Public Contracts Scotland

P24-0061: Scottish Enterprise Investment Property Portfolio - Asset Management Contract

Scottish Enterprise

Awarded
services
Scotland

This tender has closed

The submission deadline for this contract has passed. There may be more active services tenders from Scottish Enterprise, and hundreds more across the UK public sector.

Key details

Contracting authority
Region
Glasgow
Contract value
£2,400,000ex VAT
Submissions closed
2 April 2024
Published
29 February 2024

Procurement

Contract period
Until 1 March 2025
6 years
Submission method
Electronic Submission
Procedure type
Open procedure
CPV classifications
  • 70332200 Commercial property management services
  • 70330000 Property management services of real estate on a fee or contract basis
  • 70332000 Non-residential property services
  • 70100000 Real estate services with own property
  • 70130000 Real estate services with own property
  • 70200000 Renting or leasing services of own property
  • 70220000 Non-residential property renting or leasing services
  • 71315300 Building surveying services
  • 70332300 Industrial property services
  • 70000000 Real estate services

What happened

Scottish Enterprise awarded this contract to Colliers International Property Advisers UK LLP worth £1,950,390 on 16 May 2024. The contract runs until 1 Mar 2025.

Description

Scottish Enterprise intends to undertake a competitive tendering process to appoint a supplier to provide the full range of property management services across its investment property portfolio. This portfolio, which is subject to regular change, was recently valued (September 2023) at GBP153M and comprises industrial buildings, offices, multi-occupancy business centres, science & technology parks, development land and other property interests.

Full details of the contract opportunity can be found within the Invitation to Tender (ITT).

Scottish Enterprise envisage that the contract will commence on 1 July 2024. The contract duration is 4 years, with the option to extend for 2 x 1-year periods, totalling 6 years overall.

The estimated value of the contract over the full duration is anticipated as being between GBP1,800,000 and GBP2,400,000 (excl VAT).

Full description

Scottish Enterprise intends to undertake a competitive tendering process to appoint a supplier to provide the full range of property management services across its investment property portfolio. This portfolio, which is subject to regular change, was recently valued (September 2023) at GBP153M and comprises industrial buildings, offices, multi-occupancy business centres, science & technology parks, development land and other property interests.

Full details of the contract opportunity can be found within the Invitation to Tender (ITT).

Scottish Enterprise envisage that the contract will commence on 1 July 2024. The contract duration is 4 years, with the option to extend for 2 x 1-year periods, totalling 6 years overall.

The estimated value of the contract over the full duration is anticipated as being between GBP1,800,000 and GBP2,400,000 (excl VAT).. Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Additional information

This is a priority climate change contract, bidders are required to complete and return the attached Climate Change Plan template.

Awarded supplier

Supplier
Colliers International Property Advisers UK LLP
Award value
£1,950,390
Award date
16 May 2024

Contact

Address
Atrium Court, 50 Waterloo Street, Glasgow, G2 6HQ
Contact name
Adam Cunningham

Bid documents

Identifiers

Buyer reference
P24-0061
Notice ID
rls-1-FEB499806
OCID
ocds-r6ebe6-0000751713

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External ID: pcs-ocds-r6ebe6-0000751713 • Added 27 May 2026