Award

AWARDED: TRCF3078 - Advisory Services to DfT Group Property

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 2 releases in its history.

AwardUpdate

03 Dec 2023 at 19:50

Award

28 Nov 2023 at 17:34

Summary of the contracting process

The Department for Transport (DfT) has awarded a contract for advisory services related to property management to Jones Lang LaSalle Ltd. and CBRE Ltd. The contract, with a maximum value of £6,000,000 per annum, under a taxi-rank distribution system, began on 28/11/2023 and runs for an initial term of three years, potentially extending for another year until 21/09/2027.

This tender opportunity in real estate services presents potential growth opportunities for large-scale property advisory firms looking to secure contracts with government agencies. The procurement process, which involves a selective method through a framework agreement, offers businesses in the real estate sector the chance to compete for valuable service contracts in the United Kingdom and international markets.

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Notice Title

AWARDED: TRCF3078 - Advisory Services to DfT Group Property

Notice Description

This notice covers a dual-supplier property advisory services call-off contract. Following a further competition under Lot 1 CCS framework RM6168 (Estate Management Services), the contract was awarded to two suppliers - Jones Lang LaSalle Ltd. and CBRE Ltd. The overarching contract has a maximum value of PS1,500,000 per annum (excluding VAT) - with no committed minimum spend. The Department intends to distribute spend evenly between the suppliers, using a taxi-rank system. Contracts were released for signature on 20/11/2023. Following signature by all parties, the contract begins on 28/11/2023. It has an initial term of three years (terminating on 21/09/2026, with the option to extend for a further one year, until 21/09/2027.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9f9bf1c3-3973-49e4-8648-c490f49166b3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b2a52f63-f1b6-4d48-bab0-eaac4afc69da
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

70100000 - Real estate services with own property

70220000 - Non-residential property renting or leasing services

Notice Value(s)

Tender Value
£6,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£6,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
3 Dec 20232 years ago
Submission Deadline
29 Aug 2023Expired
Future Notice Date
Not specified
Award Date
20 Nov 20232 years ago
Contract Period
28 Nov 2023 - 21 Nov 2026 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
DFTC - DEPARTMENT FOR TRANSPORT
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
SW1P 4DR
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
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
2
Supplier Names

CBRE

JONES LANG LASALLE

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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