Award

10 New Burlington Street - 3rd Floor - Lease renewal fees

THE CROWN ESTATE

This public procurement record has 1 release in its history.

Award

16 Oct 2024 at 14:21

Award Notice
Summary of the contracting process

The Crown Estate has completed the procurement process for renewing the lease fees for the 3rd floor at 10 New Burlington Street. This direct procurement under a single tender action was categorised under "Renting or leasing services of own property" and saw CBRE LIMITED selected as the supplier. The total contract value is £97,500, with a contract period starting on 1st January 2024 and ending on 29th June 2024. Located in London, this contract process was notably straightforward, concluding in the award stage on 16th October 2024, with the final tender period ending on 29th December 2023.

This lease renewal project offers significant opportunities for businesses specialising in property management and leasing services. Large companies equipped to manage high-value property leases would find this contract highly advantageous to bolster their portfolios. Although this specific tender has been awarded, similar future opportunities from notable buyers like The Crown Estate could provide substantial business growth for suitably qualified firms.

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Notice Information

Notice Title

10 New Burlington Street - 3rd Floor - Lease renewal fees

Notice Description

10 New Burlington Street - 3rd Floor - Lease renewal fees

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9231a40c-d870-44bf-90ed-03e74ab44ec3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bc3bb291-235a-4c0c-a6b7-a997a0a216f6
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

70200000 - Renting or leasing services of own property

Notice Value(s)

Tender Value
£97,500 Under £100K
Lots Value
Not specified
Awards Value
£97,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Oct 20241 years ago
Submission Deadline
29 Dec 2023Expired
Future Notice Date
Not specified
Award Date
29 Dec 20232 years ago
Contract Period
1 Jan 2024 - 29 Jun 2024 6-12 months
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
THE CROWN ESTATE
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
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

CBRE

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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