Award

Provision of Property Repairs and Maintenance Services

PEABODY TRUST

This public procurement record has 1 release in its history.

Award

27 Feb 2025 at 12:20

Award Notice
Summary of the contracting process

The Peabody Trust has awarded a contract for the provision of property repairs and maintenance services under a selective procurement method, specifically a restricted procedure. This tender, classified under the "Repair and maintenance services" industry category, covers seven regional Lots in the East of England, United Kingdom. The awarded contract, commencing on 27th February 2025 and ending on 13th October 2029, has an estimated total value of up to £1,023,577,180 (including VAT for the full potential contract term up to 10 years). The procurement process is in the award stage, with the award date being 10th October 2024.

This tender presents substantial opportunities for businesses specialising in property repairs and maintenance, particularly large-scale providers. The contract's considerable value and potential extensions provide long-term security and steady work, which can significantly contribute to business growth. Companies like KBH Building Services Limited, Wates Property Services Ltd, Axis Europe PLC, and T Gilmartin Ltd, who were identified as suppliers, are well-suited to handle such extensive service contracts, reinforcing their market positions and expanding their portfolios within the housing maintenance sector.

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Notice Information

Notice Title

Provision of Property Repairs and Maintenance Services

Notice Description

Peabody are seeking to procure suitable providers for repairs and voids across seven (7) regional Lots. The contract will be for an initial five (5) year term with extensions available on a one year basis up to the maximum of 10 years. The value of the Works (inc VAT) for the first 5 years, and maximum contract length are estimated to be up to: Lot 1: PS16,084,368 / PS32,168,737 Lot 2: PS48,778,296 / PS97,556,591 Lot 3: PS38,627,897 / PS77,255,794 Lot 4: PS47,681,056 / PS95,362,111 Lot 5: PS36,048,020 / PS72,096,040 Lot 6: PS40,554,055 / PS81,108,109 Lot 7: PS46,493,275 / PS92,986,550

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1f5865b4-de25-410f-9fb2-f820ab625a56
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/82799e35-b0ae-4f4a-a77d-3d5fe57b9ac5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

50 - Repair and maintenance services

CPV Codes

50000000 - Repair and maintenance services

Notice Value(s)

Tender Value
£1,023,577,180 £1B-£10B
Lots Value
Not specified
Awards Value
£1,023,577,180 £1B-£10B
Contracts Value
Not specified

Notice Dates

Publication Date
27 Feb 202512 months ago
Submission Deadline
14 Oct 2024Expired
Future Notice Date
Not specified
Award Date
9 Oct 20241 years ago
Contract Period
27 Feb 2025 - 13 Oct 2029 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
PEABODY TRUST
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SE1 7JB
Post Town
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
Not specified
Local Authority
Southwark
Electoral Ward
St George's
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
4
Supplier Names

AXIS EUROPE

KBH BUILDING SERVICES

T GILMARTIN

WATES PROPERTY SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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