Jubilee Square & Hertfordshire House Managing Agent

St Albans City and District Council is seeking a single Managing Agent to provide comprehensive property and estate management services for the mixed-use development of Jubilee Square and Hertfordshire House. The appointed agent will serve as the principal operational representative, overseeing day-to-day coordination, financial administration, and the general maintenance of the estate to ensure it remains safe and professionally managed. Key responsibilities include managing service charges, overseeing mobilisation and transition, and ensuring strict adherence to the Building Safety Act 2022. Personnel responsible for building safety must demonstrate competence aligned with PAS 8673:2022 or an equivalent standard. The contract is scheduled to run from April 1, 2027, to March 31, 2030, with the possibility of four 12-month extensions, potentially extending the total duration to seven years. Award decisions will be based on a weighted evaluation of quality (65%), price (30%), and social value (5%). Bidders must meet specific financial thresholds, including an annual turnover at least twice the estimated annual contract value for two of the last three years, and maintain significant insurance coverage, including 10 million pounds for both Employers and Public Liability and 5 million pounds for Professional Indemnity. The procurement is conducted via a two-stage Competitive Flexible Procedure using the In-Tend system.