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West Midlands Pension Fund - Development Manager Services Contract

Buyer: West Midlands Pension Fund →

BuyerWest Midlands Pension Fund
Statuscancelled
DeadlineNot published
ValueValue not published
Published10 Dec 2024

What is being bought

West Midlands Pension Fund (the Authority) is one of the UK’s largest pension funds, originally formed by West Midlands County Council and now working in partnership with seven metropolitan district councils and over 800 employers providing public services across the West Midlands region. City of Wolverhampton Council is the Administering Authority for the Fund under the Local Government Pension Scheme Regulations 2013, and have delegated the responsibility for the management of the Fund to the Pensions Committee and the Director of Pensions, and established a Local Pensions Board to assist in governance of the Fund. The fund is focused on delivering value to customers, developing services to enable pension members to plan for their retirement and supporting employers in delivering cost-effective benefits to their employees. They seek to invest responsible to generate long-term defined benefits and drive positive change including in aspects of social, environmental and governance to create long-term sustainability to the Funds people, and to the planet. This opportunity is to support the Authority in the development of a real estate opportunity at 1 Rivergate in Bristol working under instruction of CBRE Investment Managers. The Development Manager shall be expected undertake such actions as (but not limited to) to undertake valuation, options appraisals, lead design development, champion environmental goals, communicate regularly with the Authority's investment partner (CBRE), develop programmes and report on progress.

Delivery location

UKK11 · UKI · UKK

Categories

Development services of real estate 70110000Development services of real estate 70110000

Lot details

Lot 1

West Midlands Pension Fund are seeking a Supplier to provide Development Management services as described in the Tender pack for the 1 Rivergate Bristol development. The successful supplier will work on behalf of the Fund for CBRE Investment Management, who hold delegated responsibilities for the Authority. The Capital works are anticipated to be in the region of GBP30,000,000 and the works would be anticipated to begin in Q1 or Q2 2026. West Midlands Pension Fund is one of the UK’s largest pension funds, originally formed by West Midlands County Council and now working in partnership with seven metropolitan district councils and over 800 employers providing public services across the West Midlands region. City of Wolverhampton Council is the Administering Authority for the Fund under the Local Government Pension Scheme Regulations 2013, and have delegated the responsibility for the management of the Fund to the Pensions Committee and the Director of Pensions, and established a Local Pensions Board to assist in governance of the Fund. The fund is focused on delivering value to customers, developing services to enable pension members to plan for their retirement and supporting employers in delivering cost-effective benefits to their employees. They seek to invest responsible to generate long-term defined benefits and drive positive change including in aspects of social, environmental and governance to create long-term sustainability to the Funds people, and to the planet.

Statuscancelled

Award criteria
price

What is included

ItemCategoryQuantity
1Development services of real estateNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 70. The category anchor is Development services of real estate (70110000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 701,4833 median · 36.9 average (487 of 1,483 with a bid count)3.7 average (563 of 1,483 with named award suppliers)Not published
Same buyer1Not publishedNot publishedNot published
Delivery region: UKK11108 median · 8 average (1 of 10 with a bid count)1 average (1 of 10 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byGPA
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

039745-2024-N/a-1

Statusunsuccessful

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-04c5d8
Latest release ID039745-2024
Latest release timestampTue Dec 10 2024 12:06:19 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscancelled
Procurement methodopen
Procurement method detailsOpen procedure
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release1
Contracts in latest release0
Parties in latest release2

Notice history

DateEventReference
10 Dec 2024award, contract039745-2024
9 Dec 2024tender039674-2024

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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  "initiationType": "tender"
}
Complete JSON history (2 releases)
10 Dec 2024 · 039745-2024 · award, contract
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9 Dec 2024 · 039674-2024 · tender
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  "date": "2024-12-09T16:40:21Z",
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      },
      "contactPoint": {
        "url": "https://csaqs-my.sharepoint.com/:f:/g/personal/osliney-biss_qs-csa_co_uk/EgC5njOw3ZVDioUNPrDQ7tMBMyTjmg_4u7wqThg5tdehog?e=4xLqUP",
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    },
    {
      "id": "GB-FTS-132345",
      "name": "Christopher Smith Associates LLP",
      "roles": [
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      "address": {
        "region": "UKJ2",
        "locality": "Surrey",
        "postalCode": "KT22 9RX",
        "countryName": "United Kingdom",
        "streetAddress": "Cedar Court, Guildford Road"
      },
      "details": {
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      "identifier": {
        "legalName": "Christopher Smith Associates LLP"
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  ],
  "language": "en",
  "description": "Selection of tenderers will be based solely on the criteria set out for the procurement. It will be the supplier's responsibility to obtain any necessary documents in order to submit a response by the closing date and time.\nThe contracting authority reserves the right not to award any or part of the contract which is the subject of this contract notice and reserves the right to terminate the procurement process at any time.\nThe contracting authority will not be liable for any costs incurred by those expressing an interest in tendering for this contract opportunity.\nNOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at https://www.mytenders.co.uk/Search/Search_Switch.aspx?ID=233412.\nThe buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at https://www.mytenders.co.uk/sitehelp/help_guides.aspx.\nSuppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems.\n(MT Ref:233412)",
  "initiationType": "tender"
}