Essex Renewal Fund Services - Fund and Asset Management
Details
- Buyer
- Essex County Council
- Topic
- Portfolio management services
- Published
- 1 October 2024
- Submission
- 11 November 2024
- Source
- uk:procontracts
Tender 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. Keywords: Portfolio Management, Asset Management, Fund Management
Timeline
- Completed: Tender published1 October 2024Current notice
- Completed: Submission date11 November 2024
About the buyer
Essex County Council is a local authority that procures through three in-house teams, Corporate, Place and People. Larger opportunities are advertised through Open, the council's own tendering and contract management platform. Smaller and lower-value contract notices instead appear on Find a Tender and Contracts Finder. The Place team commissions highways, waste, energy and transport work, including a dedicated Dynamic Purchasing System for bidders. Construction projects separately run through the Essex Construction Framework, a route for regional contractors. The People team commissions education, social care, adult support and public health services across the county.
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 Essex County Council's contract awards have been in IT services, construction work and business services.
Relevant CPV codes
- 66140000 · Portfolio management services
- 73200000 · Research and development consultancy services
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@essex-county-council.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@essex-county-council.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@essex-county-council.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@essex-county-council.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@essex-county-council.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@essex-county-council.gov |
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