---
title: "Cumbernauld Town Centre - Asset Management 2024 - 2025"
ocid: "ocds-r6ebe6-0000774784"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000774784"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000774784.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000774784.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "NORTH LANARKSHIRE COUNCIL"
published: "2024-08-09"
---

# Cumbernauld Town Centre - Asset Management 2024 - 2025

Buyer: NORTH LANARKSHIRE COUNCIL  
Current stage: Award  
OCID: ocds-r6ebe6-0000774784

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## Summary

North Lanarkshire Council, located at Civic Centre, Windmillhill Street, Motherwell, has awarded a contract for the management and operation of Cumbernauld Town Centre. This project, titled "Cumbernauld Town Centre - Asset Management 2024 - 2025," falls under the "General public services" category and centres around regenerating the town centre to create a traditional high street. The procurement process is at the Award stage, with the contract being signed on 18th July 2024 for a value of £125,000. This procurement involves limited methodology due to the specialised nature of the services required, with the management contracts being awarded to Belgate Estates Limited and HKI Partnership LLP. The project is based in the UKM84 region and aims to ensure the centre is efficiently managed until a longer-term solution is procured towards the end of 2024.

This tender presents significant opportunities for businesses specialising in asset and property management, particularly those with expertise in managing town centre facilities. The current contract includes roles such as increasing income through lease management, new lettings, and rent reviews, alongside daily operations such as maintenance, security, and rent collection. Small and medium-sized enterprises (SMEs), especially those with experience in facilities management and real estate operations in a retail or mixed-use environment, would find this opportunity beneficial for growth. Furthermore, participation in this project would enable businesses to contribute to a major urban regeneration initiative, enhancing their portfolio and reputation within the industry.

## Notice

North Lanarkshire Council is looking to transform Cumbernauld by regenerating its town centre from a sterile transport corridor to a place where people can move freely, thereby integrating and connecting the developments on either side of Central Way to form a traditional high street for the first time in the town's development. To kick start this transformational change, the Council has acquired the two adjoined shopping centres occupying an extensive site in the middle of Cumbernauld town centre - 'The Centre Cumbernauld and Cumbernauld Shopping Centre' (known as 'The Centre Cumbernauld' (TCC)). Following the acquisition of TCC in June 2023, there was a requirement to have the facility managed and operated as efficiently as possible to maximise revenue and reduce overhead costs until existing leaseholds expire or can be ended, and vacant possession achieved prior to planned complete or phased demolition of the building. Upon acquisition of TCC, the Council novated two historic management contracts from the previous owner on a short-term basis up to 12 months to enable a smooth operating transition and to minimise disruption to existing tenants. These contracts are regarded as the "Asset Manager" and "Property Manager". These 12-month contracts have been reprocured for a period of 12 months, with an extension period of 3 months, to allow for the procurement of longer term management solution.

### Lot Information

Lot 1

The Asset Manager contract is intended to add value to TCC by increasing income through lease management, new lettings, rent reviews whilst limiting the Council's financial liabilities incurred as landlord in accordance with an agreed strategy employed to maximise the net rental income and minimising expenditure whilst the Property Manager contract is concerned with the daily operation of TCC including hard and soft facilities management such as staffing, maintenance, security, collection of rents, service charge etc.

### Procurement Information

The services required are currently provided within Cumbernauld Town Centre by a private organisations to the Council. Following acquisition of Cumbernauld Town Centre, the Council felt at the time that it would be in a position to procure a longer term arrangement by the time the existing arrangement concludes on 30 June 2024. However, given the uniqueness of the services required, the amount of time and learning required to fully understand the service provision (amongst other operation issues) was underestimated and as a result the Council has not been able to procure a longer term arrangement. Only the existing providers currently have the requisite knowledge and expertise needed to provide the services short term and in the immediate manner required. Whilst a competitive procurement procedure could be undertaken for required services now, a number of risks were apparent whilst nay short term opportunity would not be appealing to the market. Accordingly, there is no reasonable alternative or substitute provider who could provide the services from the date that the council acquires the facility in order to minimise disruption and ensure a degree of continuity for the tenants in regard to communication, processes etc. Following award of the agreement within this Contract Award Notice, the longer-term solution will be developed and procured in accordance with the Public Contract (Scotland) Regulations 2015. At present it is the councils intention to approach the market in August 2024 via a Prior information Notice to conduct a market engagement exercise before commencing a procurement competition in October / November 2024. Accordingly, it is believed that this approach will enable a competition for requirements and be open to all economic operators within the market to tender for, thus ensuring the council maintains its procurement obligations and not narrowing down competition therefore satisfying the latter part of Regulation 33(1)(b).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG511752 |
| Notice type | OJEU - F3 - Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 Aug 2024 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 18 Jul 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £125,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Not specified |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NORTH LANARKSHIRE COUNCIL |
| Locality | MOTHERWELL |
| Post town | Motherwell |
| Postcode | ML1 1AB |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM3 West Central Scotland |
| ITL 3 | TLM34 North Lanarkshire |
| Local authority | North Lanarkshire |
| Electoral ward | Motherwell South East and Ravenscraig |
| Westminster constituency | Motherwell, Wishaw and Carluke |
| Delivery location | TLM84 North Lanarkshire |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | BELGATE ESTATES; HKI PARTNERSHIP |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70332200 - Commercial property management services

## Release History

- 9 Aug 2024 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG511752

## Documents

- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG511752
  Cumbernauld Town Centre - Asset Management 2024 - 2025 - North Lanarkshire Council is looking to transform Cumbernauld by regenerating its town centre from a sterile transport corridor to a place where people can move freely, thereby integrating and connecting the developments on either side of Central Way to form a traditional high street for the first time in the town's development. To kick start this transformational change, the Council has acquired the two adjoined shopping centres occupying an extensive site in the middle of Cumbernauld town centre - 'The Centre Cumbernauld and Cumbernauld Shopping Centre' (known as 'The Centre Cumbernauld' (TCC)). Following the acquisition of TCC in June 2023, there was a requirement to have the facility managed and operated as efficiently as possible to maximise revenue and reduce overhead costs until existing leaseholds expire or can be ended, and vacant possession achieved prior to planned complete or phased demolition of the building. Upon acquisition of TCC, the Council novated two historic management contracts from the previous owner on a short-term basis up to 12 months to enable a smooth operating transition and to minimise disruption to existing tenants. These contracts are regarded as the "Asset Manager" and "Property Manager". These 12-month contracts have been reprocured for a period of 12 months, with an extension period of 3 months, to allow for the procurement of longer term management solution.

## Notice URLs

- http://
- http://www.northlanarkshire.gov.uk
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000774784

## 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-r6ebe6-0000774784. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000774784.json.