Find a TenderAwarded
Published 30 Jan 2023, 09:24 GMT

Official UK procurement notice

Fund Manager for the South Yorkshire Local Authorities JESSICA Fund

Official notice

Authority: Sheffield City Council (Local council)

ServicesOpen procedure
Published estimate£30,000,000≈ £3.0m / year
Submissions closed 28 Feb 2023awarded 21 Mar 2023
Awarded to CBRE Limited
Contract term 10 yrsends 19 Jul 2033 · starts 20 Jul 2023

What is being bought

Published requirement description

Fund Manager for the South Yorkshire Local Authorities JESSICA Fund

CPV: Business services: law, marketing, consulting, recruitment, printing and security · Financial and insurance services

The lotProcurement structure

single lot · value published
Lot #1Awarded 10 yrsPublished value£30,000,000
Contract period: 20 Jul 2023 – 19 Jul 2033 (10 yrs)

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
Quality: 70%Price: 30%
Published award criteria (2)
  • Quality: 70
  • Price: 30
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.

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

Procedure terms & legal framework

From the official record · publisher note attached
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
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Unspecified in notice
First published
30 Jan 2023, 09:24 GMT
Last source update
21 Mar 2023, 15:39 GMT
FTS notice number
2023/S 000-008194
Classification (CPV)
Business services: law, marketing, consulting, recruitment, printing and securityFinancial and insurance services
Delivery area
Yorkshire & Humber (UKE3)
Official registry OCID
ocds-h6vhtk-039bba Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment

Publisher note: The decision taken to award this contract for a Fund Manager for the SYR Urban Development Fund was made on 21 March 2023. The contract award was made to the highest scoring bidder, for the reasons including the bidder meeting the essential requirements of the specification; and affordability.

How it was run

Official notice
Run through: EU-Supply (CTM) · Who buys & how to bid on EU-Supply
Public notice page · account needed to bidLanguage: EN
Access & registration note: Free · 5–10 minutes
Submission deadline
28 Feb 2023, 16:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Timeline

28 Feb 2023 → 20 Jul 2023 · 3 dates
  1. Submission deadline
    28 Feb 2023, 16:00 GMT
  2. Notice published
    21 Mar 2023, 15:39 GMT
  3. Contract starts
    20 Jul 2023, 00:00 BST

Notice history

2 events · 2 releases on Find a Tender · since 21 Mar 2023
  1. Status changed to complete
    21 Mar 2023, 15:39 GMT
  2. Procurement method changed
    21 Mar 2023, 15:39 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £30,000,0001 contract exc. VAT
Bids received 1
Contracts signed 1latest 21 Mar 2023
Awarded toValueDateStatus
CBRE Limited£30,000,000 †—Awarded

Contracts

  • Fund Manager for the South Yorkshire Local Authorities JESSICA Fund · CBRE Limited

    Signed
    21 Mar 2023
    Value
    £30,000,000
    Period
    … – 19 Jul 2033
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1bids · 1 electronic———

Contracting authority & participating public bodies

Sheffield City Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services (GB) 173 5488 38 Town Hall, Pinstone Street, , Sheffield, Yorkshire & Humber, S1 2HHContact name, email, phone Published organisation website ↗

Bidders & participating suppliers

1 commercial party on the notice
  • CBRE LimitedAwarded supplier3536032 Henrietta House, Henrietta Place, London, Yorkshire & Humber, W1G 0NBContact email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.