--- title: "Request for Quotation for the Provision of a Real Estate Development Advisor to the Council" ocid: "ocds-b5fd17-f8773d11-b76a-4309-a48d-4a1d8a5dd1f4" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f8773d11-b76a-4309-a48d-4a1d8a5dd1f4" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f8773d11-b76a-4309-a48d-4a1d8a5dd1f4.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-f8773d11-b76a-4309-a48d-4a1d8a5dd1f4.json" source: "Contracts Finder" current_stage: "Tender" buyer: "BURY COUNCIL" published: "2024-01-12" --- # Request for Quotation for the Provision of a Real Estate Development Advisor to the Council Buyer: BURY COUNCIL Current stage: Tender OCID: ocds-b5fd17-f8773d11-b76a-4309-a48d-4a1d8a5dd1f4 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-f8773d11-b76a-4309-a48d-4a1d8a5dd1f4) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-f8773d11-b76a-4309-a48d-4a1d8a5dd1f4.json) ## Summary The Bury Council has issued a tender titled "Request for Quotation for the Provision of a Real Estate Development Advisor to the Council" as part of a procurement process for real estate services in the North-West region of England. The procurement stage is currently active, with a closing deadline for quotation submissions set for 12.00 noon on Monday 5th February 2024. This tender presents an opportunity for businesses with expertise in real estate development and knowledge of the North-West market to provide technical support to the council. The procurement method is a limited competitive quotation process, offering a contract period starting from 1st March 2024 to 28th February 2025, extendable for two more 12-month periods. Businesses with experience in land negotiation, development economics, and public funding for development schemes would be well-suited to compete for this opportunity. ## 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 March 2024 to 28th February 2025 with an option to extend for two further 12-month periods until 28th February 2027. All paperwork and correspondence via the CHEST/Proactis portal. Closing time and date for quotation submissions: No later than 12.00 noon on Monday 5th February 2024 ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6f5d5145-dac6-4732-be5d-3b226e67e0d3 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Limited | | Procurement method details | Competitive quotation (below threshold) | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 12 Jan 2024 | | Submission deadline | 5 Feb 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 6 Mar 2024 - 28 Feb 2025 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £40 | | 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 | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70000000 - Real estate services ## Release History - 12 Jan 2024 at 11:48 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/6f5d5145-dac6-4732-be5d-3b226e67e0d3 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/6f5d5145-dac6-4732-be5d-3b226e67e0d3 12th January 2024 - Opportunity notice on Contracts Finder - https://procontract.due-north.com/Advert?advertId=ea86f9c9-3db1-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-f8773d11-b76a-4309-a48d-4a1d8a5dd1f4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f8773d11-b76a-4309-a48d-4a1d8a5dd1f4.json.