Source: https://tendernation.io/opportunities/01a13cf5-230d-70c2-8d6c-bd484f26da24/request-for-quotation-for-the-provision-of-a-real-estate-development-advisor-to

closed GB open procedure Suitable for SMEs

# Request for Quotation for the Provision of a Real Estate Development Advisor to the Council V1

[Bury Council](https://tendernation.io/buyers/bury-council)

Open field

Estimated value

£70,000

Published

22 Feb 2024

Deadline

Closed

20 Mar 2024

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

Bury Council is seeking to appoint the continuation of a Real Estate Development Advisor to provide technical development support to the Council in bringing forwards key development opportunities.

The Council's current contract for this service has now expired and there is a need for its continuation, hence offering this opportunity out.

• Detailed knowledge of the North-West real estate market.

• Direct experience of taking sites out to the market to secure development.

• Fundamental understanding of development economics and how these apply to public land being primed for development.

• Evidence of comprehensive experience of negotiating land and property agreements with developers.

• Detailed ability to review and advise the Council on development appraisals.

• An in-depth understanding of overage agreements, and a capability to critically assess the costs and values supplied by the developer in relation to the overage agreement and to propose a negotiating position for the Council.

• Detailed understanding of the capability of the Council and other public bodies to provide funding to support development schemes (Subsidy Control and the broad principles of public investment).

The initial contract period will commence on 1st May 2024 to 30th April 2025 with an option to extend for two further 12-month periods until 30th April 2027.

All paperwork and correspondence via the CHEST/Proactis portal.

Closing time and date for quotation submissions: By no later than 12.00 noon on Wednesday 20th March 2024.

Read full description

## CPV classification

Real estate services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/d96abc63-7e59-4a2b-8264-c3a777521396)

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