--- title: "Managing Agent - Property Acquisitions & Improvement programme" ocid: "ocds-b5fd17-0757c059-2975-4165-9a7e-bcd5215a0fd4" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-0757c059-2975-4165-9a7e-bcd5215a0fd4" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-0757c059-2975-4165-9a7e-bcd5215a0fd4.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-0757c059-2975-4165-9a7e-bcd5215a0fd4.json" source: "Contracts Finder" current_stage: "Tender" buyer: "LAMPTON INVESTMENT & DEVELOPMENT 360" published: "2021-08-20" --- # Managing Agent - Property Acquisitions & Improvement programme Buyer: LAMPTON INVESTMENT & DEVELOPMENT 360 Current stage: Tender OCID: ocds-b5fd17-0757c059-2975-4165-9a7e-bcd5215a0fd4 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-0757c059-2975-4165-9a7e-bcd5215a0fd4) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-0757c059-2975-4165-9a7e-bcd5215a0fd4.json) ## Summary The procurement process involves Lampton Investment & Development 360 seeking a Managing Agent for their Property Acquisitions & Improvement programme within the London Borough of Hounslow. The tender, titled "Managing Agent - Property Acquisitions & Improvement programme", is currently in the Planning stage and was published on 20th August 2021. Expressions of interest are requested until 13th September 2021, following which the tender period is expected to commence. The initial contract term is set for three years with an estimated value of £7 million, and the primary industry category involved is property management services. This tender presents significant opportunities for businesses specialising in property management and real estate services, particularly those with RICS accreditation and membership to the Property Ombudsman. Companies that can demonstrate expertise in property acquisitions within the Greater London area, especially those willing to establish a local office to ensure rapid response times, would be well-suited to compete. This contract not only allows for the development of a potentially lucrative partnership but also enhances the successful bidder's portfolio through the management of essential public sector properties. ## Notice Lampton Investment & Development 360 are seeking to appoint a single Managing Agent to manage a Property Acquisitions & Improvement programme with an initial term of 3 years. The successful Managing Agent will need to have a track record to demonstrate their experience, knowledge and capability in acquiring properties in the London Borough of Hounslow region. Other requirements include, but are not limited to, holding RICS accreditation, membership to the Property Ombudsman and TRUSTMARK. The successful Managing Agent will be expected to work alongside Lampton Investment & Development 360 to draft a specification and pricing schedule for 1) Void work and 2) a Reactive / Planned Repair and Maintenance contract. The Managing Agent contract will include Key Performance Indicators which require extremely quick turnaround responses. Therefore it may be beneficial for those intending to express and interest to this Notice to consider establishing an office within the London Borough of Hounslow. No sub-contracting of the Managing Agent function will be permitted. The purpose of this Notice is a call for expressions of interest in order to create a select list of interested companies who will receive a tender pack after the initial period for expressions of interest expires. Please note the tender process will include financial and background assessments which will be covered in the tender pack. The expression of interest date commences on the 20th August 2021 at 14:00 and will expire on the 13th September 2021 at 17:00. It is intended the Tender period to commence shortly after the 13th September 2021. The estimated contract value is PS7m , the actual out turn is unknown. However it is believed the estimation is a true reflection of the Managing Agent contract value, this is at the lower end of the estimation. Additional information: The purpose of this Notice is a call for expressions of interest in order to create a select list of interested companies who will receive a tender pack after the initial period for expressions of interest expires. Please note the tender process will include financial and background assessments which will be covered in the tender pack. The expression of interest date commences on the 20th August 2021 at 14:00 and will expire on the 13th September 2021 at 17:00. It is intended the Tender period to commence shortly after the 13th September 2021. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/bd369820-b77f-4455-9050-af03fda8eb24 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 20 Aug 2021 | | Submission deadline | 13 Sep 2021 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Mar 2022 - 31 Mar 2025 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £7,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | LAMPTON INVESTMENT & DEVELOPMENT 360 | | Locality | HOUNSLOW | | Post town | Twickenham | | Postcode | TW3 3EB | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI7 Outer London - West and North West | | ITL 3 | TLI75 Hounslow and Richmond upon Thames | | Local authority | Hounslow | | Electoral ward | Hounslow West | | Westminster constituency | Feltham and Heston | | Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70330000 - Property management services of real estate on a fee or contract basis ## Release History - 20 Aug 2021 at 14:07 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/bd369820-b77f-4455-9050-af03fda8eb24 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/bd369820-b77f-4455-9050-af03fda8eb24 20th August 2021 - Opportunity notice on Contracts Finder ## Notice URLs - http://www.hounslow.gov.uk/ ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-0757c059-2975-4165-9a7e-bcd5215a0fd4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-0757c059-2975-4165-9a7e-bcd5215a0fd4.json.