--- title: "Asset Management - Professional Services" ocid: "ocds-b5fd17-979e1eed-9158-40b0-a9e1-c2149357fb95" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-979e1eed-9158-40b0-a9e1-c2149357fb95" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-979e1eed-9158-40b0-a9e1-c2149357fb95.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-979e1eed-9158-40b0-a9e1-c2149357fb95.json" source: "Contracts Finder" current_stage: "Tender" buyer: "CROYDON COUNCIL" published: "2018-09-17" --- # Asset Management - Professional Services Buyer: CROYDON COUNCIL Current stage: Tender OCID: ocds-b5fd17-979e1eed-9158-40b0-a9e1-c2149357fb95 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-979e1eed-9158-40b0-a9e1-c2149357fb95) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-979e1eed-9158-40b0-a9e1-c2149357fb95.json) ## Summary The Croydon Council is inviting tenders for the "Asset Management - Professional Services" contract, aimed at enhancing the efficient management of property-related resources as part of their Corporate Landlord Operating Model. This procurement, classified under real estate services and valued at £1,400,000, is currently in the tender stage, with submissions due by 29th October 2018. The contract will commence on 1st December 2018 and last for four years, though there is no guaranteed value of orders throughout the agreement. This tender follows an open procedure as outlined in the Public Contract Regulations 2015. This opportunity presents significant potential for businesses specialising in professional valuation and estate management services, such as those offering asset valuations, rent reviews, and feasibility studies. Companies looking to compete should be well-established, able to demonstrate compliance with financial turnover thresholds, and can leverage the council's focus on creating local employment and community support initiatives as part of contract performance responsibilities. This procurement not only aims to achieve operational efficiencies but also serves as a catalyst for regeneration within the London Borough of Croydon, thus fostering business growth in the area. ## Notice The Council implemented a 'Corporate Landlord Operating Model' in April 2016. The revised operating model has enabled the service to focus on continually improving asset utilisation and the efficient management of property related resources. The revised operating model means the Asset Management Team has a clear emphasis on strategic asset management tasks ensuring the Council's property estate is fit for purpose, efficient and supports the Council's core objectives and service delivery. To support the Asset Management & Facilities Management Services to deliver an effective 'Corporate Landlord Operating Model' a range of 'Professional Valuation and Estate Management Service leading providers are required to support day to day activities such as annual asset valuations, general valuations, rent reviews, feasibility studies, building surveys and structural engineering reports. The Contracting Authority ('The Council') is seeking tender responses from suitably qualified and experienced Service Providers to enter into a single provider contract for each Service Provision Lot. The Tier One Award Criteria is based on 60% Price and 40% Quality, further details relating to the Tier Two sub-criteria for each Service Provision Lot is shown within the respective ITT Pack. For further details on the proposed scope and contract value of the contract in accordance with the respective Service Provision Lots, see the appropriate ITT documents. The Council has set a minimum annual financial turnover threshold for each Service Provision Lot as outlined via the Table above. There is a requirement for all potential Tenderers to confirm compliance with the respective minimum annual turnover and indicative maximum transaction size requirements in accordance with each Service Provision Lot (they are vary for each lot), via the MRQ document (Volume 1 for respective Lot). The length of contract is four years and there is no guarantee of any value of orders over the course of the agreement. This invitation to tender is subject to OJEU Open Procedure in accordance with Public Contract Regulations 2015. It is also intended that the Contract be part of the Council's wider focus on ensuring that its economic activity is a catalyst for regeneration within the London Borough of Croydon so as to ensure Croydon as a place benefits from the expenditure related to the contract and changes people's lives for the better. The successful Service Provider for each Service Provision Lot will therefore be required to contribute to achieving these objectives and contract performance conditions may be imposed which relate to social value considerations, including supporting employment, creating apprenticeships, supporting priority groups, supporting business growth, supporting education to employment, supporting the community and governance. Further details are provided within the ITT Pack via the London tender portal (www.londontenders.org). ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/412d4424-f7b0-4ae1-9409-50c85c27e8c1 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 17 Sep 2018 | | Submission deadline | 29 Oct 2018 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 1 Dec 2018 - 30 Sep 2022 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £1,400,000 | | 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 | CROYDON COUNCIL | | Locality | CROYDON | | Post town | Croydon | | Postcode | CR0 1EA | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI6 Outer London - South | | ITL 3 | TLI62 Croydon | | Local authority | Croydon | | Electoral ward | Fairfield | | Westminster constituency | Croydon West | | Delivery location | TLI London | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70000000 - Real estate services ## Release History - 17 Sep 2018 at 17:04 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/412d4424-f7b0-4ae1-9409-50c85c27e8c1 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/412d4424-f7b0-4ae1-9409-50c85c27e8c1 17th September 2018 - Opportunity notice on Contracts Finder - http://www.croydon.gov.uk Croydon Council Contract Notice ## 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-b5fd17-979e1eed-9158-40b0-a9e1-c2149357fb95. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-979e1eed-9158-40b0-a9e1-c2149357fb95.json.