Bulk Property Acquisitions & Refurbishment Service Contract
A Tender Notice
by LONDON BOROUGH OF HILLINGDON
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 5 year
- Value
- 15M
- Sector
- FACILITY
- Published
- 28 Jun 2024
- Delivery
- To 29 Jul 2029 (est.)
- Deadline
- 29 Jul 2024 13:00
Concepts
- uxbridge
- repair and maintenance
- refurbishment service contract
- refurbishment service
- acquisition fees
- bulk property acquisitions
- bulk property acquisition and refurbishment service
- bulk property acquisitions & refurbishment service contract
- existing residential properties
- a comprehensive bulk property acquisition
Location
London Borough of Hillingdon
2 buyers
- London Borough of Hillingdon Uxbridge
Description
The London Borough of Hillingdon (Hillingdon) invites tenders from suitably qualified and experienced contractors in relation to entering into an agreement (the Contract) to provide a comprehensive Bulk Property Acquisition and Refurbishment Service (the Service) for a Two (2) year period with the option to extend for a further One (1) plus One (1) plus One (1) years. The Service is for the sourcing, acquisition, and refurbishment of two, three and four bedroom properties located in the London Borough of Hillingdon including conveyancing and surveys. Properties will be existing residential properties acquired in the open market and/or off-market where possible. Properties acquired will be refurbished to the agreed specification including full compliance documentation as required for letting. The types of works required for refurbishment will generally include but not limited to those as stipulated within the Employers Requirements document. Hillingdon Council may from time to time add to the type of work to be executed or may remove certain types of work completely for inclusion in separate specialist contracts. Such action will not be taken without consultation. The Service is to be provided to the Council with an estimated volume of up to 100 properties to be acquired per year, but the Council does not provide any guarantee or assurance in respect of the annual value or volumes of work generated under this contract. Each property must be within the boundary of the London Borough of Hillingdon and will vary in size from two to four bedrooms. Contractors will be invited to submit competitive tenders based on an “all-inclusive” basis using the M3 National Housing Federation (M3NHF) Responsive Maintenance and Void Property Works Schedule of Rates v8 with tenderers percentage adjustment along with Agents Fee percentage and fixed costs for Acquisition Fees.
Renewal Options
The Council intends to award a contract for these services for a period of up to two (2) years with an option to extend for up to a further one (1) plus one (1) plus one (1) years subject to agreement and satisfactory performance. The Council intends to award a contract for these services for a period of up to two (2) years with an option to extend for up to a further one (1) plus one (1) plus one (1) years subject to agreement and satisfactory performance.
CPV Codes
- 50000000 - Repair and maintenance services
- 45000000 - Construction work
- 70000000 - Real estate services
Indicators
- Bids should cover the whole contract.
- Options are available.
- Renewals are available.
- Award on basis of price and quality.
Other Information
The Contracting Authority reserves the right not to award any contract pursuant to this procurement exercise and / or abandon this procurement exercise at any time and / or award a contract for part of the services at its sole discretion. The Contracting Authority shall have no liability whatsoever to any applicant or tenderer as a result of its exercise of that discretion. For the avoidance of doubt, all costs incurred by any applicant and / or tenderer before signature of any contract with the Contracting Authority shall be incurred entirely at that applicants / tenderers risk.
Reference
- FTS 019848-2024