Published date: 26 September 2018

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 6 August 2018

Contract summary

Industry

  • Real estate services - 70000000

  • Buying and selling of real estate - 70120000

  • Real estate agency services on a fee or contract basis - 70300000

    • Property management services of real estate on a fee or contract basis - 70330000

    • Commercial property management services - 70332200

Location of contract

SG1 1HN

Value of contract

£0

Procurement reference

CCD00514 - AWARD

Published date

26 September 2018

Closing date

6 August 2018

Contract start date

25 September 2018

Contract end date

24 September 2021

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

The Council wishes to engage a Real Estate Consultant who can assist with the acquisition of property investment on its behalf This assistance will extend to the identification and analysis of opportunities for commercial property investment including off market sales, identifying the right opportunities to fit with the Council's Strategy, targeting potential investments using market intelligence including specifically and comprehensively contacting all property owners within the set geographical areas identified in the Strategy, prioritising the Council's requirements in terms of risk, revenue and capital growth, and timing, liaison with Vendors and their advisors, purchaser negotiations, managing the acquisition process from day one through to completion of the purchase once the Council supports a property investment, completion of due diligence to comply with the Council's requirements including pre-acquisition reports as and when required, through to comprehensive property advice on whether to hold or sell assets (including those previously purchased as part of this Strategy), and including disposal of assets as required. Liaison with Legal and Professional teams within the Council and outside, throughout.
Please note the deadline for returns and allow sufficient time to make your return as late returns will not be permitted.
Any questions relating to this quote should be made via correspondence on the website and can be addressed to the main contact as shown in the details above.


Award information

Awarded date

25 September 2018

Contract start date

25 September 2018

Contract end date

24 September 2021

Total value of contract

£200,000

This contract was awarded to 1 supplier.

Carter Jonas LLP

Address

One Chapel Place, London, United Kingdom, W1G 0BG

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No


About the buyer

Contact name

Kirsten Brown (SBC)

Address

Danestrete
Stevenage
Hertfordshire
SG1 1HN
United Kingdom

Telephone

01438 242775

Email

kirsten.brown@stevenage.gov.uk