Award

Real Estate Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

25 Nov 2025 at 09:58

Summary of the contracting process

The Bank of England has completed a procurement process titled "Real Estate Services" with a focus on services in the real estate sector. The procurement, carried out through a selective method by a call-off from a framework agreement, centred around the identification, selection, and potential delivery of a new property in Leeds, UK. This process, which has now moved to the award stage, was valued at £150,000 and saw CBRE Limited as the awarded supplier. The contract period commenced on 14th July 2025 and will conclude on 13th December 2026.

This tender offers significant opportunities for businesses involved in real estate services, particularly those capable of operating within a framework agreement setting. While the opportunity has already been awarded, it highlights the possibilities for large-scale firms with the capacity to manage substantial contracts. Although this particular process did not accommodate SMEs or VCSEs, it exemplifies the types of contracts available for businesses that specialise in comprehensive real estate services and are equipped to engage in selective procurement processes. By engaging with similar tenders, businesses can explore avenues for growth and increased participation in government-led real estate projects.

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Notice Title

Real Estate Services

Notice Description

Provision of real estate services for the identification, selection and potential delivery of a new property in Leeds. The contract has no obligation to commit to a specific level of expenditure.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9cc1e6ed-173d-4752-bb78-17cb1cdb0cf8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/269bdfe5-08e5-45e1-83b0-6244e97298c7
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
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
£150,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Nov 20253 months ago
Submission Deadline
9 Apr 2025Expired
Future Notice Date
Not specified
Award Date
10 Jul 20257 months ago
Contract Period
13 Jul 2025 - 13 Dec 2026 1-2 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
BANK OF ENGLAND
Contact Name
Not specified
Contact Email
fm.contracts@bankofengland.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
EC2R 8AH
Post Town
Central 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
City of London
Electoral Ward
Walbrook
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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