Peabody Trust: London Commercial Property Management

UK-London: Property management services of real estate on a fee or contract basis.

Section I: Contracting Authority

   I.1) Name, Addresses and Contact Point(s):
       Peabody Trust
       Minster Court, 45-47 Westminster Bridge Road, London, SE1 7JB, United Kingdom
       Tel. +44 7715634164, Email: reena.nijjar@peabody.org.uk
       Contact: Reena Nijjar
       Main Address: www.peabody.org.uk, Address of the buyer profile: www.delta-esourcing.co.uk
       NUTS Code: UKI

   I.2) Joint procurement:
      The contract involves joint procurement: No          
      In the case of joint procurement involving different countries, state applicable national procurement law: Not Provided
      The contract is awarded by a central purchasing body: No

   I.4)Type of the contracting authority:
      Body governed by public law

   I.5) Main activity:
      Housing and community amenities

Section II: Object Of The Contract

   II.1) Scope of the procurement

      II.1.1) Title: London Commercial Property Management            
      Reference number: Not Provided

      II.1.2) Main CPV code:
         70330000 - Property management services of real estate on a fee or contract basis.


      II.1.3) Type of contract: SERVICES

      II.1.4) Short description: Peabody Trust (“Peabody”) is tendering the property management services for its London commercial property investment portfolio.

Peabody has, to date, not acted as a commercial property focused developer but has retained its commercial property assets delivered through planning and the portfolio is associated with both historic and current residential development. Whilst the current portfolio is situated throughout London, Peabody now operates with a 30 miles radius of London so there may be commercial units in future schemes in surrounding counties. The current portfolio yields an income of circa £4 million pa and a value of circa £85 million. Based on our current mixed-use development pipeline, we envisage that this rent roll is likely to more than double over the next five years.

      II.1.6) Information about lots
         This contract is divided into lots: No
            
      II.1.7) Total value of the procurement (excluding VAT)
          Value: 3,000,000
                  
         Currency:GBP            

   II.2) Description

      II.2.2) Additional CPV code(s):
            70330000 - Property management services of real estate on a fee or contract basis.
            70332200 - Commercial property management services.
            70332000 - Non-residential property services.
            70332100 - Land management services.
            70332300 - Industrial property services.
            79993000 - Building and facilities management services.
            79993100 - Facilities management services.
            70331000 - Residential property services.


      II.2.3) Place of performance
      Nuts code:
      UKI - LONDON
   
      Main site or place of performance:
      LONDON
             

      II.2.4) Description of the procurement: The spread of the current portfolio is balanced across all sectors office, retail, leisure and ancillary uses. This is expected to continue in the future and with any additions to the portfolio. The successful bidder will be required to add any additional properties to the portfolio and manage them in the same format as the remainder of the portfolio.
The opportunity includes the complete property management service from rent collection to financial reporting. You will be expected to have knowledge of and manage compliance processes, the differing occupier requirements across all sectors and provide innovative ideas to support to the Peabody Trust in increasing the overall value of the portfolio.
This opportunity is purely for the property management of Peabody’s London commercial property investment portfolio. There will be no link with or potential instruction from any other part of Peabody or service line it provides. It excludes Peabody’s Thamesmead commercial portfolio.

      II.2.5) Award criteria:
       Not Provided

      II.2.11) Information about options
         Options: No
         

      II.2.13) Information about European Union funds
         The procurement is related to a project and/or programme financed by European Union funds: No
         

      II.2.14) Additional information: Not Provided


Section IV: Procedure

IV.1) Description

   IV.1.1)Type of procedure: Competitive procedure with negotiation


   IV.1.3) Information about a framework agreement or a dynamic purchasing system
      The procurement involves the establishment of a framework agreement: No       
      

   IV.1.6) Information about electronic auction
      An electronic auction has been used: No

   IV.1.8) Information about the Government Procurement Agreement (GPA)
      The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

   IV.2.1) Previous publication concerning this procedure
       Not Provided
   

   IV.2.9) Information about termination of call for competition in the form of a prior information notice
      The contracting authority will not award any further contracts based on the above prior information notice: No

Section V: Award of contract

Award Of Contract (No.1)

   Contract No: Not Provided    
   Lot Number: Not Provided    
   Title: Not Provided

   A contract/lot is awarded: Yes


   V.2) Award of contract

      V.2.1) Date of conclusion of the contract: 23/08/2019

      V.2.2) Information about tenders
         Number of tenders received: 15
         Number of tenders received from SMEs: Not Provided          
         Number of tenders received from tenderers from other EU Member States: Not Provided          
         Number of tenders received from tenderers from non-EU Member States: Not Provided          
         Number of tenders received by electronic means: Not Provided

      V.2.3) Name and address of the contractor

      The contract has been awarded to a group of economic operators: No
         
         Contractor (No.1)
             BNP Paribas Real Estate Advisory & Property Management UK Limited, RCS : 692 012 180 RCS Nanterre
             5 Aldermanbury Square, London, EC2V 7BP, United Kingdom
             Tel. +44 2073384081, Fax. +44 2074302628, Email: steve.harber@realestate.bnpparibas
             Internet address: www.realestate.bnpparibas.co.uk
             NUTS Code: UKI
            The contractor is an SME: No

      V.2.4) Information on value of the contract/lot (excluding VAT)
         Initial estimated total value of the contract/lot: Not Provided          
         Total value of the contract/lot: 3,000,000
         Currency: GBP

      V.2.5) Information about subcontracting
         The contract is likely to be subcontracted: No
         
Section VI: Complementary information

   VI.3) Additional information: 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=429054045

   VI.4) Procedures for review

      VI.4.1) Review body
          High Courts of Justice of The Royal Court of Justice
          The Strand, London, WC2A 2LL, United Kingdom
          Tel. +44 2079476000

      VI.4.2) Body responsible for mediation procedures
          Peabody
          Minster Court, 45-47 Westminster Bridge Road, London, SE1 7JB, United Kingdom
          Tel. +44 2038284233

      VI.4.3) Review procedure
         Precise information on deadline(s) for review procedures: Not Provided

      VI.4.4) Service from which information about the review procedure may be obtained
          Peabody
          Minster Court, 45-47 Westminster Bridge Road, London, SE1 7JB, United Kingdom
          Tel. +44 2038284233

   VI.5) Date of dispatch of this notice: 10/09/2019