Purpose

As set out in the cabinet report 'Property
Programme funding and emerging plans' on 6 June 2023:
A review of the operational, development and investment estates are
required to ensure that we are retaining the correct property
assets for the correct purposes, while releasing suitable
properties to the disposals process to contribute to the revenue
savings and capital receipts targets. Properties that do not have
an operational necessity or a sufficient financial yield will be
released. The programme will seek to invest in the retained office
estate, where business cases stack up, to ensure the estate is fit
for purpose for the use by BCC staff or achieves appropriate
commercial yield.
The strategic partnership report should successfully provide advice
on how to achieve a smaller and more efficient office, depot,
operational, and investment estate where we have the right amount
and right quality of properties to serve the required purpose,
while disposing of properties that are deemed surplus to
requirements to achieve financial benefits for the
organisation.

Content

Approval to place a professional services
contract for the strategic partners to review the operational,
development and investment estates to ensure that Bristol City
Council are retaining the correct property assets for the correct
purposes, while releasing suitable properties to the disposals
process to contribute to the revenue savings and capital receipts
targets.

Alternative options considered

Option 1 - To return to the market either
through the open market or consultant frameworks and re procure
– not needed as we have already procured a strategic
partner
Option 2 -
Option 3 -