Find a TenderAwarded

Published 21 Jan 2021, 16:00 GMT

Official UK procurement notice

8532: Northern LGPS Property Framework

Authority: Tameside Metropolitan Borough Council acting as administrating authority for the Greater Manchester Pension Fund (Local council)·Consortium: 3 public authorities

Framework agreement6 lotsServicesOpen procedure

Sectors: Financial and insurance services (66)Real estate services (70)Architecture & Engineering (71)

+1 more

Business Services & Consultancy (79)

Delivery: UK

Framework ceiling (notional)Value not publishedframework ceiling, not attributable revenue

Awarded 4 Jan 2021

Lots 6see the lot list below

What is being bought6 lots · detail below

Published requirement description

Lot 1 is for the management of a discretionary UK direct property portfolio investing predominantly in core property, mostly on an unleveraged basis.

Lot 2 is for the management of an advisory UK direct property portfolio investing predominantly in core property, mostly on an unleveraged basis.

Lot 3 is to provide property management services on a UK property portfolio (that is predominantly invested in core property on an unleveraged basis).

Lot 4 is to appoint an advisor of management and consultancy services in relation to a regional investment portfolio focused on the North West of England and West Yorkshire. The successful advisor will be expected to make recommendations to the member Funds within the Pool.

Lot 5 is to provide property valuation services, potentially on a range of UK property portfolios, ranging in size from c£300m to over £1bn.

Lot 6 is for the management of a portfolio of UK properties deemed to require intensive asset management, for example, longstanding vacancy, refurbishment/capital expenditure risk, short WAULTs with renewal risk.

CPV: Building consultancy services · Business services: law, marketing, consulting, recruitment, printing and security · Non-residential property services · Pension fund consultancy services · Pension investment services · Portfolio management services · Security brokerage services

How this framework works

From the published notice

Bids received: 6 bids received · 25 suppliers appointed

Lots and requirements (6)Procurement structure

6 lots · no lot values published · evaluation weights differ by lot

Lot #11: UK Property Discretionary MandateAwarded

Delivery: UK

66131000 Security brokerage services 66140000 Portfolio management services 66523000 Pension fund consultancy services 70332000 Non-residential property services 71315200 Building consultancy services 79000000 Business services: law, marketing, consulting, recruitment, printing and security

Lot #22: UK Property Advisory MandateAwarded

Lot 2 is for the management of an advisory UK direct property portfolio investing predominantly in core property, mostly on an unleveraged basis.

Delivery: UK

Lot #33: UK Property Management MandateAwarded

Lot 3 is to provide property management services on a UK property portfolio (that is predominantly invested in core property on an unleveraged basis).

Delivery: UK

66140000 Portfolio management services 66523000 Pension fund consultancy services 70332000 Non-residential property services 71315200 Building consultancy services 79000000 Business services: law, marketing, consulting, recruitment, printing and security

Lot #44: Regional Property Advisory MandateAwarded

Delivery: UK

Lot #55: UK Property Valuer MandateAwarded

Lot 5 is to provide property valuation services, potentially on a range of UK property portfolios, ranging in size from c£300m to over £1bn.

Delivery: UK

Lot #66: UK property Asset Management MandateAwarded

Delivery: UK

What it takes to win
i
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more

How bids were scored

Lots publish different evaluation splits; there is no single procedure weighting.

Lot	Quality	Price
1 · 1: UK Property Discretionary Mandate	80%	20%
2 · 2: UK Property Advisory Mandate	80%	20%
3 · 3: UK Property Management Mandate	75%	25%
4 · 4: Regional Property Advisory Mandate	75%	25%
5 · 5: UK Property Valuer Mandate	75%	25%
6 · 6: UK property Asset Management Mandate	80%	20%

What this means for your bid

Price carries 20–25 points depending on the lot. Read the split per lot below.
“8532: Northern LGPS Property Framework” is a framework: the contest is a place on its panel, not a single contract.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record

