Published date: 2 October 2019

Last edited date: 2 October 2019

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: 22 October 2019

Contract summary

Industry

  • Real estate services - 70000000

  • Architectural, construction, engineering and inspection services - 71000000

  • Research and development services and related consultancy services - 73000000

    • Business services: law, marketing, consulting, recruitment, printing and security - 79000000

Location of contract

East Midlands

Value of contract

£30,000 to £40,000

Procurement reference

AVSG2

Published date

2 October 2019

Closing date

22 October 2019

Contract start date

29 November 2019

Contract end date

1 May 2020

Contract type

Service contract

Procedure type

Competitive quotation (below threshold)

The buyer selects a group of potential suppliers to invite to tender.

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

Amber Valley Borough Council is seeking expressions of interest from suitably qualified and experienced consultancies to undertake a detailed feasibility study that will:

1. Examine the potential of three existing land assets that are available to the Council and assess the market viability of developing employment land for incubation units/business start-ups.
2. To identify and evaluate private sector land that may also be available for purchase by the Council for the development of units, or where the Council can facilitate land owners to bring forward the build potential.
3. To identify existing business units regardless of size, or sites currently under development within the Borough or neighbouring districts and Derby, available to purchase, that will be capable of generating an annual return on investment of at least 4% per annum. This can include new premises, the purchase and leaseback of existing properties to companies that are trading successfully, or premises that are currently let to successful companies on a long-term basis.

To ensure long term financial sustainability and local economic growth, the successful consultancy will be required to undertake an overall market demand analysis, to identify the number and type and size of units required, the overall level of demand and the likely levels of rent.

The study will also require a full examination of the constraints, costs of developing the project, return on investment and market viability, which must include a soft market test.

Expressions of interest can be registered via: simon.gladwin@ambervalley.gov.uk

More information

Previous notice about this procurement

Feasibility Study (Expressions of Interest) - Development of Employment Land & Investment Property

  • Future opportunity
  • Published 2 October 2019, last edited 2 October 2019

About the buyer

Contact name

Simon Gladwin

Address

Town Hall
RIPLEY
DE53BT
England

Telephone

01773 841415

Email

simon.gladwin@ambervalley.gov.uk