Published date: 21 November 2024
Last edited date: 29 November 2024
This notice was replaced on 21 November 2024
This notice does not contain the most up-to-date information about this procurement. The most recent notice is:
Opportunity (published 21 November 2024, last edited 10 December 2024)
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.
Contract summary
Industry
Real estate services - 70000000
Location of contract
East of England
Value of contract
£0
Procurement reference
SCDC001-DN753089-34838297
Published date
21 November 2024
Closing date
30 December 2024
Closing time
1pm
Contract start date
17 February 2025
Contract end date
16 February 2028
Contract type
Service contract
Procedure type
Open procedure (above threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
This procedure can be used for procurements above the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
SCDC wishes to appoint a suitably qualified and experienced contractor to provide a service which encompasses the following:
• To advise on the management of the Council's commercial property assets that meet the Councils adopted strategies (supporting economic growth and regeneration).
• To provide commercial property investment advice by sourcing potential investment opportunities set by SCDC that meet the criteria set in the Council's Investment Strategy.
SCDC owns assets on Cambridge Science Park, Colmworth Trading Park (St Neots), Cambourne Business Park and Northstowe Employment Zone and local centre. Assets range from high value multi-million-pound buildings, a wholly owned subsidiary (Cambourne Business Park Ltd), to a temporary community building in Northstowe.
SCDC shall require the Contractor to manage the assets within their portfolio to always ensure that the portfolio is delivering the best performance obtainable, in both revenue and capital growth terms, ensuring best practice ESG performance whilst observing the security and liquidity guidance from Government.
SCDC expect that the Contractor will be able to advise on the local, regional, and national sector investment markets and when it would be appropriate to acquire, hold, invest in, or dispose of an asset.
SCDC shall require the Contractor to work closely with their Finance, Commercial and Legal teams and any other internal or external appointed property management company to ensure that the asset is well managed and maintained and that the administration and renewal of the leases is optimised. All assets should be compliant with health and safety regulations - it is the job of the asset management contractor to ensure this. It is expected that the asset management contractor will benefit from an in-house building surveyor to ensure the full requirements of this contract can be completed.
Should you be interested in this opportunity, the full tender documents can be found on our e-tendering portal via the following link: https://procontract.due-north.com/Advert?advertId=8775efa1-1ea8-ef11-8132-005056b64545
Should you then be interested in bidding for this opportunity, bids must be submitted via the advert on our e-tendering portal via the above link.
More information
Previous notice about this procurement
South Cambridgeshire District Council - Commercial Asset Management
- Opportunity
- Published 21 November 2024
About the buyer
Contact name
Kate Swan
Address
South Cambridgeshire Hall
Cambourne Business Park
Cambourne
CB23 6EA
United Kingdom
Telephone
+44 1954713384
Website
Share this notice
All content is available under the
