---
title: "Provision of Stock Rationalisation Services"
ocid: "ocds-b5fd17-5a6917f7-4ae0-43c4-aafd-1ecb64ebb8c1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-5a6917f7-4ae0-43c4-aafd-1ecb64ebb8c1"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-5a6917f7-4ae0-43c4-aafd-1ecb64ebb8c1.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-5a6917f7-4ae0-43c4-aafd-1ecb64ebb8c1.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BROMFORD HOUSING GROUP LIMITED"
published: "2019-09-13"
---

# Provision of Stock Rationalisation Services

Buyer: BROMFORD HOUSING GROUP LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-5a6917f7-4ae0-43c4-aafd-1ecb64ebb8c1

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## Summary

Bromford Housing Group Limited is conducting a procurement process for the "Provision of Stock Rationalisation Services" in the real estate services industry. The tender is currently in the award stage, with the contract period established from 26th August 2019 to 25th August 2020. This selective procurement method, based on a call-off from a framework agreement, had a tender period that concluded on 15th August 2019. The total value of the contract is £138,170, and the services will be delivered at locations in the West Midlands region of the United Kingdom.

This contract presents a valuable opportunity for small and medium-sized enterprises (SMEs) experienced in real estate advisory and management services. Companies that can provide stock condition surveys, develop marketing strategies for property disposals, and handle due diligence processes would be well-suited to compete. Engaging in this tender could help businesses expand their portfolios and establish long-term relationships with a prominent housing organisation in the UK.

## Notice

Bromford wishes to dispose of residential properties so sought to select a suitable supplier for the provision of the following services: * Recommend the most favorable disposal route based on initial soft marketing exercise of a selection of suitable housing providers. * Undertake warranted stock condition surveys to be included within the marketing material. * Advise on the likely receipts that could be realized from a disposal. * Develop and carry out formal expressions of interest with relevant parties including, non-disclosure agreements, online data room and marketing of the portfolio. * Carry out due diligence on any bidders and evaluate offers with recommendations. * Progress any subsequent sale and to project manage the process through to exchange of contracts. * Deliver Best practice approach and be regulatory compliant and to prepare portfolios for a transaction.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1edc5f82-e622-4cd8-9383-1084466f0b09 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Sep 2019 |
| Submission deadline | 15 Aug 2019 |
| Future notice date | Not specified |
| Award date | 20 Aug 2019 |
| Contract period | 25 Aug 2019 - 25 Aug 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £138,170 |
| Lots value | Not specified |
| Awards value | £138,170 |
| 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 | BROMFORD HOUSING GROUP LIMITED |
| Locality | WOLVERHAMPTON |
| Post town | Wolverhampton |
| Postcode | WV10 9LE |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG39 Wolverhampton |
| Local authority | Wolverhampton |
| Electoral ward | Oxley |
| Westminster constituency | Wolverhampton North East |
| Delivery location | TLG West Midlands (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | SAVILLS (UK |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70000000 - Real estate services

## Release History

- 13 Sep 2019 at 13:03 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1edc5f82-e622-4cd8-9383-1084466f0b09

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1edc5f82-e622-4cd8-9383-1084466f0b09
  13th September 2019 - Awarded contract notice on Contracts Finder

## 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-b5fd17-5a6917f7-4ae0-43c4-aafd-1ecb64ebb8c1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-5a6917f7-4ae0-43c4-aafd-1ecb64ebb8c1.json.
