Provision of Global Estate Asset Valuation Services - MENA

Award

Value

£559,900

Classifications

  • Building and facilities management services
  • Financial and insurance services
  • Real estate services
  • Institution management services
  • Non-residential property services
  • Commercial property management services

Tags

  • award
  • contract

Published

3 weeks ago

Description

The Foreign, Commonwealth and Development Office (FCDO) awarded the contract for the provision of Global Estate Asset Valuation Services within Middle East and North Africa (MENA) to Colliers International Property Consultants, in order to meet financial reporting requirements (IRFS). The Procurement Process was run in accordance with the Open Procedure under Regulation 27 of the Public Contracts Regulation 2015.
The Contract will be for an initial 5 year period with an option to extend for up to a further 2 years.

Documents

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  • Contract Agreement

    The official contract terms, conditions, and scopes of work.

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  • Award Notice

    Details on the tender award and selected suppliers.

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South Cambridgeshire District Council - Commercial Asset Management

SCDC wishes to appoint a suitably qualified and experienced contractor to provide a service which encompasses the following: • To advise on the management of the Council's commercial property assets that meet the Councils adopted strategies (supporting economic growth and regeneration). • To provide commercial property investment advice by sourcing potential investment opportunities set by SCDC that meet the criteria set in the Council's Investment Strategy. SCDC owns assets on Cambridge Science Park, Colmworth Trading Park (St Neots), Cambourne Business Park and Northstowe Employment Zone and local centre. Assets range from high value multi-million-pound buildings, a wholly owned subsidiary (Cambourne Business Park Ltd), to a temporary community building in Northstowe. SCDC shall require the Contractor to manage the assets within their portfolio to always ensure that the portfolio is delivering the best performance obtainable, in both revenue and capital growth terms, ensuring best practice ESG performance whilst observing the security and liquidity guidance from Government. SCDC expect that the Contractor will be able to advise on the local, regional, and national sector investment markets and when it would be appropriate to acquire, hold, invest in, or dispose of an asset. SCDC shall require the Contractor to work closely with their Finance, Commercial and Legal teams and any other internal or external appointed property management company to ensure that the asset is well managed and maintained and that the administration and renewal of the leases is optimised. All assets should be compliant with health and safety regulations - it is the job of the asset management contractor to ensure this. It is expected that the asset management contractor will benefit from an in-house building surveyor to ensure the full requirements of this contract can be completed. Should you be interested in this opportunity, the full tender documents can be found on our e-tendering portal via the following link: https://procontract.due-north.com/Advert?advertId=8775efa1-1ea8-ef11-8132-005056b64545 Should you then be interested in bidding for this opportunity, bids must be submitted via the advert on our e-tendering portal via the above link.

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