNamesAndQualifications": true
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "coveredBy": [
            "GPA"
        ],
        "tenderPeriod": {
            "endDate": "2024-12-30T13:00:00Z"
        },
        "submissionTerms": {
            "languages": [
                "en"
            ]
        },
        "awardPeriod": {
            "startDate": "2024-12-30T13:00:00Z"
        },
        "bidOpening": {
            "date": "2024-12-30T13:00:00Z"
        },
        "hasRecurrence": false,
        "amendments": [
            {
                "id": "1",
                "unstructuredChanges": [
                    {
                        "oldValue": {
                            "date": "2024-12-30T13:00:00Z"
                        },
                        "newValue": {
                            "date": "2025-01-17T13:00:00Z"
                        },
                        "where": {
                            "section": "IV.2.2",
                            "label": "17 January 2025"
                        }
                    }
                ]
            }
        ]
    },
    "parties": [
        {
            "id": "GB-FTS-3503",
            "name": "South Cambridgeshire District Council",
            "identifier": {
                "legalName": "South Cambridgeshire District Council"
            },
            "address": {
                "streetAddress": "South Cambridgeshire Hall, Cambourne Business Park",
                "locality": "Cambourne",
                "region": "UKH12",
                "postalCode": "CB23 6EA",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Mr Sean Missin",
                "telephone": "+44 1954713378",
                "email": "sean.missin@scambs.gov.uk",
                "url": "https://procontract.due-north.com/Advert/Index?advertId=8775efa1-1ea8-ef11-8132-005056b64545"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.scambs.gov.uk",
                "buyerProfile": "https://www.scambs.gov.uk",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "REGIONAL_AUTHORITY",
                        "description": "Regional or local authority"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "01",
                        "description": "General public services"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-131601",
            "name": "South Cambridgeshire District Council",
            "identifier": {
                "legalName": "South Cambridgeshire District Council"
            },
            "address": {
                "streetAddress": "South Cambs Hall, Cambourne Business Park",
                "locality": "Cambourne",
                "postalCode": "CB23 6EA",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "sean.missin@scambs.gov.uk"
            },
            "roles": [
                "reviewBody"
            ]
        }
    ],
    "buyer": {
        "id": "GB-FTS-3503",
        "name": "South Cambridgeshire District Council"
    },
    "language": "en"
}