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Lease renewal negotiations

The Crown Estate

This public procurement record has 1 release in its history.

Award

05 Mar 2025 at 14:28

Award Notice
Summary of the contracting process

The Crown Estate has completed the procurement process titled "Lease renewal negotiations" within the real estate development services industry category (CPV: 70110000). This tender involves various regions across the United Kingdom, including England, Scotland, Wales, and Northern Ireland. The procurement stage is at the Award stage, with the contract awarded on 8th January 2025 and commencing on 9th January 2025, running until 9th January 2026. The procurement method was a direct, single tender action (below threshold), targeting SMEs, and the contract value is GBP 35,000.

This tender provides significant opportunities for growth, particularly for SMEs operating in the real estate development services sector. Businesses specialising in property management and lease negotiations would be well-positioned to compete for similar contracts in future procurement activities. The Crown Estate's engagement in leasing services indicates ongoing and future opportunities for businesses with expertise in real estate development and management across multi-regional locations in the UK.

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Notice Information

Notice Title

Lease renewal negotiations

Notice Description

Lease renewal negotiations

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-99194f8f-9b61-4075-b795-cf5d60c2869f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9851dfd1-a388-44d1-9725-f100c290cea4
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
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70110000 - Development services of real estate

Notice Value(s)

Tender Value
£35,000 Under £100K
Lots Value
Not specified
Awards Value
£35,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Mar 20251 years ago
Submission Deadline
8 Jan 2025Expired
Future Notice Date
Not specified
Award Date
8 Jan 20251 years ago
Contract Period
9 Jan 2025 - 9 Jan 2026 1-2 years
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
Postcode Area
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
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

August Real Estate Asset Management Limited

Further Information

Notice Documents

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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