Published date: 22 February 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
North West
Value of contract
£70,000
Procurement reference
BURY001-DN712554-22537363
Published date
22 February 2024
Closing date
20 March 2024
Closing time
12pm
Contract start date
1 May 2024
Contract end date
30 April 2025
Contract type
Service contract
Procedure type
Open procedure (below threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
This procedure can be used for procurements below the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
Bury Council is seeking to appoint the continuation of a Real Estate Development Advisor to provide technical development support to the Council in bringing forwards key development opportunities.
The Council's current contract for this service has now expired and there is a need for its continuation, hence offering this opportunity out.
• Detailed knowledge of the North-West real estate market.
• Direct experience of taking sites out to the market to secure development.
• Fundamental understanding of development economics and how these apply to public land being primed for development.
• Evidence of comprehensive experience of negotiating land and property agreements with developers.
• Detailed ability to review and advise the Council on development appraisals.
• An in-depth understanding of overage agreements, and a capability to critically assess the costs and values supplied by the developer in relation to the overage agreement and to propose a negotiating position for the Council.
• Detailed understanding of the capability of the Council and other public bodies to provide funding to support development schemes (Subsidy Control and the broad principles of public investment).
The initial contract period will commence on 1st May 2024 to 30th April 2025 with an option to extend for two further 12-month periods until 30th April 2027.
All paperwork and correspondence via the CHEST/Proactis portal.
Closing time and date for quotation submissions: By no later than 12.00 noon on Wednesday 20th March 2024.
More information
About the buyer
Contact name
Chris Quinlan
Address
3 Knowsley Place
Duke Street
Bury
BL9 0EJ
United Kingdom
Website
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Closing: 20 March 2024, 12pm
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