--- title: "Request for Quotation for the Provision of a Real Estate Development Advisor to the Council V1" ocid: "ocds-b5fd17-d96abc63-7e59-4a2b-8264-c3a777521396" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d96abc63-7e59-4a2b-8264-c3a777521396" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d96abc63-7e59-4a2b-8264-c3a777521396.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-d96abc63-7e59-4a2b-8264-c3a777521396.json" source: "Contracts Finder" current_stage: "Tender" buyer: "BURY COUNCIL" published: "2024-02-22" --- # Request for Quotation for the Provision of a Real Estate Development Advisor to the Council V1 Buyer: BURY COUNCIL Current stage: Tender OCID: ocds-b5fd17-d96abc63-7e59-4a2b-8264-c3a777521396 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-d96abc63-7e59-4a2b-8264-c3a777521396) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-d96abc63-7e59-4a2b-8264-c3a777521396.json) ## Summary The Bury Council has initiated a tender process for the provision of a Real Estate Development Advisor. The procurement stage is currently active, with the closing time and date for quotation submissions set for 12.00 noon on Wednesday 20th March 2024. The contract period is slated to run from 1st May 2024 to 30th April 2025, with a possible extension up to 30th April 2027. The procurement falls under the industry category of 'Real estate services' and is located in the North West region of the United Kingdom. This tender opportunity provides a chance for businesses with expertise in real estate development, including those with thorough knowledge of the North-West real estate market and experience in negotiating land agreements with developers, to engage with the Bury Council. With a value of £70,000 GBP, this open tender aims to attract small and medium-sized enterprises suited to offering technical development support. Businesses adept at reviewing development appraisals and advising on overage agreements are well-suited to compete in this open procedure procurement. ## Notice Bury Council is seeking to appoint the continuation of a Real Estate Development Advisor to provide technical development support to the Council in bringing forwards key development opportunities. The Council's current contract for this service has now expired and there is a need for its continuation, hence offering this opportunity out. * Detailed knowledge of the North-West real estate market. * Direct experience of taking sites out to the market to secure development. * Fundamental understanding of development economics and how these apply to public land being primed for development. * Evidence of comprehensive experience of negotiating land and property agreements with developers. * Detailed ability to review and advise the Council on development appraisals. * An in-depth understanding of overage agreements, and a capability to critically assess the costs and values supplied by the developer in relation to the overage agreement and to propose a negotiating position for the Council. * Detailed understanding of the capability of the Council and other public bodies to provide funding to support development schemes (Subsidy Control and the broad principles of public investment). The initial contract period will commence on 1st May 2024 to 30th April 2025 with an option to extend for two further 12-month periods until 30th April 2027. All paperwork and correspondence via the CHEST/Proactis portal. Closing time and date for quotation submissions: By no later than 12.00 noon on Wednesday 20th March 2024. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/8006d635-47a5-41bd-a294-70058c5f3f39 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (below threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 22 Feb 2024 | | Submission deadline | 20 Mar 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 30 Apr 2024 - 30 Apr 2025 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £70,000 | | 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 | BURY COUNCIL | | Locality | BURY | | Post town | Bolton | | Postcode | BL9 0EJ | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD3 Greater Manchester | | ITL 3 | TLD37 Greater Manchester North East | | Local authority | Bury | | Electoral ward | Bury East | | Westminster constituency | Bury North | | Delivery location | TLD North West (England) | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70000000 - Real estate services ## Release History - 22 Feb 2024 at 16:57 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/8006d635-47a5-41bd-a294-70058c5f3f39 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/8006d635-47a5-41bd-a294-70058c5f3f39 22nd February 2024 - Opportunity notice on Contracts Finder - https://procontract.due-north.com/Advert?advertId=6c3203f3-a0d1-ee11-8127-005056b64545 Advert ## Notice URLs - http://www.bury.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-d96abc63-7e59-4a2b-8264-c3a777521396. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-d96abc63-7e59-4a2b-8264-c3a777521396.json.