--- title: "A Property Management Agent for Lot 1, 2 New Bailey Square and Lot 2, 100 Embankment" ocid: "ocds-h6vhtk-03173b" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03173b" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03173b.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03173b.json" source: "Find A Tender Service" current_stage: "Award" buyer: "SALFORD CITY COUNCIL" published: "2022-02-15" --- # A Property Management Agent for Lot 1, 2 New Bailey Square and Lot 2, 100 Embankment Buyer: SALFORD CITY COUNCIL Current stage: Award OCID: ocds-h6vhtk-03173b [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03173b) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-03173b.json) ## Summary The public procurement process involves Salford City Council, which is seeking a Property Management Agent for two prime locations: 2 New Bailey Square and 100 Embankment, both situated in the UK. The procurement falls under the category of real estate services and is currently in the Award stage, having concluded its tendering phase. The awarded contracts, each valued at £159,670, were signed on 8 April 2021. This project aims to enhance the management and maintenance of significant office spaces within the city, forecasted for practical completion by May 2020. This tender presents substantial opportunities for real estate and property management firms, particularly those with experience in managing large commercial properties. Businesses that can deliver high-quality management services while maintaining competitive pricing are likely to thrive in this environment, especially firms capable of ensuring a safe and attractive experience for tenants and visitors alike. The management contract offers the potential for a long-term relationship, with an initial three-year term and the option for a two-year extension. ## Notice 2 New Bailey Square is comprised of 188,000sq ft of grade A office across ten upper storeys together with ground floor retail/leisure space. Tenants of the building also benefit from access to a communal roof terrace and a basement car park. Two occupiers, Eversheds Sutherland LLP and Berrymans Lace Mawer LLP have between them committed to occupy six and a half of the ten floors and marketing continues to identify occupiers for the remaining space. 100 Embankment is the second and final phase of the Embankment development and is located alongside 101 Embankment which was completed in 2016. The property sits on a podium deck within which is a 455 space Q-Park and a Sainsburys convenience store. Adjacent to the development is the Greengate link forming the main route between Manchester city centre and the expanding Greengate residential area. Embankment is a nine storey 166,000sq ft grade A office building, phase 2 of the Embankment development. Practical completion is forecast for May 2020 (subject to change). The Council is forward funding the development and will own the completed building. The appointment will be for the management of 100 Embankment only, there will be no other properties or estate common parts forming part of the instruction. ### Lot Information A Property Managing Agent for 2 New Bailey Square This is a 3 year contract with the option to extend for a further 2 years for both Bailey Square and 100 Embankment. The key objectives for the managing agent will be to: * Provide an exceptional management service to occupiers, visitors and potential occupiers of 2 New Bailey Square and 100 Embankment. * Maintain a safe, clean and attractive environment in a pleasant and well-maintained building * Provide at all times the services at a competitive price having regard to the service charge payable by the buildings' occupiers * Manage and provide service charge cost information in a timely and transparent manner adhering at all times to the RICS Professional Statement on service charges A Property Managing Agent for 100 Embankment This is a 3 year contract with the option to extend for a further 2 years for both Bailey Square and 100 Embankment. The key objectives for the managing agent will be to: * Provide an exceptional management service to occupiers, visitors and potential occupiers of 2 New Bailey Square and 100 Embankment. * Maintain a safe, clean and attractive environment in a pleasant and well-maintained building * Provide at all times the services at a competitive price having regard to the service charge payable by the buildings' occupiers * Manage and provide service charge cost information in a timely and transparent manner adhering at all times to the RICS Professional Statement on service charges ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/004255-2022 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 15 Feb 2022 | | Submission deadline | Not specified | | Future notice date | Not specified | | Award date | 7 Apr 2021 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £159,670 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Cancelled | | Awards status | Active | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | SALFORD CITY COUNCIL | | Locality | SWINTON | | Post town | Manchester | | Postcode | M27 5AW | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD3 Greater Manchester | | ITL 3 | TLD34 Greater Manchester South West | | Local authority | Salford | | Electoral ward | Swinton & Wardley | | Westminster constituency | Worsley and Eccles | | Delivery location | TLD3 Greater Manchester | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | KNIGHT FRANK | ## 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 - 15 Feb 2022 at 10:44 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/004255-2022 ## Notice URLs - http://www.salford.gov.uk/ - https://ted.europa.eu/udl?uri=TED:NOTICE:249516-2020:TEXT:EN:HTML ## 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-h6vhtk-03173b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03173b.json.