Contract notice
Section I: Contracting
authority
I.1) Name and addresses
Local Pensions Partnership Investments Ltd
09835244
(‘LPPI’) c/o Knight Frank Investment Management LLP, Saddlers House, 44 Gutter Lane
London
EC2V 6BR
UK
Contact person: Piers Windsor
Telephone: +44 2038701935
E-mail: piers.windsor@kf-im.com
NUTS: UKK11
Internet address(es)
Main address: www.kf-im.com
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://www.delta-esourcing.com/tenders/UK-UK-London:-Development-services-of-real-estate./3UAZ22K98T
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://www.delta-esourcing.com/
Tenders or requests to participate must be sent to the abovementioned address
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
One Passage Street, Bristol — Redevelopment
II.1.2) Main CPV code
70110000
II.1.3) Type of contract
Services
II.1.4) Short description
Knight Frank Investment Management LLP is seeking to procure a development manager on behalf of Local Pensions Partnership Investments Ltd to provide development management services at One Passage Street, Bristol BS2 0JF, a property owned by an Authorised Contractual Scheme being the LPPI Real Estate Fund. One Passage Street is a purpose built office property comprising approximately 33 000 sq ft, which is intended for demolition and re-development.
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.3) Place of performance
NUTS code:
UKK11
Main site or place of performance:
Bristol, City of.
II.2.4) Description of the procurement
Knight Frank Investment Management LLP (‘KFIM’) is seeking to procure a development manager on behalf of Local Pensions Partnership Investments Ltd (‘LPPI’) to provide development management services at One Passage Street, Bristol, BS2 0JF (the ‘Property’). The property is owned by an Authorised Contractual Scheme (‘ACS’) being LPPI Real Estate Fund (the ‘Fund’).
The Property is a purpose built office property comprising approximately 33 000 sq ft, which is intended for demolition and redevelopment. The Property is let in its entirety to Global Radio Services Ltd. on a lease expiring 28 September 2021 and is within the provisions of the 1954 Act. Vacant possession can be obtained under ground F (s.30) if a redevelopment can be demonstrated and subject to the payment of compensation (2x rateable value). It is intended that the Property will be demolished and redeveloped at lease expiry.
KFIM is managing this procurement process on behalf of LPPI. Potential suppliers should note that the successful tenderer will be required to contract directly with LPPI.
The proposed terms of the contract to be entered into with the successful tenderer will be provided to shortlisted tenderers alongside the invitation to tender. A summary of the proposed terms, together with a description of the services to be provided by the successful tenderer, are provided in the Memorandum of Information (‘MoI’) released with the Selection Questionnaire (‘SQ’).
The successful tenderer will be required to provide the services for the period of the redevelopment, currently expected to commence in April 2020 and expire in October 2024. Further information on the proposed term of the contract is to be included in the summary of the proposed terms included as part of the MoI.
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 40
This contract is subject to renewal: No
II.2.9) Information about the limits on the number of candidates to be invited
Envisaged minimum number: 1
II.2.10) Information about variants
Variants will be accepted:
No
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
II.2.14) Additional information
To respond to this opportunity please click here: https://www.delta-esourcing.com/respond/3UAZ22K98T
Section III: Legal, economic, financial and technical information
III.1) Conditions for participation
III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions:
RICS Membership
III.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
III.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
III.2) Conditions related to the contract
III.2.3) Information about staff responsible for the performance of the contract
Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Restricted procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
IV.2) Administrative information
IV.2.2) Time limit for receipt of tenders or requests to participate
Date:
13/05/2020
Local time: 13:00
IV.2.3) Estimated date of dispatch of invitations to tender or to participate to selected candidates
Date:
29/05/2020
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.3) Additional information
The contracting authority considers that this contract may be suitable for economic operators that are small or medium-sized enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.
Further information on the procurement procedure is set out within the procurement documents available via the Portal (see link below). In the first instance, potential tenderers will be provided with an SQ and supporting MoI. Potential tenderers will be invited to complete and return the SQ, and responses will be evaluated according to the selection procedure outlined in the SQ. A maximum of 5 potential tenderers will be shortlisted following the SQ evaluation and invited to the tender stage of the process.
The shortlisted candidates from the SQ stage will be sent an Invitation to Tender (“ITT”), which will included proposed terms of contract, and will be asked to submit their Tender response. Tender responses will then be evaluated according to the evaluation criteria set out in the ITT. Bidders will then be informed of the award decision, and following a 10 day standstill period, it is expected that the contract will be entered into with the successful tenderer.
KFIM reserves the right at any time to:
(i) reject any/all responses and to cancel or withdraw this procurement at any stage;
(ii) award a contract without prior notice;
(iii) change the basis, the procedures and the timescales set out or referred to within the procurement documents;
(iv) require a bidder to clarify any submissions in writing and/or provide additional information (failure to respond adequately may result in disqualification);
(v) terminate the procurement process; and
(vi) amend the terms and conditions of the selection and evaluation process.
For more information about this opportunity, please visit the Delta eSourcing portal below.
For more information about this opportunity, please visit the Delta eSourcing portal at:
https://www.delta-esourcing.com/tenders/UK-UK-London:-Development-services-of-real-estate./3UAZ22K98T
To respond to this opportunity, please click here:
https://www.delta-esourcing.com/respond/3UAZ22K98T
GO Reference: GO-2020326-PRO-16243850
VI.4) Procedures for review
VI.4.1) Review body
Knight Frank Investment Management LLP
Saddlers House, 44 Gutter Lane
London
EC2V 6BR
UK
Telephone: +44 2038701935
E-mail: piers.windsor@kf-im.com
VI.5) Date of dispatch of this notice
26/03/2020