RFP QuestBeta
Awarded · ResultStage · contract

Midland Heart

Commercial Management Agent - AWARD

Real EstateCPV 70000000 70300000 70330000 70332000
ValueValue not published
Awarded9 Oct 2023
Published16 Jan 2024
RegionWest Midlands
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

The brief

Midland Heart requires a management Agent to manage and advertise our commercial property portfolio.

The duties required include but are not limited to: o Marketing properties o Rent collection and liaison with Midland Heart regarding receipts, arrears, and other such queries. o Manage rent reviews on behalf of Midland Heart. o Maximise income from the portfolio. o Provide proactive advice to Midland Heart to minimise voids.

This will include providing advice regarding alternative uses of the building where a property has low demand from tenants and/or has been void for some time. o Tenant liaison (including attendance at tenant meetings) o Receiving maintenance calls and other queries from tenants and resolving issues using agreed protocols or contractors o Dealing with tenant applications for alterations, assignments and sub-lettings o Liaison with solicitors o Ensuring tenant compliance with lease covenants o Maintaining property lease records internally and ensuring Midland Heart have up to date records. o Carry out and record property inspections for all void properties in line with Midland Heart's insurance policy. o Carry out agreed health and safety inspections of leased properties to ensure tenants are complying with relevant Regulations and not placing at risk the health and safety of neighbours or the public. o Service charge budgeting and reconciliation o Service charge collection o Advising/supervising property repairs maintenance o Negotiating and agreeing terms for new tenancies of void properties o Arrange for EPC and lease plans. o Manage void property costs. o Representing Midland Heart in arbitrations / court proceedings o Apportionment and collections of insurance premiums o Monthly reporting of portfolio performance- both operational and financial. o Monthly reporting on rent arrears / lease / property information o Preparation of annual income and expenditure budgets, budget forecasting o Valuation advice o Carry out rates valuations. o Ensuring all properties have current gas safety certificates / fire risk assessments and asbestos surveys. o Coordination of access for Midland Heart contractors o To manage Non-Domestic Rating issues arising within Midland Heart's commercial and office buildings. o To liaise with the local Valuation Offices and Authorities regarding NDR matters. o To complete applications for Charitable Relief where appropriate. o To lodge appeals against NDR valuations where appropriate. o Assistance with the development of the Commercial property annual budget. o Ensure all Tenant's lease obligations have been complied with.

These services will be required to manage the commercial properties outlined in the tender documentation

Key requirements

What the supplier must deliver

01

O Provide proactive advice to Midland Heart

o Provide proactive advice to Midland Heart to minimise voids.

02

O Carry out agreed health and safety

o Carry out agreed health and safety inspections of leased properties to ensure tenants are complying with relevant Regulations and not placing at risk the health and safety of neighbours or the public.

03

O Ensure all Tenant's lease obligations have

o Ensure all Tenant's lease obligations have been complied with.

04

These services will be required to manage

These services will be required to manage the commercial properties outlined in the tender documentation.

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

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Source & provenance
OCID
48e88e3d-e9ee-44ab-96b1-ecefd096dd5f
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
IT-452-86-MH 0086 - AWARD
View the original notice on Contracts Finder

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

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