Essex Renewal Fund Services - Fund and Asset Management
key details
| Value | £2,500,000 |
|---|---|
| Status | complete |
| Category (CPV) | 66100000 |
| Deadline | 11 Nov 2024 |
| Contract start | 1 Mar 2025 |
| Contract end | 28 Feb 2030 |
| Procedure | open |
| SME suitable | Yes |
| OCID | ocds-b5fd17-7509d4c5-4f54-4cf9-8aed-e6242c33ef02 |
Awards (2)
This procurement was awarded to 1 suppliers. Values shown are per-award; the notice total is £2,500,000.
| Supplier | Value | Date | Status |
|---|---|---|---|
| Montagu Evans LLP | £1,350,406 | 30 Mar 2025 | active |
| Montagu Evans LLP | · | · | active |
description
Essex County Council is seeking external support to provide up to ten years (five initial years with options to extend) of fund and asset management services, leading on fund acquisitions and disposals for the Essex Renewal Fund.
The Essex Renewal Fund ("ERF") is a revolving investment fund supporting the delivery of new homes and jobs. It does this through land and property projects that the market wouldn't deliver - or, may not deliver to such high standards. It is important that the Fund has a catalytic impact beyond projects that it delivers directly, by building confidence in Essex places and markets. This requires careful fund and asset management, underpinned by robust market intelligence and sound real estate consultancy.
The fund, supporting ECCs commitment to good jobs, future growth and investment, green growth and levelling up the economy, has a number of portfolio and project-level controls to adhere to. It also has an existing portfolio of three commercial properties and will be supported by an internal term alongside fund and project related external consultants.
documents
- https://www.contractsfinder.service.gov.uk/Notice/3e9eac9a-0a85-400f-a81c-06d37ce23960 , tenderNotice
Documents are linked, not mirrored. They are served by the publishing authority and may require registration.
notice history
4 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 1 Oct 2024 | Contract notice (F02) | Earlier regulations | 031422-2024 |
| 1 Oct 2024 | Tender (tender) | · | 3e9eac9a-0a85-400f-a81c-06d37ce23960-790064 |
| 22 Apr 2025 | Contract award notice (F03) | Earlier regulations | 016310-2025 |
| 22 Apr 2025 | Award (award) | · | afae25b2-90a3-4702-bc88-81cc2606f52c-841630 |
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source
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