--- title: "West Midlands Pension Fund - Development Manager Services Contract" ocid: "ocds-h6vhtk-04c5d8" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c5d8" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c5d8.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c5d8.json" source: "Find A Tender Service" current_stage: "Award" buyer: "WEST MIDLANDS PENSION FUND" published: "2024-12-10" --- # West Midlands Pension Fund - Development Manager Services Contract Buyer: WEST MIDLANDS PENSION FUND Current stage: Award OCID: ocds-h6vhtk-04c5d8 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c5d8) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04c5d8.json) ## Summary The West Midlands Pension Fund is inviting tenders for the Development Manager Services Contract, a project in the industry category of Development Services of Real Estate. This open procedure tender is aimed at developing real estate at 1 Rivergate in Bristol, supporting environmental goals, and managing design and valuation. The procurement stage is currently active, with an anticipated contract period starting on 3rd February 2025 and ending on 31st December 2027. Submission of electronic responses is required by 10th January 2025 at 12:00 PM. This contract links the West Midlands with Bristol, London, and the South and is intended to bolster public services across these regions. This tender offers significant opportunities for businesses specialising in real estate development, project management, and environmental sustainability. Successful suppliers will play a crucial role in a transformative project valued at approximately £30,000,000, beginning early 2026. Firms with expertise in real estate valuations, options appraisals, sustainable design, and stakeholder communications should find this opportunity particularly beneficial for growth, providing a platform to showcase their capabilities on a large and potentially influential stage. Additionally, partnering with a major public pension fund like the West Midlands Pension Fund can offer long-term stability and visibility within the industry. ## Notice West Midlands Pension Fund (the Authority) is one of the UK's largest pension funds, originally formed by West Midlands County Council and now working in partnership with seven metropolitan district councils and over 800 employers providing public services across the West Midlands region. City of Wolverhampton Council is the Administering Authority for the Fund under the Local Government Pension Scheme Regulations 2013, and have delegated the responsibility for the management of the Fund to the Pensions Committee and the Director of Pensions, and established a Local Pensions Board to assist in governance of the Fund. The fund is focused on delivering value to customers, developing services to enable pension members to plan for their retirement and supporting employers in delivering cost-effective benefits to their employees. They seek to invest responsible to generate long-term defined benefits and drive positive change including in aspects of social, environmental and governance to create long-term sustainability to the Funds people, and to the planet. This opportunity is to support the Authority in the development of a real estate opportunity at 1 Rivergate in Bristol working under instruction of CBRE Investment Managers. The Development Manager shall be expected undertake such actions as (but not limited to) to undertake valuation, options appraisals, lead design development, champion environmental goals, communicate regularly with the Authority's investment partner (CBRE), develop programmes and report on progress. ### Lot Information Lot 1 West Midlands Pension Fund are seeking a Supplier to provide Development Management services as described in the Tender pack for the 1 Rivergate Bristol development. The successful supplier will work on behalf of the Fund for CBRE Investment Management, who hold delegated responsibilities for the Authority. The Capital works are anticipated to be in the region of GBP30,000,000 and the works would be anticipated to begin in Q1 or Q2 2026. West Midlands Pension Fund is one of the UK's largest pension funds, originally formed by West Midlands County Council and now working in partnership with seven metropolitan district councils and over 800 employers providing public services across the West Midlands region. City of Wolverhampton Council is the Administering Authority for the Fund under the Local Government Pension Scheme Regulations 2013, and have delegated the responsibility for the management of the Fund to the Pensions Committee and the Director of Pensions, and established a Local Pensions Board to assist in governance of the Fund. The fund is focused on delivering value to customers, developing services to enable pension members to plan for their retirement and supporting employers in delivering cost-effective benefits to their employees. They seek to invest responsible to generate long-term defined benefits and drive positive change including in aspects of social, environmental and governance to create long-term sustainability to the Funds people, and to the planet. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/039745-2024 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 10 Dec 2024 | | Submission deadline | 10 Jan 2025 | | Future notice date | Not specified | | Award date | 10 Dec 2024 | | Contract period | 3 Feb 2025 - 31 Dec 2027 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £1,200,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Cancelled | | Lots status | Cancelled | | Awards status | Unsuccessful | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | WEST MIDLANDS PENSION FUND | | Locality | WOLVERHAMPTON | | Post town | Wolverhampton | | Postcode | WV1 1LD | | Country | England | | ITL 1 | TLG West Midlands (England) | | ITL 2 | TLG3 West Midlands | | ITL 3 | TLG39 Wolverhampton | | Local authority | Wolverhampton | | Electoral ward | St Peters | | Westminster constituency | Wolverhampton West | | Delivery location | TLI London, TLK South West (England), TLK11 Bristol, City of | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70110000 - Development services of real estate ## Release History - 10 Dec 2024 at 12:06 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/039745-2024 - 9 Dec 2024 at 16:40 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/039674-2024 ## Notice URLs - http://www.mytenders.co.uk - https://christophersmithassociates.co.uk/ - https://csaqs-my.sharepoint.com/:f:/g/personal/osliney-biss_qs-csa_co_uk/EgC5njOw3ZVDioUNPrDQ7tMBMyTjmg_4u7wqThg5tdehog?e=4xLqUP - https://www.gov.uk/government/publications/public-procurement-review-service-scope-and-remit - https://www.mytenders.co.uk/search/Search_AuthProfile.aspx?ID=AA43266 - https://www.wmpfonline.com/ ## 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-04c5d8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04c5d8.json.