Cumbernauld Town Centre - Asset Management 2024 - 2025
Buyer: North Lanarkshire Council
- Published
- 9 August 2024
- Estimated value
- £125,000
- Place of performance
- UKM84
- Procedure
- Direct award
- Lots
- 1
- Notice number
- 025147-2024
- Reference
- ocds-h6vhtk-048937
- Official source
- Official source
Description
North Lanarkshire Council is looking to transform Cumbernauld by regenerating its town centre from a sterile transport corridor to a place where people can move freely, thereby integrating and connecting the developments on either side of Central Way to form a traditional high street for the first time in the town’s development. To kick start this transformational change, the Council has acquired the two adjoined shopping centres occupying an extensive site in the middle of Cumbernauld town centre - ‘The Centre Cumbernauld and Cumbernauld Shopping Centre’ (known as ‘The Centre Cumbernauld’ (TCC)). Following the acquisition of TCC in June 2023, there was a requirement to have the facility managed and operated as efficiently as possible to maximise revenue and reduce overhead costs until existing leaseholds expire or can be ended, and vacant possession achieved prior to planned complete or phased demolition of the building. Upon acquisition of TCC, the Council novated two historic management contracts from the previous owner on a short-term basis up to 12 months to enable a smooth operating transition and to minimise disruption to existing tenants. These contracts are regarded as the…
Awards
| Awarded to | Amount | Date |
|---|---|---|
| Belgate Estates Limited | — | — |
| HKI Partnership LLP | — | — |
Official publications
- FTS · 025147-2024 · 9 August 2024
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £125,000.
- Who is the buyer of this tender?
- The contracting authority is North Lanarkshire Council (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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