Award

Estates Professional Services

THE INSOLVENCY SERVICE

This public procurement record has 1 release in its history.

Award

20 Nov 2023 at 12:57

Summary of the contracting process

The Insolvency Service has awarded a contract for Estates Professional Services to AVISON YOUNG (UK) LIMITED. The contract is valued at £200,000 and involves real estate services. The procurement method used was selective, and the contract was called off from a framework agreement. The contract period is from 20th November 2023 to 19th November 2025.

This tender presents an opportunity for businesses involved in providing professional real estate services to compete. Companies with expertise in property lease negotiations, commercial conveyancing, and related services would be well-suited for this contract. The location of the procurement is in Stratford, London, England. Businesses aiming to grow through public procurement contracts in the services sector should consider engaging with The Insolvency Service for potential future opportunities.

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Notice Title

Estates Professional Services

Notice Description

The Agency's Estates Team requires the provision of professional services to support with its management of its BAU pipeline which includes but is not limited to, property lease and Memorandum of Terms of Occupation (MOTO) negotiations which will include review and amendment of documentation for new leases, review of existing leases or MOTO's, commercial conveyancing, etc. BAU Estates will be responsible for all lease and MOTO events for the agency and during the next three years, 2023 to 2026, which will include several lease events. Some of these events will need urgent attention owing to timescales involved when notice is served on the Agency by the Landlord or Lease Holder. BAU Estates, then, requires its own provision for professional services to enable completion of events and prevent breach of agreements and incurring additional costs.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-784a8697-c0f8-426e-85fa-ab5353d16493
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7d6e0ff8-d9ef-434d-b1e7-accdccc5b009
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

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
£200,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Nov 20232 years ago
Submission Deadline
17 Nov 2023Expired
Future Notice Date
Not specified
Award Date
20 Nov 20232 years ago
Contract Period
20 Nov 2023 - 19 Nov 2025 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE INSOLVENCY SERVICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
STRATFORD, LONDON
Postcode
SW1P 2HT
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

AVISON YOUNG (UK

Open Contracting Data Standard (OCDS)

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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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