Award

Real Estate Advisory Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

27 Jan 2026 at 12:02

Summary of the contracting process

The Bank of England, located in London, has progressed to the award stage in its procurement process for "Real Estate Advisory Services," classified under the industry category of real estate services (CPV: 70000000). With the procurement method being selective and initiated as a call-off from a framework agreement, the total contract value amounts to £1,500,000. The award was made to Jones Lang LaSalle Ltd on 26 January 2026, and the contract period is set from 2 March 2026 until 1 March 2031. The contracting process is complete, and the tender was specifically targeted towards large-scale businesses due to suitability criteria that exclude SMEs and VCSEs. The project location is centralised at the postal code EC2R 8AH in England.

This tender offers significant opportunities for large real estate service companies seeking to expand their business portfolio with government contracts. Given the substantial contract value of £1,500,000 and a consistent service demand from a prestigious buyer like the Bank of England, businesses with extensive experience in real estate advisory services are well-positioned to partake in such opportunities. The successful delivery of this project could enhance a company's reputation and provide a strong foothold in the public sector market. Companies similar in profile to Jones Lang LaSalle Ltd, which already have a robust infrastructure to take on large-scale projects, would find this contract a beneficial addition to their business growth strategy.

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Notice Title

Real Estate Advisory Services

Notice Description

Real Estate Advisory Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bea1d5bc-43ce-4e20-a061-4c98c5bce926
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ec010579-c356-487e-9a09-bc79fde5d5d6
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
£1,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,500,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Jan 20264 weeks ago
Submission Deadline
26 Jan 2026Expired
Future Notice Date
Not specified
Award Date
26 Jan 20264 weeks ago
Contract Period
2 Mar 2026 - 1 Mar 2031 Over 5 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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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

JONES LANG LASALLE

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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