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Home ownership Shared Equity Administration and Aftersales

Scottish Government

This public procurement record has 2 releases in its history.

Award

09 Oct 2023 at 01:00

OJEU - F3 - Contract Award Notice
Tender

25 May 2023 at 01:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The Scottish Government has awarded a contract for Home ownership Shared Equity Administration and Aftersales Services. The buying organisation, the Scottish Government, located in Glasgow, UK, initiated this tender process. The tender falls under the services category and was conducted through an open procedure. The contract worth £4,700,000 was signed on 28th September 2023. The contract involves after-sales transactions for various shared equity schemes and may include future home ownership schemes like the Rural Highland and Islands Action Plan. The procurement stage is at the award phase.

This tender for Home ownership Shared Equity Administration and Aftersales Services by the Scottish Government offers business growth opportunities for firms providing admin and after-sales services for affordable home schemes. Small and medium-sized enterprises (SMEs) specialising in property transactions, secured lending, and home improvement services are well-suited to compete. The contract includes possible extensions up to September 2031 and requires bidders to meet specific financial, insurance, and experience criteria. The location of delivery for services is primarily in the UKM region, making it suitable for local service providers.

How relevant is this notice?

Notice Information

Notice Title

Home ownership Shared Equity Administration and Aftersales

Notice Description

The Scottish Government has a requirement to place a contract with an external service provider for the provision of Home ownership Shared Equity Administration and Aftersales Services.

Lot Information

Lot 1

The Scottish Government has a requirement to place a contract with an external service provider for the provision of Home ownership Shared Equity Administration and Aftersales Services. This included the Government's Open Market Shared Equity scheme (OMSE). The scheme aims to help first time buyers and priority access groups on low to moderate incomes to purchase a property on the open market. It is a targeted scheme for affordable homes and people on low to moderate incomes. Every home purchased with assistance from a Scottish Government shared equity scheme will require one or more after sales transactions to be completed over the time period Scottish Ministers hold an equity stake in a property which would include (list not exhaustive): - Sale of a property - Additional Secured Lending - Addition/Removal of a person from title - Permission for home improvement requiring planning permission - Re-mortgage of property - Purchase of some or all of Scottish Ministers equity stake (tranching up) The after sales transactions which sit within this contract will be for the following schemes: - First Home Fund - Open Market Shared Equity Scheme - Homestake - The option to take on additional work for New Supply Shared Equity (NSSE) and NSSE with Developers where the responsible RSL do not wish to carry out after sales work for these schemes -Help to Buy Aftersales will fold into this contract when the current contract ends in March 2024

Options: This contract may also incorporate any Future Home Ownership Schemes which require administrative agents in place to deliver, an example of this may be the work that comes out of the Rural Highland and Islands Action Plan (RHIAP).

Renewal: The Purchaser may, by giving notice to the Service Provider, extend the period of the Contract to a date falling no later than 30 September 2031. Subject to that constraint, the Purchaser may extend the period of the Contract on more than one occasion.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000733105
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT490005
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award 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

75 - Administration, defence and social security services

CPV Codes

75123000 - Administrative housing services

Notice Value(s)

Tender Value
£4,400,000 £1M-£10M
Lots Value
£4,400,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£4,700,000 £1M-£10M

Notice Dates

Publication Date
9 Oct 20232 years ago
Submission Deadline
28 Jun 2023Expired
Future Notice Date
Not specified
Award Date
28 Sep 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Government
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G2 8EA
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

CURB~6 ltd

Further Information

Notice Documents

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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