---
title: "Otterpool Park: Commercial Advice on Joint Venture"
ocid: "ocds-b5fd17-60e60d88-233a-4a83-9086-a20fb50658b8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-60e60d88-233a-4a83-9086-a20fb50658b8"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-60e60d88-233a-4a83-9086-a20fb50658b8.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-60e60d88-233a-4a83-9086-a20fb50658b8.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FOLKESTONE AND HYTHE DISTRICT COUNCIL"
published: "2019-02-08"
---

# Otterpool Park: Commercial Advice on Joint Venture

Buyer: FOLKESTONE AND HYTHE DISTRICT COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-60e60d88-233a-4a83-9086-a20fb50658b8

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-60e60d88-233a-4a83-9086-a20fb50658b8)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-60e60d88-233a-4a83-9086-a20fb50658b8.json)

## Summary

The Folkestone and Hythe District Council is seeking commercial advice for the Otterpool Park project, focusing on establishing a joint venture and procuring development partners. This tender, classified under real estate services and business management consultancy, had a contract value of £90,000 and is currently in the award stage. The contract is set to run from 5 February 2019 to 4 February 2020, with the original tender period concluding on 9 January 2019. The advisory services are based in the South East of the United Kingdom, with key contact Mhairi Richards available for further queries.

This opportunity could create significant prospects for businesses in the consultancy and real estate sectors, particularly those providing expertise in joint ventures and urban development. Small and medium-sized enterprises (SMEs) with experience in commercial advisory services would find this tender well-suited to their capabilities, enabling them to engage with a local council on a high-profile project. The experience gained could enhance their portfolio and position them for future public sector opportunities.

## Notice

Ongoing commercial advice to the council (acting in its capacity as landowner / developer) during the preparation, negotiation and establishment of a JV or equivalent entity and procurement of development partner(s).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/ef4ba8c9-b55c-4e47-a89a-84fede998f6f |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 8 Feb 2019 |
| Submission deadline | 9 Jan 2019 |
| Future notice date | Not specified |
| Award date | 15 Jan 2019 |
| Contract period | 5 Feb 2019 - 4 Feb 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £90,000 |
| Lots value | Not specified |
| Awards value | £90,000 |
| 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 | FOLKESTONE AND HYTHE DISTRICT COUNCIL |
| Locality | FOLKESTONE |
| Post town | Canterbury |
| Postcode | CT20 2QY |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ4 Kent |
| ITL 3 | TLJ44 East Kent |
| Local authority | Folkestone and Hythe |
| Electoral ward | Folkestone Central |
| Westminster constituency | Folkestone and Hythe |
| Delivery location | TLJ South East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BNP PARIBAS REAL ESTATE ADVISORY & PROPERTY MANAGEMENT UK LI |

## CPV Codes

### Divisions

- 70 - Real estate services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 70000000 - Real estate services
- 79400000 - Business and management consultancy and related services

## Release History

- 8 Feb 2019 at 15:48 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/ef4ba8c9-b55c-4e47-a89a-84fede998f6f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/ef4ba8c9-b55c-4e47-a89a-84fede998f6f
  8th February 2019 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://www.folkestone-hythe.gov.uk/your-council/council-information/contracting

## 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-b5fd17-60e60d88-233a-4a83-9086-a20fb50658b8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-60e60d88-233a-4a83-9086-a20fb50658b8.json.
