Find a TenderAwarded
Published 4 Aug 2021, 12:15 BST

Official UK procurement notice

West Norfolk Property Ltd - Managing Agent

Official notice

Authority: West Norfolk Property Limited

ServicesOpen procedureSME suitable
Published estimate£200,000exc. VAT
Submissions closed 3 Sept 2021awarded 24 Sept 2021
Awarded to Touchstone Corporate Property Services Ltd

What is being bought

Published requirement description

West Norfolk Property Limited intends to procure managing agents to find suitable tenants; set up the tenancy agreements; arrange rent collection; carry out periodic inspections; arrange and manage repairs, and provide customer services.

  • Recurrence: 5 years if contract is extended

CPV: Property management services of real estate on a fee or contract basis

The lotProcurement structure

single lot · value published
Lot #1West Norfolk Property Limited is a company wholly owned by the Borough Council of…AwardedRenewalPublished value£200,000

West Norfolk Property Limited is a company wholly owned by the Borough Council of King’s Lynn and West Norfolk which has been set up to hold private rented housing in the borough in order to increase the supply of good quality, professionally managed and more secure private rented housing in the area.

This tender is to procure managing agents to find suitable tenants; set up the tenancy agreements; arrange rent collection; carry out periodic inspections; arrange and manage repairs, and provide customer services. Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/respond/95263G3AU2 ↗

Delivery: East of England · North and West Norfolk
Extensions: WNPL may at its sole discretion, by written notice during a period between 1 and 9 months prior to the expiry date, offer to the contractor an extension, or series of extension of up to two years in total.Variant bids: not allowed

What it takes to win
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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: 60%Price: 40%
Published sub-criteria (8)
  • Market Report (Method Statement 4): 10%
  • Case Studies & Added Value (Method Statement 5): 10%
  • Details of persons delivering service (Method Statement 6): 10%
  • Policies & Procedures (Method Statement 7): 15%
  • Dealing with tenancy breaches (Method Statement 8): 5%
  • Client Accounting and Reporting (Method Statement 9): 10%
  • Management fee as a percentage of rent collected: 35%
  • Hourly Rates for additional services: 5%
Published award criteria (8)
  • Market Report (Method Statement 4): 10
  • Case Studies & Added Value (Method Statement 5): 10
  • Details of persons delivering service (Method Statement 6): 10
  • Policies & Procedures (Method Statement 7): 15
  • Dealing with tenancy breaches (Method Statement 8): 5
  • Client Accounting and Reporting (Method Statement 9): 10
  • Management fee as a percentage of rent collected: 35
  • Hourly Rates for additional services: 5
What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 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
Yes · 5 years if contract is extended
First published
4 Aug 2021, 12:15 BST
Last source update
29 Nov 2021, 18:15 GMT
Award evaluation window
6 Sept 2021 – …
FTS notice number
2021/S 000-029613
Classification (CPV)
Property management services of real estate on a fee or contract basis
Delivery area
East of England (UKH16)
Official registry OCID
ocds-h6vhtk-02d0a4 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment

Publisher note: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=647140283 GO Reference: GO-20211129-PRO-19311698

How it was run

Official notice
Submission deadline
3 Sept 2021, 12:00 BST
Submission channel
{"written"}
Accepted languages
en
Bid validity
90 days from the deadline
Bids opened
6 Sept 2021, 10:00 BST

Timeline

3 Sept 2021 → 29 Nov 2021 · 3 dates
  1. Submission deadline
    3 Sept 2021, 12:00 BST
  2. Bids opened
    6 Sept 2021, 10:00 BST
  3. Notice published
    29 Nov 2021, 18:15 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    29 Nov 2021, 18:15 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £200,0001 contract exc. VAT
Bids received 41 from SMEs
Contracts signed 1latest 24 Sept 2021
Awarded toValueDateStatus
Touchstone Corporate Property Services LtdSME£200,000 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
4bids · 4 electronic1——

Contracting authority & participating public bodies

West Norfolk Property Limited

Contracting authorityRegional or local authorityGeneral public services Borough Council of King's Lynn & West Norfolk, Kings Court, Chapel Street, King's Lynn, East of England, PE30 1EXContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.