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P25-0019 Manufacturing Property Challenge Programme - Property Advice

Scottish Enterprise

This public procurement record has 2 releases in its history.

Award

13 Sep 2024 at 01:00

PCS Notice - Website Contract Award Notice
Tender

24 Jul 2024 at 01:00

PCS Notice - Website Contract Notice
Summary of the contracting process

Scottish Enterprise recently completed a public procurement process titled "P25-0019 Manufacturing Property Challenge Programme - Property Advice." The contract, facilitated through an open procedure, was awarded to Avison Young (UK) Limited. This initiative falls under the services industry category and aims to support the assessment and due diligence for Stage 2 applications for grant funding via the Manufacturing Property Challenge Programme (MPCP). The procurement covered the UKM region, with key dates including a contract commencement on 2 September 2024 and a completion date of 31 January 2025. The contract's value is £48,750, and the procurement stages of planning, tender, and award have been completed, adhering to the Scottish Enterprise Regional And SME Investment Subsidy Scheme 2022 – 2025.

This tender offers substantial opportunities for businesses specialising in property development, assessment, and financial due diligence to engage with Scottish Enterprise and deliver crucial advisory services. With a task to review technical and financial viability and contributing to the development appraisal process, this engagement is particularly suited for firms experienced in industrial property development appraisals. This opens avenues for leveraging expertise in providing detailed technical assessments, conducting independent bid reviews, and advising on the marketing proposals, thereby enabling these businesses to demonstrate value-added services and strengthen their portfolio within the public sector market.

How relevant is this notice?

Notice Information

Notice Title

P25-0019 Manufacturing Property Challenge Programme - Property Advice

Notice Description

Scottish Enterprise has appointed a supplier to support the assessment and due diligence requirements for Stage 2 applications for grant funding support via the Manufacturing Property Challenge Programme (MPCP). The contract commenced on 2 September 2024 with a completion date of 31 January 2025.

Lot Information

Lot 1

This is a CONTRACT AWARD NOTICE, details as follows: The key outputs of the service are detailed below: - Review of the Stage 2 application form to ensure that all necessary technical information is requested with recommendations for potential improvement to the form in order to ensure that the application provides Scottish Enterprise with comprehensive information for assessment and funding award. - Preparation of a standard form of development appraisal for use in Stage 2 applications. The MPCP is being delivered under the Scottish Enterprise Regional And SME Investment Subsidy Scheme 2022 - 2025 - SC10674 which requires that any requested subsidy should not exceed the difference between the eligible costs and the operating profit of the investment - 'operating profit' means the difference between the discounted revenues and the discounted costs over the economic lifetime of the investment, where this difference is positive. Discounting revenues and eligible costs using an appropriate discount rate allows a reasonable profit to be made. This should be in the form of an excel based cashflow that provides for input of the relevant project financial information (costs and income) over the economic lifetime of the project. The spreadsheet should provide a comparison of 'with' and 'without' the requested grant using the Green Book discount rate of 3.5%. - Independent review of Stage 2 bid submissions, making recommendations to the SE assessment panel on the following aspects: - Technical assessment of the buildings proposed in the bids, with a recommendation on suitability of the proposed facility for manufacturing occupiers. - Review of the project development appraisal with commentary on the key financial assumptions e.g. rent, yield, void periods, incentives, gross development value and viability gaps. Where appropriate, undertake limited sensitivity analysis of key variables based on the project assumptions in the application. - Review of the applicant's marketing proposals for the project.. Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000773223
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP514245
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award 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

70332300 - Industrial property services

Notice Value(s)

Tender Value
£90,000 Under £100K
Lots Value
£90,000 Under £100K
Awards Value
Not specified
Contracts Value
£48,750 Under £100K

Notice Dates

Publication Date
13 Sep 20241 years ago
Submission Deadline
12 Aug 2024Expired
Future Notice Date
Not specified
Award Date
22 Aug 20242 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 Enterprise
Additional Buyers

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
EDINBURGH
Postcode
G2 6HQ
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

Avison Young (UK) Limited

Further Information

Notice Documents

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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