Award

Rent Review

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

30 Apr 2024 at 12:30

Summary of the contracting process

The procurement process involved Transport for London (TfL) seeking a rent review surveyor for an industrial premises in South East London. TfL aimed to maintain rental rates at the lowest feasible levels. The procurement was conducted through a selective method, with a contract value of £17,000 GBP. The tender period ended on 5th March 2024, and the contract period spans from 3rd April 2024 to 4th July 2024.

This tender presents an opportunity for businesses in the building consultancy services industry to engage with TfL for specialized surveyor services. Companies experienced in conducting rent review negotiations in the London region would be well-suited to compete for this tender. The contract's procurement stage is now complete, with BNP Paribas Real Estate Advisory & Property Management UK Li being awarded the contract.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Rent Review

Notice Description

The procurement aims to engage a specialized rent review surveyor to conduct thorough rent review negotiations for an industrial premises situated in South East London. The surveyor will represent TfL subsidiary (DAR) for the designated depot, with the primary objective of ensuring the rental rates are maintained at the lowest feasible levels.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-763d2cd1-8fee-4fb6-a4df-f92e1ac3d0c5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/947e322d-2f85-4e11-a364-903252dbc68e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services


CPV Codes

71315200 - Building consultancy services

Notice Value(s)

Tender Value
£17,000 Under £100K
Lots Value
Not specified
Awards Value
£17,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Apr 20241 years ago
Submission Deadline
5 Mar 2024Expired
Future Notice Date
Not specified
Award Date
2 Apr 20241 years ago
Contract Period
2 Apr 2024 - 4 Jul 2024 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
TRANSPORT FOR LONDON
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
E20 1JN
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

BNP PARIBAS REAL ESTATE ADVISORY & PROPERTY MANAGEMENT UK LI

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-763d2cd1-8fee-4fb6-a4df-f92e1ac3d0c5-2024-04-30T13:30:24+01:00",
    "date": "2024-04-30T13:30:24+01:00",
    "ocid": "ocds-b5fd17-763d2cd1-8fee-4fb6-a4df-f92e1ac3d0c5",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "TFL 93535 / Task 342",
        "title": "Rent Review",
        "description": "The procurement aims to engage a specialized rent review surveyor to conduct thorough rent review negotiations for an industrial premises situated in South East London. The surveyor will represent TfL subsidiary (DAR) for the designated depot, with the primary objective of ensuring the rental rates are maintained at the lowest feasible levels.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "71315200",
            "description": "Building consultancy services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 17000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2024-03-05T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2024-04-03T00:00:00+01:00",
            "endDate": "2024-07-04T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/5WZu8KXU",
            "name": "Transport for London",
            "identifier": {
                "legalName": "Transport for London",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/5WZu8KXU"
            },
            "address": {
                "streetAddress": "5 ENDEAVOUR SQUARE",
                "locality": "LONDON",
                "postalCode": "E201JN",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Naura Ogbe",
                "email": "nauraogbe@tfl.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-04176965",
            "name": "BNP PARIBAS REAL ESTATE ADVISORY & PROPERTY MANAGEMENT UK LI",
            "identifier": {
                "legalName": "BNP PARIBAS REAL ESTATE ADVISORY & PROPERTY MANAGEMENT UK LI",
                "scheme": "GB-COH",
                "id": "04176965"
            },
            "address": {
                "streetAddress": "5 Aldermanbury Square, London, EC2V 7BP"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/5WZu8KXU",
        "name": "Transport for London"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-763d2cd1-8fee-4fb6-a4df-f92e1ac3d0c5-1",
            "status": "active",
            "date": "2024-04-03T00:00:00+01:00",
            "datePublished": "2024-04-30T13:30:24+01:00",
            "value": {
                "amount": 17000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-04176965",
                    "name": "BNP PARIBAS REAL ESTATE ADVISORY & PROPERTY MANAGEMENT UK LI"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-04-03T00:00:00+01:00",
                "endDate": "2024-07-04T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/947e322d-2f85-4e11-a364-903252dbc68e",
                    "datePublished": "2024-04-30T13:30:24+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}