Award

Lease Renewal advice 7th Floor @ 20 Air Street

THE CROWN ESTATE

This public procurement record has 1 release in its history.

Award

28 Jan 2025 at 14:52

Summary of the contracting process

The Crown Estate, located in London, is seeking business growth opportunities through the project titled "Lease Renewal advice 7th Floor @ 20 Air Street". This procurement falls under the industry category of "Building rental or sale services" (CPV 70310000) and involves consulting on lease renewal. The procurement stage is in the Award phase, having completed the direct procurement method as a single tender action below the threshold. The contract period is set from 9th December 2024 to 7th May 2025, with the tender previously closing on 2nd December 2024. The project has a total contract value worth £50,000, and the services are to be delivered in the United Kingdom.

This tender offers a significant opportunity for businesses specialised in property management and lease advisory services to collaborate with a prestigious client like The Crown Estate. Although the procurement targeted large-scale firms, small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) may still find value in understanding the scope and demands of such contracts to enhance future bidding strategies. The winning bidder, Knight Frank LLP, exemplifies the competitive nature of these opportunities, proving that expertise in property consultancy can lead to successful procurement outcomes.

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Notice Title

Lease Renewal advice 7th Floor @ 20 Air Street

Notice Description

Lease Renewal advice 7th Floor @ 20 Air Street

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-80da4756-4cc9-4df1-9ae4-e66bb67fb308
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/94439884-a8f0-4f61-a061-64d2d911b1c9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70310000 - Building rental or sale services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£50,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jan 20251 years ago
Submission Deadline
2 Dec 2024Expired
Future Notice Date
Not specified
Award Date
2 Dec 20241 years ago
Contract Period
9 Dec 2024 - 7 May 2025 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
THE CROWN ESTATE
Contact Name
Procurement Team
Contact Email
tenders@thecrownestate.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1Y 4AH
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

KNIGHT FRANK

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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