Tender

HAR5969: Estate Management Services

TOWER HAMLETS

This public procurement record has 1 release in its history.

Tender

20 Dec 2024 at 14:38

Tender Notice
Summary of the contracting process

Tower Hamlets is inviting tenders for the procurement titled "HAR5969: Estate Management Services" within the property management sector. The contract aims to appoint a Chartered Surveying firm to support the Council's Asset Management team, primarily addressing lease renewals, rent reviews, and other estate management activities. This procurement process is at the tender stage, with an estimated contract value between £700,000 and £900,000. Interested suppliers must submit their bids by 31st January 2025, and the contract is set to commence on 7th April 2025, running until 6th April 2029. This open procedure is applicable to businesses within the United Kingdom and seeks services categorised under CPV code 70330000.

This tender presents significant opportunities for businesses in the estate management and property consultancy sectors. SMEs and VCSEs particularly stand to benefit, especially those capable of providing comprehensive estate management, strategic advice, and property management services. Winning this contract could secure a steady workload over several years and establish a strong relationship with a prominent local government client. It is especially suitable for firms with experience in handling lease renewals, rent reviews, and managing estate-related activities for public sector bodies.

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Notice Information

Notice Title

HAR5969: Estate Management Services

Notice Description

The main objective of this procurement exercise is to appoint an accredited and qualified Chartered Surveying firm to provide estate management professional services support to the Council's Asset Management team. The service requirements are broken down as follows. Lot 1 - General Estate Management Activities (Estimated Value - PS790,000) This lot will primarily focus on lease renewals and rent reviews including the option to procure other services including; * Agency and lease management * Surveying and strategic advice * Estate, asset and property management * Rent reviews lease breaks & lease expiries * Lease renewals & lease regear * Lease consents * Lease surrender & regrant * Dilapidations * Wayleaves & easements * Licences for alteration and landlords consent Currently individual instructions are raised via RFQ to a variety of suppliers for distinct pieces of work. In some circumstances these will be bundled. In order to reduce future contact administration Asset Management are looking to appoint a single supplier to undertake all instructions. Lot 2 - Estate Management Activities relating to Ben Jonson Road and shops at Mile End (Estimated Value - PS100,000) * General estate management and advice including service charge management and collection, rental management and collection and ad hoc advice relating to the leases. The Council will retain the right to request support with the lettings of property where required.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6e9e766f-172b-4581-a7e0-98ca7d1a8a10
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b0eb1a8b-8126-43c5-91ce-6d9b320a605c
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70330000 - Property management services of real estate on a fee or contract basis

Notice Value(s)

Tender Value
£900,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Dec 20241 years ago
Submission Deadline
31 Jan 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
6 Apr 2025 - 6 Apr 2029 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TOWER HAMLETS
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
E1 1BJ
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Whitechapel
Westminster Constituency
Bethnal Green and Stepney

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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