--- title: "6 Cross Street , Eye Mid Suffolk Operator" ocid: "ocds-b5fd17-3b5d4a61-7f61-4390-9044-34488752557d" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-3b5d4a61-7f61-4390-9044-34488752557d" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-3b5d4a61-7f61-4390-9044-34488752557d.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-3b5d4a61-7f61-4390-9044-34488752557d.json" source: "Contracts Finder" current_stage: "Tender" buyer: "BABERGH DISTRICT COUNCIL" published: "2023-07-11" --- # 6 Cross Street , Eye Mid Suffolk Operator Buyer: BABERGH DISTRICT COUNCIL Current stage: Tender OCID: ocds-b5fd17-3b5d4a61-7f61-4390-9044-34488752557d [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-3b5d4a61-7f61-4390-9044-34488752557d) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-3b5d4a61-7f61-4390-9044-34488752557d.json) ## Summary The Babergh District Council has initiated a tender process for the development of an innovation space and incubator facility in Eye, aimed at supporting startups to grow and collaborate. The project addresses the identified supply shortfall for incubator space in Mid Suffolk, offering opportunities for businesses in the real estate development and related consultancy services industry. The tender, currently in an open procedure stage, has a deadline for submissions on July 14, 2023, and a contract period running from August 31, 2023, to August 30, 2033, creating prospects for growth and collaboration within the local business community. This procurement opportunity by Babergh District Council seeks to provide a platform for startups to thrive and succeed through an innovative space in Eye. Small and medium-sized enterprises (SMEs) focused on development services of real estate, property management, and research consultancy are well-suited to compete for this contract. The location in the town centre offers access to better services and amenities, fostering a vibrant business community that can collaborate and share knowledge. Interested businesses are encouraged to visit the Suffolk Sourcing website to access all necessary tender documentation and participate in this promising opportunity. ## 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/6b2ecba5-119a-473f-8cb2-d06e90d57a83 | | 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 | 11 Jul 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 - 11 Jul 2023 at 07:38 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/6b2ecba5-119a-473f-8cb2-d06e90d57a83 - 11 Jul 2023 at 07:35 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/6b2ecba5-119a-473f-8cb2-d06e90d57a83 - 11 Jul 2023 at 07:35 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/6b2ecba5-119a-473f-8cb2-d06e90d57a83 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/6b2ecba5-119a-473f-8cb2-d06e90d57a83 11th July 2023 - Opportunity notice on Contracts Finder ## Notice URLs - http://www.babergh.gov.uk/business/supplying-the-council/ - http://www.suffolksourcing.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-b5fd17-3b5d4a61-7f61-4390-9044-34488752557d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-3b5d4a61-7f61-4390-9044-34488752557d.json.