Property Investment Manager for West Sussex Pension Fund
Buyer: West Sussex County Council
- Published
- 19 December 2023
- Submission deadline
- 26 January 2024
- Estimated value
- £15,000,000
- Place of performance
- UKJ27
- Procedure
- Restricted procedure
- Lots
- 1
- Notice number
- 037341-2023
- Reference
- ocds-h6vhtk-0421f5
- Official source
- Official source
CPV codes
- 70330000Property management services of real estate on a fee or contract basis
- 66141000Pension fund management services
- 66131100Pension investment services
Description
This Invitation to Negotiate (ITN) is issued by West Sussex County Council on behalf of West Sussex Pension Fund (WSPF) who are seeking to appoint a single Property Investment Manager who is able to deliver their UK direct property mandate, as described in Document 02 – Specification, in accordance with the Public Contracts Regulations 2015 (PCR 2015). This Procurement is being undertaken in accordance with the Competitive Procedure with Negotiation pursuant to Regulation 29 of the Public Contracts Regulations 2015. Although the Council is utilising the Competitive Procedure with Negotiation route, it reserves the right to award the contract on the basis of the initial tenders without conducting negotiations. It is anticipated that the Contract will be awarded for an initial period of 7 years from the Contract Effective Date, with an option to extend on the same terms and conditions at WSCC’s discretion by up to an additional 3 years in any combination. The contract start date (Effective Date) shall be 01 January 2025 following an implementation period. The estimated value of the contract over the full term (initial period and extensions) is £15m. The process will be split int…
Official publications
- FTS · 037341-2023 · 19 December 2023
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Frequently asked questions
- What is the deadline to bid for this tender?
- The submission deadline is 26 January 2024. Check the official source, as dates can be modified.
- What is the estimated value of this tender?
- The estimated value published by the buyer is £15,000,000.
- Who is the buyer of this tender?
- The contracting authority is West Sussex 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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