Published date: 25 June 2020

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 24 July 2020

Contract summary

Industry

  • Real estate services - 70000000

Location of contract

England

Value of contract

£5,000 to £40,000

Procurement reference

RUSHM001-DN484212-06328849

Published date

25 June 2020

Closing date

24 July 2020

Contract start date

27 July 2020

Contract end date

1 August 2023

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

RHL has aspirations to be the best landlord in the borough and wishes to appoint a managing agent that can help realise this ambition. A more expansive list of company objectives is set out below
• to take a transfer of existing residential properties owned and let by the Rushmoor Borough Council;
• to develop/acquire property to assemble a residential property portfolio that may contain a range of tenures;
• provide quality homes for rent in the private rented market to meet housing need and create a revenue stream providing a return on investment to its shareholder (the Council);
• to remain financially viable and commercially sustainable;
• to assist the Council in meeting requirements for affordable housing and temporary accommodation where a company is the best means of achieving the required outcomes;
• to provide an efficient landlord service including housing management and maintenance;
• to maintain its properties to a standard that meets tenant's reasonable expectations; protects shareholder reputation and shareholder investment in the company; and
• create saleable, realisable assets should the generation of capital receipts become a priority for its shareholder.

DOCUMENTATION IS LISTED ON THE SOUTH EAST BUSINESS PORTAL

More information

Links

About the buyer

Contact name

Katherine Booker

Address

Council Offices
Farnborough Road
Farnborough
GU14 7JU
United Kingdom

Telephone

+44 1252398466

Email

katherine.booker@rushmoor.gov.uk

Website

http://www.rushmoor.gov.uk