--- title: "6 Cross Street , Eye Mid Suffolk Operator" ocid: "ocds-b5fd17-32a3d858-965f-4c40-a6f6-b7af4fa58724" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-32a3d858-965f-4c40-a6f6-b7af4fa58724" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-32a3d858-965f-4c40-a6f6-b7af4fa58724.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-32a3d858-965f-4c40-a6f6-b7af4fa58724.json" source: "Contracts Finder" current_stage: "Tender" buyer: "BABERGH DISTRICT COUNCIL" published: "2023-06-16" --- # 6 Cross Street , Eye Mid Suffolk Operator Buyer: BABERGH DISTRICT COUNCIL Current stage: Tender OCID: ocds-b5fd17-32a3d858-965f-4c40-a6f6-b7af4fa58724 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-32a3d858-965f-4c40-a6f6-b7af4fa58724) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-32a3d858-965f-4c40-a6f6-b7af4fa58724.json) ## Summary The Babergh District Council is seeking to develop an innovation space and incubator facility in Eye to support startups and enable growth and collaboration. The tender, titled "6 Cross Street, Eye Mid Suffolk Operator," falls under the industry category of development services of real estate and includes a procurement method of open procedure (above threshold). The tender period ends on July 14, 2023, with a contract period starting on August 31, 2023, and ending on August 30, 2033. Businesses in the services sector, especially those involved in real estate development and related consultancy services, could find growth opportunities in this project. This procurement opportunity presents a chance for small and medium-sized enterprises to engage with the Babergh District Council in delivering a much-needed innovation space in Eye. Situated in the heart of the town centre, the facility aims to create a vibrant business community that fosters collaboration and knowledge sharing. Eligible businesses interested in property management services or those offering research and development consultancy services are well-suited to participate. With a focus on supporting startups to thrive and succeed, this contract emphasises providing a supportive environment for new businesses to grow and flourish. ## Notice In October 2019 Babergh and Mid Suffolk District Councils commissioned Menta to carry out a Grow on Space Supply and Demand Analysis - 318MEN Grow on Spaces Study V2.01 midsuffolk.gov.uk, which was subsequently updated to reflect the impact of the Covid 19 pandemic in August 2021. Following in depth consultation with local businesses and property agents, this study highlighted the need for incubation and start up space that is in or on the town outskirts where there are better services and amenities. There is currently a lack of co-working and hot desk space in the Eye area which would present little competition if a new space were created. The Council is seeking to develop an innovation space and incubator facility in Eye which can provide a supportive environment to enable starts ups to grow, flourish and collaborate. In the report, Mid Suffolk has an identified supply shortfall for incubator space of up to 1,500 sq. ft. New build investment costs for incubator space are high and, because of high churn, the security of rental income means commercial investment is seen as high risk by commercial developers. This has led to a lack of investment in the delivery of incubator spaces across the district. It has been identified that other districts which have invested in incubator space have seen the reward of growth and higher success rates of start-up businesses. The location of this building in town, in the heart of the town centre will enable businesses to benefit from better services and amenities. In addition, the creation of a new business community which gives the opportunity to collaborate, network, and share experiences and knowledge can be a key contributor to the vibrancy of the town centre. This investment underpins the organisation's vision and mission which is to provide strong, proud, and inspirational leadership, and that we will strive for excellence, and together build great communities for everyone to live, work, visit and invest in. Additional information: to view the tender and supporting documentation please visit the below website where you will be able to register and download all required documentation. http://www.suffolksourcing.uk/ Please be aware we will not accept late tender submissions, or tenders submitted to us other than via the e-tendering portal. We thankyou for your time and interest in this current opportunity. Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/06e1cdd6-04c5-496c-a520-079aeefd25e9 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 16 Jun 2023 | | Submission deadline | 14 Jul 2023 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Aug 2023 - 30 Aug 2033 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | 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 | BABERGH DISTRICT COUNCIL | | Locality | SUFFOLK | | Post town | Ipswich | | Postcode | IP1 2BX | | Country | England | | ITL 1 | TLH East (England) | | ITL 2 | TLH6 Suffolk | | ITL 3 | TLH62 Ipswich | | Local authority | Ipswich | | Electoral ward | Gipping | | Westminster constituency | Ipswich | | Delivery location | Not specified | ## CPV Codes ### Divisions - 70 - Real estate services - 73 - Research and development services and related consultancy services - 98 - Other community, social and personal services ### Codes - 70110000 - Development services of real estate - 70330000 - Property management services of real estate on a fee or contract basis - 73000000 - Research and development services and related consultancy services - 98300000 - Miscellaneous services ## Release History - 16 Jun 2023 at 10:50 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/06e1cdd6-04c5-496c-a520-079aeefd25e9 - 16 Jun 2023 at 10:50 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/06e1cdd6-04c5-496c-a520-079aeefd25e9 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/06e1cdd6-04c5-496c-a520-079aeefd25e9 16th June 2023 - Opportunity notice on Contracts Finder - http://www.babergh.gov.uk/business/supplying-the-council/ Additional information on how to apply for this contract ## Notice URLs - http://www.suffolksourcing.uk/ ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. 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