Find a TenderClosed
Published 16 Dec 2024, 14:36 GMT

Official UK procurement notice

West Midlands Pension Fund - Development Manager Services Contract

Official notice

Authority: West Midlands Pension Fund (Public body)

ServicesOpen procedure
Published estimate£1,200,000≈ £411k / year
Submissions closed 17 Jan 2025
Contract term 2 yrs 11 moends 31 Dec 2027 · starts 3 Feb 2025

What is being bought

Published requirement description

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.

CPV: Development services of real estate

The lotProcurement structure

single lot · no lot value published
Lot #1West Midlands Pension Fund are seeking a Supplier to provide Development Management… 2 yrs 11 mo

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.

Contract period: 3 Feb 2025 – 31 Dec 2027 (2 yrs 11 mo)
Delivery: London, South West · Bristol, London and the South
Variant 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
Staff
Names and qualifications of delivery staff must be submitted

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
Closed
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
No (one-off requirement)
First published
16 Dec 2024, 14:36 GMT
Last source update
16 Dec 2024, 14:36 GMT
Award evaluation window
17 Jan 2025 – …
FTS notice number
2024/S 000-040458
Classification (CPV)
Development services of real estate
Delivery area
London (UKI)South West (UKK)
Official registry OCID
ocds-h6vhtk-04c863 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment

Publisher note: 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. The 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. The contracting authority will not be liable for any costs incurred by those expressing an interest in tendering for this contract opportunity. NOTE: 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=233464. The 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. Suppliers 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. (MT Ref:233464)

How it was run

Official notice
Run through: mytenders · Who buys & how to bid on myTenders
Supplier login requiredLanguage: EN
Access & registration note: Free publication showcase; bidding happens on buyer portals
Submission deadline
17 Jan 2025, 12:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bid validity
90 days from the deadline
Bids opened
17 Jan 2025, 12:30 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

16 Dec 2024 → 3 Feb 2025 · 4 dates
  1. Notice published
    16 Dec 2024, 14:36 GMT
  2. Submission deadline
    17 Jan 2025, 12:00 GMT
  3. Bids opened
    17 Jan 2025, 12:30 GMT
  4. Contract starts
    3 Feb 2025

Contracting authority & participating public bodies

West Midlands Pension Fund

Contracting authorityPublic bodyBody governed by public lawEconomic affairs 19 Wolverhampton Interchange, Railway Drive, Wolverhampton, UK, WV1 1LDContact email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Public Procurement Review ServiceReview body LondonContact email, phone
Process and specification contact points (1)
  • Christopher Smith Associates LLPProcess contact point Surrey, South EastContact name, email

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria