Published date: 22 March 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 agency services on a fee or contract basis - 70300000
Location of contract
NE28 9JL
Value of contract
£3,600,000
Procurement reference
NTYN001-DN708597-31171609
Published date
22 March 2024
Closing date
26 April 2024
Closing time
12pm
Contract start date
1 September 2024
Contract end date
31 August 2064
Contract type
Service contract
Procedure type
Competitive procedure with negotiation (above threshold)
Anyone may ask to participate, but only those who are pre-selected will be invited to submit initial tenders and to negotiate.
This procedure can be used for procurements above the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
Yes
Description
The Authority requires a long-term operator to enter into a Lease and Management Authority of 40 years, for the property of Rising Sun Farm. The successful Tenderer will enter into the Lease and Management Agreement and take full responsibility for the maintenance of all farm buildings and farmland and all financial outgoings for Rising Sun Farm. The successful Tenderer will have regard to the existing occupational interests of Rising Sun Farm. The rental income from the existing occupational interests will assist with the outgoings of Rising Sun Farm.
About the buyer
Contact name
Kirsty Armstrong
Address
Quadrant
North Tyneside
NE27 0BY
United Kingdom
Telephone
+44 1916434955
kirsty.armstrong@northtyneside.gov.uk
Website
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Closing: 26 April 2024, 12pm
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