Find a TenderAwarded
Published 10 Feb 2023, 10:54 GMT

Official UK procurement notice

Riverside Asset Management Partner

Official notice

Authority: Canterbury City Council (Local council)

ServicesOpen procedureSME suitable
Sectors: Real estate services (70) Delivery: UK
Published estimate£750,000exc. VAT
Submissions closed 20 Mar 2023awarded 20 Nov 2023
Awarded to NewRiver REIT (UK) Ltd

What is being bought

Published requirement description

Award of contract for the appointment of an experienced asset and property manager to manage the Riverside scheme at Canterbury

CPV: Commercial property management services

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewalPublished value£750,000
Delivery: UK
Extensions: The initial contract term is 3 years with the option to extend for a further 2 x 1 yearsVariant bids: not allowed

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
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
Unspecified in notice
Recurring procurement
Yes
First published
10 Feb 2023, 10:54 GMT
Last source update
4 Dec 2023, 09:05 GMT
Award evaluation window
13 Mar 2023 – …
Authority reference
DN655267
FTS notice number
2023/S 000-035594
Classification (CPV)
Commercial property management services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-03a496 Find a Tender

How it was run

Official notice
Run through: ProContract (Due North) · Who buys & how to bid on ProContract
Supplier login requiredLanguage: EN
Access & registration note: Free · short registration with manual review; public opportunity list
Submission deadline
20 Mar 2023, 12:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bids opened
13 Mar 2023, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

13 Mar 2023 → 4 Dec 2023 · 3 dates
  1. Bids opened
    13 Mar 2023, 12:00 GMT
  2. Submission deadline
    20 Mar 2023, 12:00 GMT
  3. Notice published
    4 Dec 2023, 09:05 GMT

Notice history

2 events · 3 releases on Find a Tender · since 16 Feb 2023
  1. Deadline moved to 20 Mar 2023, 12:00 GMT
    16 Feb 2023, 15:06 GMT
    +7 days · was 13 Mar 2023, 12:00 GMT
  2. Status changed to complete
    4 Dec 2023, 09:05 GMT
Published amendments (1 · 1 deadline change)
WhenWhatBeforeAfterShift
—DeadlineIV.2.213 Mar 202320 Mar 2023+7 d

1 amendment published without a description.

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Bids received 43 from SMEs
Contracts signed 1latest 20 Nov 2023
Awarded toValueDateStatus
NewRiver REIT (UK) Ltd——Awarded

Contracts

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
Award of contract for the appointment of an experienced asset and property manager to…4bids · 4 electronic3—£750,000 – £850,000
Whole notice———£750,000 – £850,000

Contracting authority & participating public bodies

Canterbury City Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Military Road, Canterbury, UK, CT1 1YWContact name, email, phone Published organisation website ↗

Bidders & participating suppliers

1 commercial party on the notice
  • NewRiver REIT (UK) LtdAwarded supplier 89 Whitfield Street, London, UK, WIT 4DEContact email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.