RFP QuestBeta
ClosedStage · contract

Rushmoor Borough Council

Managing Agent Services for Rushmoor Homes - Rushmoor Borough Council on behalf of Rushmoor Homes Ltd

Real EstateCPV 70000000
Value£40k
Deadline23 Jul 2020
Published25 Jun 2020
RegionLondon
Timeline
Published 25 Jun 2020ClosedCloses 23 Jul 2020
Contract value in context
£40ktotal contract value
median £100k
this tender£0£4.3m

This sits in the lower-middle of the Real Estate Services band — a mid-scale opportunity. Based on 3,366 valued Real Estate Services tenders in our corpus.

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The brief

RHL has aspirations to be the best landlord in the borough and wishes to appoint a managing agent that can help realise this ambition.

A more expansive list of company objectives is set out below • to take a transfer of existing residential properties owned and let by the Rushmoor Borough Council; • to develop/acquire property to assemble a residential property portfolio that may contain a range of tenures; • provide quality homes for rent in the private rented market to meet housing need and create a revenue stream providing a return on investment to its shareholder (the Council); • to remain financially viable and commercially sustainable; • to assist the Council in meeting requirements for affordable housing and temporary accommodation where a company is the best means of achieving the required outcomes; • to provide an efficient landlord service including housing management and maintenance; • to maintain its properties to a standard that meets tenant's reasonable expectations; protects shareholder reputation and shareholder investment in the company; and • create saleable, realisable assets should the generation of capital receipts become a priority for its shareholder.

DOCUMENTATION IS LISTED ON THE SOUTH EAST BUSINESS PORTAL

Key requirements

What the supplier must deliver

01

Provide quality homes for rent in

provide quality homes for rent in the private rented market to meet housing need and create a revenue stream providing a return on investment to its shareholder (the Council);.

02

To provide an efficient landlord service including

to provide an efficient landlord service including housing management and maintenance;.

03

To maintain its properties to a standard

to maintain its properties to a standard that meets tenant's reasonable expectations; protects shareholder reputation and shareholder investment in the company; and.

04

Create saleable, realisable assets should the generation

create saleable, realisable assets should the generation of capital receipts become a priority for its shareholder.

Derived from the notice text — always confirm against the original documents.

Buyer intelligence

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Source & provenance
OCID
1ef032db-629a-45af-92cc-5629b765fb4c
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
RUSHM001-DN484212-06328849
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

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