Award

Property Management & Estate Management Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

13 Oct 2025 at 12:44

Summary of the contracting process

The Bank of England, located in London, has completed a procurement process for "Property Management & Estate Management Services" under a selective method as a call-off from a framework agreement. The industry category falls under "Property management services of real estate on a fee or contract basis". The contract, valued at £150,000, was awarded to Newmark Gerald Eve LLP. The procurement stage was the award, with the contract period set from 1st July 2025 to 30th June 2026. This initiative aimed to procure effective property management services in SW15 5JQ, within the services procurement category.

This tender presents significant opportunities for businesses in the property management industry. Large-scale enterprises, such as those similar to the winning supplier, Newmark Gerald Eve LLP, would find this type of contract a fitting opportunity to expand their portfolio and secure government contracts. The use of a framework agreement highlights the potential for ongoing collaborations beyond this contract, offering a pathway for business growth and establishing a strong foothold in public sector procurement.

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Notice Title

Property Management & Estate Management Services

Notice Description

Property Management & Estate Management Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f945fa08-b53a-4984-8278-1010d89940c2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0e8def29-1bed-440e-8e17-4e08ae0ca5b9
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

70330000 - Property management services of real estate on a fee or contract basis

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
13 Oct 20254 months ago
Submission Deadline
28 Apr 2025Expired
Future Notice Date
Not specified
Award Date
18 Jun 20258 months ago
Contract Period
30 Jun 2025 - 30 Jun 2026 6-12 months
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

NEWMARK GERALD EVE

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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