Procedure method: Open procedure
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Framework agreement
Who may use this agreement: Not stated in the notice; call-off rights may be limited to the establishing authority
Competition type: Competitive procedure
GPA / WTO covered: Yes (GPA)
Recurring procurement: Unspecified in notice
First published: 21 Jan 2021, 16:00 GMT
Last source update: 21 Jan 2021, 16:00 GMT
Authority reference: DN470007
FTS notice number: 2021/S 000-001258
Classification (CPV): Building consultancy servicesBusiness services: law, marketing, consulting, recruitment, printing and securityNon-residential property servicesPension fund consultancy servicesPension investment servicesPortfolio management servicesSecurity brokerage services
Delivery area: UK
Official registry OCID: ocds-h6vhtk-028c40 Find a Tender

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Suppliers appointed 25admitted to the panel · see the list ↓

Bids received 6

Contracts signed 20latest 4 Jan 2021

43 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.

Contracts

1: UK Property Discretionary Mandate
Signed
4 Jan 2021
Value
—
Status
active
1: UK Property Discretionary Mandate
Signed
4 Jan 2021
Value
—
Status
active
1: UK Property Discretionary Mandate
Signed
4 Jan 2021
Value
—
Status
active
1: UK Property Discretionary Mandate
Signed
4 Jan 2021
Value
—
Status
active
1: UK Property Discretionary Mandate
Signed
4 Jan 2021
Value
—
Status
active
1: UK Property Discretionary Mandate
Signed
4 Jan 2021
Value
—
Status
active
1: UK Property Discretionary Mandate
Signed
4 Jan 2021
Value
—
Status
active
1: UK Property Discretionary Mandate
Signed
4 Jan 2021
Value
—
Status
active
1: UK Property Discretionary Mandate
Signed
4 Jan 2021
Value
—
Status
active
1: Property Discetionary Mandate
Signed
4 Jan 2021
Value
—
Status
active
1: Property Discretionary Mandate
Signed
4 Jan 2021
Value
—
Status
active
1: Property Discretionary Mandate
Signed
4 Jan 2021
Value
—
Status
active
2: UK Property Advisory Mandate
Signed
4 Jan 2021
Value
—
Status
active
2: UK Property Advisory Mandate
Signed
4 Jan 2021
Value
—
Status
active
2: UK Property Advisory Mandate
Signed
4 Jan 2021
Value
—
Status
active
2: UK Property Advisory Mandate
Signed
4 Jan 2021
Value
—
Status
active
2: UK Property Advisory Mandate
Signed
4 Jan 2021
Value
—
Status
active
Contract 001258-2021-8532-2f-18
Signed
4 Jan 2021
Value
—
Status
active
2: UK Property Advisory Mandate
Signed
4 Jan 2021
Value
—
Status
active
3: UK Property Management Mandate
Signed
4 Jan 2021
Value
—
Status
active

Bid statistics published by the authority

Lot	Bids	SME	VCSE	Valid bid range
1 · 1: UK Property Discretionary Mandate	24bids · 24 electronic	—	—	£1 – £4,000,000
2 · 2: UK Property Advisory Mandate	7bids · 7 electronic	—	—	£1 – £2,500,000
3 · 3: UK Property Management Mandate	7bids · 7 electronic	—	—	£1 – £600,000
4 · 4: Regional Property Advisory Mandate	5bids · 5 electronic	—	—	£1 – £3,000,000
5 · 5: UK Property Valuer Mandate	6bids · 6 electronic	—	—	£1 – £375,000
6 · 6: UK property Asset Management Mandate	13bids · 13 electronic	—	—	£1 – £1,200,000
Whole notice	6bids · 6 electronic	—	—	£1 – £12,000,000

Contracting authority & participating public bodies

3 public bodies on the notice

Tameside Metropolitan Borough Council acting as administrating authority for the Greater Manchester Pension Fund

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Guardsman Tony Downes House, 5 Manchester Road, Droylsden, UK, M43 6SFContact name, email, phone

Consortium members and other public bodies

City of Bradford District Council acting as administrating authority for the West Yorkshire Pension FundContracting authority Bradford, UKContact name, email
Wirral Council acting as administrating authority for the Merseyside Pension FundContracting authority Liverpool, UKContact name, email

