Provision of Stock Rationalisation Services

Contract summary

Industry

• Real estate services - 70000000

Location of contract

West Midlands

Value of contract

£138,170

Procurement reference

2019 Stock Rationalisation - Tranche 1

Published date

13 September 2019

Closing date

15 August 2019

Contract start date

26 August 2019

Contract end date

25 August 2020

Contract type

Service contract

Procedure type

Call-off from a framework agreement

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

---

Description

Bromford wishes to dispose of residential properties so sought to select a suitable supplier for the provision of the following services:
• Recommend the most favorable disposal route based on initial soft marketing exercise of a selection of suitable housing providers.
• Undertake warranted stock condition surveys to be included within the marketing material.
• Advise on the likely receipts that could be realized from a disposal.
• Develop and carry out formal expressions of interest with relevant parties including, non-disclosure agreements, online data room and marketing of the portfolio.
• Carry out due diligence on any bidders and evaluate offers with recommendations.
• Progress any subsequent sale and to project manage the process through to exchange of contracts.
• Deliver Best practice approach and be regulatory compliant and to prepare portfolios for a transaction.

---

Award information

Awarded date

21 August 2019

Contract start date

26 August 2019

Contract end date

25 August 2020

Total value of contract

£138,170

This contract was awarded to 1 supplier.

SAVILLS (UK) LIMITED

---

About the buyer

Contact name

Mark Bradford

Address

Venture Court
WOLVERHAMPTON
WV109LE
England

Telephone

01902396887

Email

procurement.team@bromford.co.uk