Strategic Innovation and Place Acquisition Programme Framework

Complete

Buyers

Scottish Enterprise

Value

£416,666

Classifications

Property management services of real estate on a fee or contract basis
Real estate agency services on a fee or contract basis
Real estate services
Buying and selling of real estate
Building sale or purchase services
Building purchase services
Land sale or purchase services

Tags

tender

Submission Deadline

10 months ago

Published

1 year ago

Description

The purpose of this Invitation to Tender (ITT) is to establish a single supplier Framework Agreement of a single property consultant to continue the work delivered through the Strategic Acquisitions Program (SAP), previously delivered under procurement contract P24-0005. SE requires an advisor to (i) review and enhance the existing search criteria and scoring methodology for property acquisitions that reflect current SE strategy, (ii) create a program for identification and reporting of opportunities, (iii) provide the necessary professional services to support property acquisitions in line with SE’s obligations for best value under the Scottish Public Finance Manual (SPFM), (iv) advise on appropriate technical due diligence and coordinate outputs (v) identify potential options for SE to consider (vi) represent SE in acquisition negotiations with vendors, (vii) liaise with SE’s professional and legal advisors to conclude acquisitions on satisfactory commercial terms. The services may also encompass providing advice on property appraisals, and associated commercial advice, where SE considers either working in joint venture or providing grant aid funding for existing property owners is an appropriate way to unlock sites for future development. This will also include standalone, ad hoc commercial property advice relevant to supporting the wider project above.
It is anticipated that the Framework Agreement will start in August 2024 and is anticipated to end 31 March 2027, although SE will retain the option of extension of up to an additional 12 months.

Documents

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Contract Agreement

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Award Notice

Details on the tender award and selected suppliers.

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Organisation

Scottish Enterprise

Regional or local agency/office

[email protected]

+44 1414686024

+44 1414298888

[email protected]

+44 1412425466

Timeline complete