--- title: "West Midlands Pension Fund - Development Manager Services Contract" ocid: "ocds-h6vhtk-04c863" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c863" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c863.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c863.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "WEST MIDLANDS PENSION FUND" published: "2024-12-16" --- # West Midlands Pension Fund - Development Manager Services Contract Buyer: WEST MIDLANDS PENSION FUND Current stage: Tender OCID: ocds-h6vhtk-04c863 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c863) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04c863.json) ## Summary The West Midlands Pension Fund, administered by the City of Wolverhampton Council, is inviting tenders for a Development Manager Services Contract related to real estate development services. The selected supplier will oversee the development of a real estate project at 1 Rivergate, Bristol, working in collaboration with CBRE Investment Managers. This procurement is in the tender stage with an open procedure under the Local Government Pension Scheme Regulations 2013. The contract period is from 3rd February 2025 to 31st December 2027, with a submission deadline of 17th January 2025 at 12:00 PM. The industry category is development services of real estate, and the estimated contract value is £1,200,000, with anticipated capital works around £30,000,000 starting in Q1 or Q2 2026. This tender presents a significant opportunity for businesses specialising in real estate development management, particularly those with expertise in valuation, options appraisals, and environmental goal setting. Companies with a strong background in collaborating with investment managers and managing substantial development projects will be well-suited to compete. The selected supplier will benefit from long-term collaboration with one of the UK’s largest pension funds, thereby enhancing their portfolio and reputation in the industry while contributing to sustainable and impactful development. Electronic submissions are accepted, and suppliers must ensure timely and comprehensive document submission to meet the deadline. ## 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/040458-2024 | | 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 | ## Dates | Field | Value | | --- | --- | | Publication date | 16 Dec 2024 | | Submission deadline | 17 Jan 2025 | | Future notice date | Not specified | | Award date | Not specified | | 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 | Active | | Lots status | Active | | Awards status | Not specified | | 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 - 16 Dec 2024 at 14:36 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/040458-2024 ## Notice URLs - http://www.mytenders.co.uk - https://christophersmithassociates.co.uk/ - https://csaqs-my.sharepoint.com/:u:/g/personal/osliney-biss_qs-csa_co_uk/EQdreo65-ZdBkT2oCVC55TcBRqf3nfj7HWFM387MTsmPsQ?e=8gEs77 - https://www.gov.uk/government/publications/public-procurement-review-service-scope-and-remit - https://www.mytenders.co.uk/Search/Search_Switch.aspx?ID=233464 - https://www.mytenders.co.uk/search/Search_AuthProfile.aspx?ID=AA43266 - https://www.mytenders.co.uk/sitehelp/help_guides.aspx - 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-04c863. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04c863.json.