Published date: 20 August 2021
This notice was replaced on 23 August 2021
This notice does not contain the most up-to-date information about this procurement. The most recent notice is:
Future opportunity (published 23 August 2021)
Closed future opportunity - This means that a potential contract has passed its approach to market date. A buyer can choose to consider any supplier interest or convert this notice into an opportunity ready for live procurement.
Contract summary
Industry
Architectural, construction, engineering and inspection services - 71000000
Location of contract
England
Value of contract
£7,000,000
Procurement reference
HOUNSLOW001-DN565072-50657413
Published date
20 August 2021
Approach to market date
14 September 2021
Contract start date
11 October 2021
Contract end date
11 October 2024
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
Lampton Investment & Development 360 are seeking to appoint a single Managing Agent to manage a Property Acquisitions & Improvement programme with an initial term of 3 years. The successful Managing Agent will need to have a track record to demonstrate their experience, knowledge and capability in acquiring properties in the London Borough of Hounslow region. Other requirements include, but are not limited to, holding RICS accreditation, membership to the Property Ombudsman and TRUSTMARK.
The successful Managing Agent will be expected to work alongside Lampton Investment & Development 360 to draft a specification and pricing schedule for 1) Void work and 2) a Reactive / Planned Repair and Maintenance contract. The Managing Agent contract will include Key Performance Indicators which require extremely quick turnaround responses. Therefore it may be beneficial for those intending to express and interest to this Notice to consider establishing an office within the London Borough of Hounslow. No sub-contracting of the Managing Agent function will be permitted.
The purpose of this Notice is a call for expressions of interest in order to create a select list of interested companies who will receive a tender pack after the initial period for expressions of interest expires.
Please note the tender process will include financial and background assessments which will be covered in the tender pack. The expression of interest date commences on the 20th August 2021 at 14:00 and will expire on the 13th September 2021 at 17:00.
It is intended the Tender period to commence shortly after the 13th September 2021.
The estimated contract value is £7m , the actual out turn is unknown. However it is believed the estimation is a true reflection of the Managing Agent contract value, this is at the lower end of the estimation.
More information
Spend profile
| Financial year | Budget |
|---|---|
| 2022/2023 | £3,600,000 |
| 2023/2024 | £3,600,000 |
About the buyer
Address
Hounslow House
7 Bath Road
Hounslow
TW3 3EB
England
Website
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