Headlease Advice for The Mall and Galaxy
Details
- Buyer
- Luton Council
- Supplier(s)
- Cushman and Wakefield
- Value
- £37,500
- Duration
- 1 year
- Published
- 21 June 2023
- Source
- uk:procontracts
Tender description
The Mall headlease regear (reporting only) Our proposed scope and fee are as follows: 1) Review of background information, including headlease. 2) Engage with Sovereign Centros (who act on behalf of Frasers) to discuss their proposal and ‘ask’ in greater detail. 3) Assessment of Sovereign Centros’ proposal 4) Provide agency-based pricing advice on proposed scenarios to include: a. Existing leasehold interest b. Existing freehold interest c. Proposed leasehold interest post-regear d. Proposed freehold interest post-regear e. Potential marriage value arising from regear On points c. and d. above, there are potential variations on a theme with regards to any car park surrender. 5) Subsidy control review and recommendations. 6) C&W recommendations on proposal and suggested route forward. Letter-style report with follow-up meeting. Keywords: Headlease, Advisory
Timeline
- Completed: Award published21 June 2023Current notice
- Completed: Award date22 June 2023
- Completed: Contract expiry date21 June 2024
About the buyer
Luton Council is a local authority, and a dedicated procurement team supports departments across the council to buy goods, services and works. All tenders are advertised and run through Procontract, the council's e-tendering portal. Suppliers register on Procontract and are automatically invited to tender for the council's contracting opportunities. Registration details must match Companies House records and describe services on offer. The council focuses on local supply chains and jobs and skills markets within its contracts, encouraging local sub-contractors, local recruitment and apprenticeships. Purchasing follows the council's standing orders and the Public Contract Regulations 2015.
UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).
Over the past 5 years, most of Luton Council's contract awards have been in software and information systems, construction work and IT services.
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@luton-council.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@luton-council.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@luton-council.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@luton-council.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@luton-council.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@luton-council.gov |
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