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In deliveryUnited KingdomServices£1,000,000Add to pipeline

UPN-00618 - Future Places Fund (FPF)

Awarded to CBRE Limited

The West of England Combined Authority(buyer)

Published
Published 20 July 2026
Deadline
Closed 15 September 2026

Tender documents

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Overview

The West of England Combined Authority is seeking an investment adviser to provide strategic and technical advisory services for the Future Places Fund, a place-based investment initiative aimed at sustainable economic growth, housing, and regeneration across the region. The adviser will evaluate investment opportunities, recommend funding structures, conduct investment appraisals and due diligence, and support investment governance processes. The contract is valued at approximately £1 million with a submission deadline of 15 September 2026.

Contracting authority

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Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£1,000,000
Procedure
Open procedure
Rules
Procurement Act 2023
SME suitable
Yes
Published
20 July 2026
Questions by
3 September 2026
Deadline
Closed
Classification (CPV)
Financial consultancy servicesReal estate services

Award outcome

Awarded value
£1,000,000
Award date
4 November 2026
Contract period
11 November 2026 → 10 November 2029
Contract length
3 years
Could run to
17 November 2031
Bids received
4
Winner
  • CBRE Limited

This contract ends on 10 November 2029, or 17 November 2031 if every extension is used.

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About the winner

CBRE Limited

Based in
London
Public contracts won
82
Across UK and EU notices

No other contract from The West of England Combined Authority under this supplier name in Skim's records.

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Competition and scoring

Bids received

4

0 from SMEs

Open and restricted tenders in Financial and insurance services drew a median of 3 bids over the last 24 months; 21% received only one.

How bids were scored

Price 20% · Quality 80%

  • Commercial (Price)20%
  • Technical (Quality)70%
  • Social Value (Quality)10%

Price and cost criteria in black, quality in blue.

Market context

Typical award in Financial and insurance services

£120,000

Median of 2,338 awards in the last 24 months

This award is 8.3× the median.

The West of England Combined Authority in the last 12 months

24

contracts awarded, worth £21,918,955 in total

See their procurement profile →

Recent awards in Financial and insurance services

The latest contracts other buyers awarded under the same classification.

Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    4 November 2026

  2. Contract Notice

    20 August 2026

  3. Planning Update

    20 July 2026

  4. Planning Update

    20 July 2026

  5. Prior Information Notice

    20 July 2026

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