Submission Examples - Technical

Question 1

Legal/regulatory compliance Level 2 - Exeter procurement Public Contracts Regulations (2015)

Answer 1

• Development procured under PCR (2015), through UK Find a Tender Service
• Linkcity required to submit an SQ outlining proposed bidding model, financial standing and technical capability
• I checked the accuracy of the SQ content and consulted with legal and finance team to verify or declarations prior to submission

Question 2

Legal/regulatory compliance Level 2 - passdown of planning conditions into lease, retail unit Birmingham

Answer 2

• When drafting the lease I ensured that the responsibility to comply with planning conditions was passed down to the tenant
• Ensured that this responsibility was clearly set out within clauses in the lease
• Planning conditions included, hours of operation and use class

Question 3

Valuation Level 2 - residual method for pbsa development site, Oval

Answer 3

• purpose of valuation was assessing residual land value for internal strategy purposes
• collated comparables to assess the predicted market rent by reviewing
  relevant student schemes
• considered the RICS Guidance Note:
  Comparable Evidence in Real Estate Valuation (2019)
• assessed the capitalisation rate through analysis of relevant investment
  transactions
• capitalised the income to produce a Gross Development
  Value (GDV)
• subtracted the estimated construction, development and
  standard ancillary costs from the GDV to determine the residual land value