Issue details

To appoint Avison Young as agents for disposal of Municipal Offices

 

 

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 08/03/2024

Decision due: 8 Mar 2024 by Deputy Chief Executive (Section 151 Officer) - Paul Jones

Lead director: Deputy Chief Executive (Section 151 Officer) - Paul Jones

Contact: Abi Marshall, Development Manager, Major Developments and Regeneration Email: [email protected].

Consultation process

This process has commenced following a Cabinet and Council decision taken in July 2023. Procurement and Legal Services were consulted in regards to the route to market (selecting the agent). An officer decision was made following further consultation with Project Board to select a Framework option and to select CCS as the most appropriate Framework. A webpage was created to communicate more broadly as to the process to select our agent, internal teams were informed and also made aware that they could sign post queries to the webpage. All the feedback has been very positive and in support of the steps taken. A panel selected our preferred agent from the final tenders received.

Finance Comments: Upfront costs can be covered using existing budgets. This is a service based contract, fees will be payable on completion of work. The final payment for the agent will be a percentage of the sales costs and will be deducted from the capital receipt following the sale.

Decisions

Background papers