Framework contractors & participating bidders

27 commercial parties on the notice

AEW UK Investment Management LLPFramework contractor 33 Jermyn Street, London, UK, SW1Y 6DNContact email, phone
APAM LtdFramework contractor 3 Barrett Street, St. Christopher's Place, London, UK, W1U 1AYContact email, phone
Aberdeen Asset Managers Limited operating under the brand name of Aberdeen Standard InvestmentsFramework contractor 1 George Street, Edinburgh, UK, EH2 2LLContact email, phone
Avison Young (UK) LimitedFramework contractor Norfolk House, 7 Norfolk St, Manchester, UK, M2 1DWContact email, phone
Aviva Investors Global Services Limited (‘AIGSL’)Framework contractor St Helen’s, 1 Undershaft, London, UK, EC3P 3DQContact email, phone
BNP Paribas Real Estate Advisory & Property Management UK LimitedFramework contractor 5 Aldermanbury Square, London, UK, EC2V 7BPContact email, phone
CBRE Global Investors LimitedFramework contractor Third Floor, One New Change, London, UK, EC4M 9AFContact email, phone
CBRE Indirect Investment Services LimitedFramework contractor Henrietta House, Henrietta Place, London, UK, W1G 0NBContact email, phone
CBRE LimitedFramework contractor Henrietta House, Henrietta Place, London, UK, W1G 0NBContact email, phone
Colliers International Property Consultants LimitedFramework contractor 50 George Street, London, UK, W1U 7GAContact email, phone

Show 17 more suppliers

Cushman & Wakefield Debenham Tie Leung LimitedFramework contractor St Paul’s House, 23 Park Square South, Leeds, UK, LS1 2NDContact email, phone
Cushman & Wakefield Debenham Tie Leung LimitedFramework contractor No 1 Marsden Street, Manchester, UK, M2 1HWContact email, phone
Cushman & Wakefield Debenham Tie Leung LimitedFramework contractor No 1 Colmore Square, Birmingham, UK, B4 6AJContact email, phone
DTZ Investors UK LimitedFramework contractor Capital House, 85 King William Street, London, UK, EC4N 7BLContact email, phone
Fiera Real Estate UKFramework contractor Queensberry House, 3 Old Burlington Street, London, UK, W1S 3AEContact email, phone
Hermes Investment Management Limited (HIML)Framework contractor 150 Cheapside, London, UK, EC2V 6ETContact email, phone
Knight Frank LLPFramework contractor 55 Baker Street, London, UK, W1U 8ANContact email, phone
La Salle Investment ManagementFramework contractor One Curzon Street, London, UK, W1J 5HDContact email, phone
Legal & General Investment Management (LGIM)Framework contractor One Coleman Street, London, UK, EC2R 5AAContact email, phone
M&G Real Estate LimitedFramework contractor 10 Fenchurch Avenue, London, UK, EC3M 5AGContact email, phone
Mayfair Capital Investment Management LimitedFramework contractor 55 Wells Street, London, UK, W1T 3PTContact email, phone
PGIM Real Estate (UK) LimitedFramework contractor 1-3 Strand, Floor 6, London, UK, WC2N 5HRContact email, phone
Praxis (Holdings) LimitedFramework contractor 11 Hanover Street, London, UK, W1S 1YQContact email, phone
Savills (UK) LtdFramework contractor 33 Margaret Street, London, UK, W1G 0JDContact email, phone
Schroder Real Estate Investment Management LimitedFramework contractor 1 London Wall Place, London, UK, EC2Y 5AUContact email, phone
Threadneedle Asset Management LimitedFramework contractor Cannon Place 78 Cannon Street, London, UK, EC4N 6AGContact email, phone
UBS Asset Management (UK) LtdFramework contractor 5 Broadgate, London, UK, EC2M 2QSContact email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.

What is being bought6 lots · detail below

How this framework works

Lots and requirements (6)Procurement structure

What it takes to winiHow this buyer will score bids.The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Procedure terms & legal framework

Commercial outcome & contract awards

Contracting authority & participating public bodies

Framework contractors & participating bidders

Official documents & specifications

What it takes to win
i
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).