---
title: "ESPH NB HBC Property Acquisition and Refurbishment Services (ESPH642 JB)"
ocid: "ocds-h6vhtk-0472c8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0472c8"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0472c8.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0472c8.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "HASTINGS BOROUGH COUNCIL"
published: "2025-01-09"
---

# ESPH NB HBC Property Acquisition and Refurbishment Services (ESPH642 JB)

Buyer: HASTINGS BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-0472c8

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## Summary

Hastings Borough Council has successfully awarded a contract for property acquisition and refurbishment services titled "ESPH NB HBC Property Acquisition and Refurbishment Services (ESPH642 JB)." This procurement falls under the category of residential property renting or leasing services (CPV code 70210000) within the Hastings borough, aimed at acquiring and refurbishing 108-118 housing units for emergency, temporary, and move-on accommodation. The open procedure procurement method was used, and the process has now reached the award stage with Phi Capital Investments Limited securing the contract. The contract, valued at £1,552,269.30, was signed on 23rd December 2024. The associated contract period starts from 9th September 2024 and ends on 31st March 2026, with options for extensions based on additional funding availability.

This tender presents a substantial opportunity for businesses specialising in property acquisition and refurbishment to engage in public sector projects, capitalising on the need for housing units in Hastings. The contract's scope for potential modifications—such as changes in the number and size of units—along with the possibility of extending the contract term, provides significant business growth prospects for firms with expertise in residential property services. Businesses equipped to provide high-quality acquisition, refurbishment, and conveyancing services, particularly small and medium-sized enterprises (SMEs), would be well-suited to compete in such tenders, enhancing their portfolios and expanding their market presence.

## Notice

The Council is seeking to acquire and/or refurbish in the region of 108-118 housing units within the Hastings borough for use as emergency, temporary and move-on accommodation to respond to the grant funded programmes.Full details are included in the document set.

### Lot Information

Lot 1

Full information can be found at http://www.sesharedservices.org.uk/esourcing

Options: The Council has identified the following specific changes or modifications, some or all of which may occur over the life of the Contract:a) an increase or decrease in the number of units of accommodation being sourced during the initial term of the Contract;b) changes to size of units of accommodation being sourced during the initial term of the Contract;c) the requirement for the provision of additional units of accommodation beyond the initial term of the Contract through purchase and / or leasing arrangements;

Renewal: Option of extensions (2 x 12 month) depending on available/additional funding.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/000619-2025 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 Jan 2025 |
| Submission deadline | 26 Jul 2024 |
| Future notice date | Not specified |
| Award date | 23 Dec 2024 |
| Contract period | 8 Sep 2024 - 31 Mar 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £4,900,000 |
| Lots value | £4,900,000 |
| Awards value | Not specified |
| Contracts value | £1,552,269 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | HASTINGS BOROUGH COUNCIL |
| Locality | HASTINGS |
| Post town | Tonbridge |
| Postcode | TN34 3UY |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ2 Surrey, East and West Sussex |
| ITL 3 | TLJ22 East Sussex CC |
| Local authority | Hastings |
| Electoral ward | Castle |
| Westminster constituency | Hastings and Rye |
| Delivery location | TLJ22 East Sussex CC |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PHI CAPITAL INVESTMENTS |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70200000 - Renting or leasing services of own property
- 70210000 - Residential property renting or leasing services
- 70331000 - Residential property services
- 70333000 - Housing services

## Release History

- 9 Jan 2025 at 10:29 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/000619-2025
- 15 Jul 2024 at 10:41 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/021630-2024
- 26 Jun 2024 at 14:32 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/019564-2024

## Notice URLs

- http://www.hastings.gov.uk
- http://www.sesharedservices.org.uk/esourcing
- https://www.sesharedservices.org.uk/esourcing

## 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-0472c8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0472c8.json.