---
title: "Contract for Property Management Services"
ocid: "ocds-b5fd17-66a7268c-5f08-4fc9-bd04-3f1c8f0949d5"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-66a7268c-5f08-4fc9-bd04-3f1c8f0949d5"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-66a7268c-5f08-4fc9-bd04-3f1c8f0949d5.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-66a7268c-5f08-4fc9-bd04-3f1c8f0949d5.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WYRE FOREST DISTRICT COUNCIL"
published: "2024-11-01"
---

# Contract for Property Management Services

Buyer: WYRE FOREST DISTRICT COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-66a7268c-5f08-4fc9-bd04-3f1c8f0949d5

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## Summary

Wyre Forest District Council has successfully completed the procurement process for property management services, awarding the contract to MK2 Real Estate Property Management Limited. This contract, valued at £412,545, is for managing the Council’s commercial property portfolio located in Kidderminster, Solihull, and Bromsgrove. The procurement was executed via an open procedure and the contract will run from 28th October 2024 to 31st August 2027, with a possible extension up to six years. The services fall under the "property management services of real estate on a fee or contract basis" classification, aimed at the West Midlands region.

This tender presents significant opportunities for businesses specialising in property management, particularly those that are small and medium-sized enterprises (SMEs). The duration and scale of the contract offer substantial potential for business growth and long-term collaboration with public sector clients. SMEs and start-ups in the property management industry, as well as regional service providers in the West Midlands, would find this tender particularly advantageous, enabling them to expand their portfolios and gain experience in managing diversified commercial properties. The competitive open procedure ensures accessibility for qualified entities capable of meeting the specification requirements set by Wyre Forest District Council.

## Notice

Contract for Property Management Services Ref: WF2024/071 Wyre Forest District Council ("the Council") sought to appoint a Contractor to manage their commercial property portfolio known as the Capital Portfolio Fund, with properties located in Kidderminster, Solihull and Bromsgrove. The appointment was made by way of competitive Tender via the Open procedure based on the Requirements and Specification set within the tender documents. The contract will be for a period of 3 years with the option to extend for a further 2 years + 1 year (maximum of 6 years). The tender exercise was carried out via e-procurement portal, ProContract-DueNorth.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3de24d53-9c45-4657-8720-71f82c8896fc |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME, VCSE |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 Nov 2024 |
| Submission deadline | 16 Aug 2024 |
| Future notice date | Not specified |
| Award date | 14 Oct 2024 |
| Contract period | 28 Oct 2024 - 31 Aug 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £412,545 |
| Lots value | Not specified |
| Awards value | £412,545 |
| 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 | WYRE FOREST DISTRICT COUNCIL |
| Locality | KIDDERMINSTER |
| Post town | Dudley |
| Postcode | DY11 7WF |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG1 Herefordshire, Worcestershire and Warwickshire |
| ITL 3 | TLG12 Worcestershire CC |
| Local authority | Wyre Forest |
| Electoral ward | Mitton |
| Westminster constituency | Wyre Forest |
| Delivery location | TLG West Midlands (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MK2 REAL ESTATE PROPERTY MANAGEMENT |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70330000 - Property management services of real estate on a fee or contract basis

## Release History

- 1 Nov 2024 at 10:33 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3de24d53-9c45-4657-8720-71f82c8896fc

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3de24d53-9c45-4657-8720-71f82c8896fc
  1st November 2024 - Awarded contract notice on Contracts Finder
- https://procontract.due-north.com/Advert?advertId=c711ba6a-2b44-ef11-812d-005056b64545
  Advert

## Notice URLs

- https://www.wyreforestdc.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-b5fd17-66a7268c-5f08-4fc9-bd04-3f1c8f0949d5. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-66a7268c-5f08-4fc9-bd04-3f1c8f0949d5.json.