CPV 703 – Real Estate Agency Services

What does CPV 703 cover?

CPV group 703 covers real estate agency services provided on a fee or contractual basis for public contracting authorities. These include property brokerage for purchase, sale, or rental, market searches for suitable office accommodation or sites for public bodies, transaction support for the disposal of publicly owned land, and valuation and advisory services in connection with property transactions.

Public contracting authorities require estate agency services in a variety of situations: authorities seeking suitable office space in a particular area engage agents to conduct market research and prepare shortlists; municipalities wishing to sell public land commission agents to market it and identify buyers; investment planning requires market analyses covering rental levels, vacancy rates, and development prospects in specific locations.

The procurement of agency services from public contracting authorities is subject to procurement law where applicable thresholds are exceeded. In drafting the specification, it is important to draw a clear distinction between pure agency activity — which is often remunerated on a success basis — and advisory services, which are assessed under different procurement principles. Further information on the CPV system is available from the European Commission (SIMAP) and Regulation (EC) No 213/2008.

Typical Services in CPV 703

Examples of Tenders with CPV 703

• Office space search for a government agency: An agency tenders for a search for suitable office premises in a major city — at least 2,500 m², specified location criteria, public transport accessibility, and security requirements — engaging an agent for market research, shortlisting, and viewing coordination.
• Marketing of municipal industrial land: A municipality tenders the marketing of a 4.5-hectare commercial site, seeking an agent to identify potential buyers, support price negotiations, and assist with the transaction through to exchange of contracts.
• Property market report for an urban development authority: An urban development authority tenders the preparation of a property market report for three city districts, to inform the replanning of a development area, covering rental trends, usage patterns, and demand potential.

Current tenders with CPV 703 are published on TED (Tenders Electronic Daily) and on national procurement platforms.

Who is CPV 703 relevant for?

Public Contracting Authorities

Government bodies seeking premises, municipal property offices, economic development agencies, and urban development authorities are the typical contracting authorities under CPV 703. Demand exists both for acquiring new premises and for marketing publicly owned land.

Companies and Bidders

Commercial estate agents with experience in the public and institutional sector, large agencies with broad regional networks, and specialist real estate advisory firms are the relevant bidders. RICS membership, professional association credentials, and demonstrated transaction experience in the public sector are important qualification criteria. Further information on eligibility requirements and procurement procedures is available from the Federal Ministry for Economic Affairs and Climate Action (BMWK).

How does Bond help with CPV 703?

Tender Match – Automatically Find Tenders (CPV 703)

With tender.match, estate agents and real estate advisers automatically receive all relevant tenders with CPV 703 directly in their dashboard. BOND indexes tenders from over 1,000 procurement portals in the EU – from TED to national platforms and regional contracting authorities. Instead of manually searching dozens of portals every day, matching agency service contracts are filtered and delivered by industry, competency, region, and company profile. An automated gap analysis immediately shows where the company meets the requirements and where gaps exist. This ensures companies never miss a deadline and can focus on preparing their bids.

Company Match – Find the Right Partners and Suppliers (CPV 703)

For companies looking for suppliers, subcontractors, or consortium partners for real estate transactions, company.match provides direct access to qualified firms from an EU-wide database of over 28 million companies. Especially for larger property transactions and marketing projects that a single company cannot handle alone, company.match automatically identifies suitable partners for bidding consortia and partial services – increasing the chances of winning the contract.

Frequently Asked Questions about CPV 703

What does the CPV code 70300000 mean?

The CPV code 70300000 designates real estate agency services on a fee or contractual basis in the European classification system. It covers all services that estate agents and real estate advisers provide in the brokerage, marketing, and advisory of property transactions on behalf of public contracting authorities.

How do I find tenders with CPV 703?

Tenders with CPV 703 are published on TED (Tenders Electronic Daily) for EU-wide procedures for national tenders. Bond automatically aggregates all relevant tenders from over 1,000 portals and delivers them filtered by company profile.

What are the requirements for participating in tenders with CPV 703?

Success-based fees are generally permissible in public procurement but must be clearly and transparently defined in the specification. The legal framework is set by the VgV and the UVgO.