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Contract Award Notice

Appointment of Agent — Commercial Properties Investments

  • First published: 09 July 2020
  • Last modified: 09 July 2020
  • Version: N/A
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The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
Uttlesford District Council
Authority ID:
AA32945
Publication date:
09 July 2020
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The Council were approached by an Agent acting for a third party to offer freehold interest in five commercial developments, allowing the council to generate income from the investments.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

Uttlesford District Council

Council Offices, London Road

Saffron Walden

CB11 4ER

UK

Contact person: Mrs Cristine Oakey

Telephone: +44 1799510451

E-mail: Procurement@uttlesford.gov.uk

NUTS: UKH3

Internet address(es)

Main address: www.uttlesford.gov.uk

I.4) Type of the contracting authority

Regional or local authority

I.5) Main activity

General public services

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Appointment of Agent — Commercial Properties Investments

Reference number: 426

II.1.2) Main CPV code

70121200

 

II.1.3) Type of contract

Services

II.1.4) Short description

Acting for the Council to acquire freehold interest in commercial properties.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 1 500 000.00  GBP

II.2) Description

II.2.3) Place of performance

NUTS code:

UKH3


Main site or place of performance:

Saffron Walden.

II.2.4) Description of the procurement

The Council were approached by an Agent acting for a third party to offer freehold interest in five commercial developments, allowing the council to generate income from the investments.

II.2.5) Award criteria

Quality criterion: Property compliments the councils portfolio, offering a secure return on investment with an acceptable level of risk / Weighting: 100

Price / Weighting:  0

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Award of a contract without prior publication of a call for competition

Justification for selected award procedure:

The works, supplies or services can be provided only by a particular economic operator for the following reason: protection of exclusive rights, including intellectual property rights

Explanation

The supplier approached the Council with opportunities for investment, having been appointed by the owners of the real estates to act exclusively on their behalf.

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No

Section V: Award of contract

Contract No: 426

Title: Appointment of Agent — Commercial Properties Investments

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

25/06/2020

V.2.2) Information about tenders

Number of tenders received: 1

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Cushman & Wakefield Debenham Tie Leung Ltd

125 Old Broad Street

London

EC2N 1AR

UK

Telephone: +44 7972139702

E-mail: accountsreceivable.uk@cushwake.com

NUTS: UKI

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Initial estimated total value of the contract/lot:

Total value of the contract/lot: : 1 500 000.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

Uttlesford District Council

Council Offices, London Road

Saffron Walden

CB11 4ER

UK

Telephone: +44 1799510451

E-mail: procurement@uttlesford.gov.uk

Internet address(es)

URL: www.uttlesford.gov.uk

VI.4.2) Body responsible for mediation procedures

The Royal Courts of Justice

The Strand

London

WC2A 2LL

UK

Telephone: +44 2079476000

VI.4.4) Service from which information about the review procedure may be obtained

The Royal Courts of Justice

The Strand

London

WC2A 2LL

UK

Telephone: +44 2079476000

VI.5) Date of dispatch of this notice

06/07/2020

Coding

Commodity categories

ID Title Parent category
70121200 Building purchase services Building sale or purchase services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
Procurement@uttlesford.gov.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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