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Official procurement procedure
REQUEST FOR QUOTATION (RFQ) FOR NEW FUNDING QUOTATIONS – APPOINTMENT OF LEGAL ADVISORS
No classification published
Location not published
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Greatwell Homes: "REQUEST FOR QUOTATION (RFQ) FOR NEW FUNDING QUOTATIONS – APPOINTMENT OF LEGAL ADVISORS". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | Greatwell Homes | Scope & Categories | Not published | Submission Window | complete No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | Not published |
Bidder Intelligence · Authority Profile: Greatwell Homes
Market Analytics
Derived from OCDS awards & bid statistics
Published history for Greatwell Homes. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Competition Density
5Bids / Report
Supplier ConcentrationModerate Concentration
Stannah Lift Services LimitedTop vendor: 26.2% of attributable valuePayment Terms
Check noticePublished terms
Coverage: 14 active published awards; 10 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Historical Awarded Suppliers With This Authority:
| Supplier Name | Historic Awards | Attributable GBP Value |
|---|---|---|
| Stannah Lift Services Limited | 1 win | £122,471 |
| Advisory Insurance Brokers Ltd t/a Everywhen | 1 win | £115,000 |
| Arthur J. Gallagher Insurance Brokers Ltd | 3 wins | £111,500 |
| Allia C&C Ltd | 1 win | £50,750 |
| Trowers and Hamlins LLP | 1 win | £38,380 |
Procedure terms
Contracting AuthorityGreatwell Homes | Procedure methodNot published | Procurement categoryNot published |
Statuscomplete | Framework / DPSNot published | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published15 Aug 2025, 19:05 BST | Last source update15 Aug 2025, 19:05 BST | Recurring procurementNot published |
ClassificationNot published | ||
Delivery areaLocation not published | ||
OCIDocds-h6vhtk-058952 | ||
What is being bought
Greatwell Homes was formed in 2007 following a large-scale voluntary transfer (LSVT) from Wellingborough Borough Council (now part of North Northamptonshire Council). At 31 March 2025 we owned and managed 5,326 properties in and around the Wellingborough area.
Greatwell sought to appoint legal advisors to support the review, negotiation and completion of loan facility documentation and security due diligence for two lenders following a recent new funding request for proposals exercise (RfP).
There are currently 3,117 properties valued at £127m existing use value, social housing allocated to Barclays through the Security Trustee arrangement with M&G. It is Greatwell Homes intention to reallocate some of this security to Natwest as there is sufficient to cover both facilities. Most of the properties in the list would have been acquired by Greatwell Homes at transfer in 2007.
In addition to the new funding exercise, Greatwell Homes also have a need for further property due diligence support for:
•An uplift of the properties allocated to The Pension Insurance Corporation (PIC) through the security trustee, from existing use value, social housing (EUV-SH) to market value subject to tenancy (MV-ST) values (1,033 properties valued at £46m securing a facility of £40m); and
•A due diligence health check on our unencumbered property portfolio with a view to aide future charging into the security trustee (971 properties)
Greatwell Homes invited quotations from interested parties to support with this work. All bidders could quote separately for either (1) the loan documentation or (2) the property security or for both exercises. Greatwell Homes would like to complete the new funding work as soon as is practically possible to have the funds available to draw therefore this work is the priority.
This RFP is provided on the same basis to all organisations.
To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=973922529
What changed
From the official release history
- Status changed to complete
15 Aug 2025, 19:05 BST - Official notice release published
15 Aug 2025, 19:05 BST - Buyer information updated
15 Aug 2025, 19:05 BST
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedcompletePublished valueNot publishedThe source published no individual title or description for this lot.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
15 Aug 2025, 19:05 BST - Award active
14 Aug 2025, 00:00 BST · £38,380
Commercial outcome and competition
Awards Trowers and Hamlins LLP £38,380 · 14 Aug 2025, 00:00 BST · active |
ContractsNo contract published |
Bid statistics bids: 5 (lot 1) finalStageBids: 5 (lot 1) smeFinalStageBids: 0 (lot 1) vcseFinalStageBids: 0 (lot 1) |
Buyer and organisations in this procedure
Greatwell Homes
Contracting authority GB-PPON-PCVZ-4413-LTNJAward and contract changes
Documents (0)
Official links; attachments are not copied
No linked documents are published
Related procedures (0)
No related procedures published