Essex Renewal Fund Services - Fund and Asset Management
Buyer: Essex County Council
- Published
- 22 April 2025
- Estimated value
- £1,350,406
- Place of performance
- UKH3
- Procedure
- Open procedure
- Lots
- 1
- Notice number
- 016310-2025
- Reference
- ocds-h6vhtk-04a4c4
- Official source
- Official source
CPV codes
- 66140000Portfolio management services
Description
Essex County Council is seeking external support to provide up to ten years (five initial years with options to extend) of fund and asset management services, leading on fund acquisitions and disposals for the Essex Renewal Fund. The Essex Renewal Fund (“ERF”) is a revolving investment fund supporting the delivery of new homes and jobs. It does this through land and property projects that the market wouldn’t deliver – or, may not deliver to such high standards. It is important that the Fund has a catalytic impact beyond projects that it delivers directly, by building confidence in Essex places and markets. This requires careful fund and asset management, underpinned by robust market intelligence and sound real estate consultancy. The fund, supporting ECCs commitment to good jobs, future growth and investment, green growth and levelling up the economy, has a number of portfolio and project-level controls to adhere to. It also has an existing portfolio of three commercial properties and will be supported by an internal term alongside fund and project related external consultants.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| MONTAGU EVANS LLP | — | — |
Official publications
- FTS · 016310-2025 · 22 April 2025
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £1,350,406.
- Who is the buyer of this tender?
- The contracting authority is Essex County 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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