---
title: "P24-0061: Scottish Enterprise Investment Property Portfolio - Asset Management Contract"
ocid: "ocds-h6vhtk-044452"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-044452"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-044452.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-044452.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "SCOTTISH ENTERPRISE"
published: "2024-05-30"
---

# P24-0061: Scottish Enterprise Investment Property Portfolio - Asset Management Contract

Buyer: SCOTTISH ENTERPRISE  
Current stage: Award  
OCID: ocds-h6vhtk-044452

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## Summary

Scottish Enterprise is seeking a supplier to provide property management services for its investment property portfolio, valued at GBP153M. The contract, titled "P24-0061: Scottish Enterprise Investment Property Portfolio - Asset Management Contract," will commence on 1 July 2024, lasting for 4 years with the potential for two 1-year extensions. The total contract value ranges between GBP1,800,000 and GBP2,400,000 (excl VAT). The procurement stage is complete, and Colliers International Property Advisers UK LLP has been awarded the contract.

This contract presents an opportunity for businesses offering commercial property management services to compete for a significant contract with Scottish Enterprise. Companies specialising in property management, real estate services, and building surveying would be well-suited to bid. The contract is intended to support the effective management of Scottish Enterprise's diverse property assets, offering a substantial revenue opportunity for the successful supplier over the contract's potential 6-year duration.

## Notice

Scottish Enterprise intends to undertake a competitive tendering process to appoint a supplier to provide the full range of property management services across its investment property portfolio. This portfolio, which is subject to regular change, was recently valued (September 2023) at GBP153M and comprises industrial buildings, offices, multi-occupancy business centres, science & technology parks, development land and other property interests. Full details of the contract opportunity can be found within the Invitation to Tender (ITT). Scottish Enterprise envisage that the contract will commence on 1 July 2024. The contract duration is 4 years, with the option to extend for 2 x 1-year periods, totalling 6 years overall. The estimated value of the contract over the full duration is anticipated as being between GBP1,800,000 and GBP2,400,000 (excl VAT).

### Lot Information

Lot 1

Scottish Enterprise intends to undertake a competitive tendering process to appoint a supplier to provide the full range of property management services across its investment property portfolio. This portfolio, which is subject to regular change, was recently valued (September 2023) at GBP153M and comprises industrial buildings, offices, multi-occupancy business centres, science & technology parks, development land and other property interests. Full details of the contract opportunity can be found within the Invitation to Tender (ITT). Scottish Enterprise envisage that the contract will commence on 1 July 2024. The contract duration is 4 years, with the option to extend for 2 x 1-year periods, totalling 6 years overall. The estimated value of the contract over the full duration is anticipated as being between GBP1,800,000 and GBP2,400,000 (excl VAT). Additional information: Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Renewal: The initial period of the contract will be for 4 years (48 months), with 2 x 1-year (12-month) optional extensions. The maximum duration is therefore 6 years (72 months).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/016906-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 May 2024 |
| Submission deadline | 2 Apr 2024 |
| Future notice date | Not specified |
| Award date | 15 May 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £2,400,000 |
| Lots value | £2,400,000 |
| Awards value | Not specified |
| Contracts value | £1,950,390 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SCOTTISH ENTERPRISE |
| Locality | GLASGOW |
| Post town | Glasgow |
| Postcode | G2 6HQ |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM3 West Central Scotland |
| ITL 3 | TLM32 Glasgow City |
| Local authority | Glasgow City |
| Electoral ward | Anderston/City/Yorkhill |
| Westminster constituency | Glasgow North |
| Delivery location | TLM Scotland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | COLLIERS INTERNATIONAL PROPERTY ADVISERS |

## CPV Codes

### Divisions

- 70 - Real estate services
- 71 - Architectural, construction, engineering and inspection services

### Codes

- 70000000 - Real estate services
- 70100000 - Real estate services with own property
- 70130000 - Letting services of own property
- 70200000 - Renting or leasing services of own property
- 70220000 - Non-residential property renting or leasing services
- 70330000 - Property management services of real estate on a fee or contract basis
- 70332000 - Non-residential property services
- 70332200 - Commercial property management services
- 70332300 - Industrial property services
- 71315300 - Building surveying services

## Release History

- 30 May 2024 at 13:52 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/016906-2024
- 29 Feb 2024 at 13:52 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/006525-2024

## Notice URLs

- http://www.gov.scot/Topics/Government/Procurement/Selling/supplier-enquiries
- http://www.publiccontractsscotland.gov.uk
- http://www.scottish-enterprise.com/
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000751713
- https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00398
- https://www.scotcourts.gov.uk/the-courts/court-locations/glasgow-sheriff-court-and-justice-of-the-peace-court
- https://www.scottish-enterprise.com/help/contact-us

## 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-044452. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-044452.json.