---
title: "ADL: Management of Bath Rental Portfolio"
ocid: "ocds-b5fd17-22081118-bb7b-492a-83d7-86eac5df3633"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-22081118-bb7b-492a-83d7-86eac5df3633"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-22081118-bb7b-492a-83d7-86eac5df3633.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-22081118-bb7b-492a-83d7-86eac5df3633.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "AEQUUS DEVELOPMENTS LTD (BATH AND NORTH EAST SOMERSET COUNCIL)"
published: "2019-09-09"
---

# ADL: Management of Bath Rental Portfolio

Buyer: AEQUUS DEVELOPMENTS LTD (BATH AND NORTH EAST SOMERSET COUNCIL)  
Current stage: Award  
OCID: ocds-b5fd17-22081118-bb7b-492a-83d7-86eac5df3633

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## Summary

Aequus Developments Ltd, established by Bath and North East Somerset Council (B&NES), has completed the tender process for the management of its Bath Rental Portfolio, valued at £80,000. This procurement, classified under real estate services, used an open procedure method. The procurement stage reached the award phase on 29 August 2019, with the contract effective from 19 October 2019 until 18 October 2021. The managing agent will oversee 16 properties with 36 tenancies located in Bath, primarily in Georgian buildings. The tender was published on 8 July 2019, and submissions were accepted until 23 August 2019.

This contract offers significant opportunities for local letting agents and property management firms, particularly small and medium enterprises (SMEs) that are well-versed in managing residential properties. Companies in the real estate services industry looking to expand their footprint in the Bath area would find this tender particularly relevant. Successful suppliers can leverage contract experience for future opportunities while enhancing their local profile through association with a council-owned entity.

## Notice

Aequus Developments Ltd (ADL) was established by Bath and North East Somerset Council ("B&NES") in March 2016 to develop, deliver, own and manage its private residential property assets as well as to deliver new property developments for both private ownership and the private rented sector on a case by case basis. ADL currently holds the leasehold of 16 properties consisting of 36 tenancies within the centre of the city of Bath. These are mainly the upper floors of Georgian buildings (old offices, retail or residential spaces) and some single dwellings. We are looking for a local Letting Agent to manage our Bath Rental Portfolio

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/8c90e06f-f6e0-455a-974f-3acb62bbc949 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 Sep 2019 |
| Submission deadline | 23 Aug 2019 |
| Future notice date | Not specified |
| Award date | 28 Aug 2019 |
| Contract period | 18 Oct 2019 - 18 Oct 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £80,000 |
| Lots value | Not specified |
| Awards value | £80,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | AEQUUS DEVELOPMENTS LTD (BATH AND NORTH EAST SOMERSET COUNCIL) |
| Locality | BATH |
| Post town | Bath |
| Postcode | BA1 5AW |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK5 West of England |
| ITL 3 | TLK52 Bath & North East Somerset and South Gloucestershire |
| Local authority | Bath and North East Somerset |
| Electoral ward | Kingsmead |
| Westminster constituency | Bath |
| Delivery location | TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | GREGORYS ESTATE AGENT |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70000000 - Real estate services

## Release History

- 9 Sep 2019 at 10:42 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/8c90e06f-f6e0-455a-974f-3acb62bbc949
- 8 Jul 2019 at 11:18 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/8b84e2dc-f89a-46d4-8cda-08cde6a994de

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/8c90e06f-f6e0-455a-974f-3acb62bbc949
  9th September 2019 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/8b84e2dc-f89a-46d4-8cda-08cde6a994de
  8th July 2019 - Opportunity notice on Contracts Finder
- https://procontract.due-north.com/Advert?advertId=0b50b6e0-6da1-e911-80f8-005056b64545
  Advert

## Notice URLs

- http://www.bathnes.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-b5fd17-22081118-bb7b-492a-83d7-86eac5df3633. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-22081118-bb7b-492a-83d7-86eac5df3633.json.