Award

HAR5969: Estate Management Services

TOWER HAMLETS

This public procurement record has 2 releases in its history.

Award

15 Jul 2025 at 14:14

Tender

20 Dec 2024 at 14:43

Summary of the contracting process

The procurement process for "HAR5969: Estate Management Services" is conducted by Tower Hamlets, a regional or local authority located in London, United Kingdom. This open tender addresses the real estate services sector, specifically classified under property management services of real estate on a fee or contract basis. Interested parties were required to submit their bids electronically by 31 January 2025, with the bid opening scheduled on the same day. The contract is divided into two lots: General Estate Management Activities and Services relating to Ben Jonson Road and shops at Mile End. This procurement is at the tender stage, with the award period beginning on 31 January 2025. The contract for each lot has a duration of 1080 days, slated to begin on 1 June 2025.

This tender presents significant opportunities for qualified Chartered Surveying firms to expand their portfolio by engaging in a substantial estate management contract with a reputable authority like Tower Hamlets. The procurement's wide scope, covering lease renewals, property management, and strategic advising, would be advantageous for firms specialising in comprehensive real estate services. Moreover, businesses capable of offering efficient lease management, surveying, and strategic consultancy would find this tender particularly aligned with their expertise, thus positioning them for growth within the public sector. The procurement process is conducted through an open procedure, and as price is not the sole criterion for award, firms with unique value propositions have a competitive edge.

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Notice Title

HAR5969: Estate Management Services

Notice Description

The main objective of this procurement exercise is to appoint an accredited and qualified Chartered Surveying firm to provide estate management professional services support to the Council's Asset Management team. The service requirements are broken down as follows. Lot 1 - General Estate Management Activities (Estimated Value - PS790,000) This lot will primarily focus on lease renewals and rent reviews including the option to procure other services including; * Agency and lease management * Surveying and strategic advice * Estate, asset and property management * Rent reviews lease breaks & lease expiries * Lease renewals & lease regear * Lease consents * Lease surrender & regrant * Dilapidations * Wayleaves & easements * Licences for alteration and landlords consent Currently individual instructions are raised via RFQ to a variety of suppliers for distinct pieces of work. In some circumstances these will be bundled. In order to reduce future contact administration Asset Management are looking to appoint a single supplier to undertake all instructions. Lot 2 - Estate Management Activities relating to Ben Jonson Road and shops at Mile End (Estimated Value - PS100,000) * General estate management and advice including service charge management and collection, rental management and collection and ad hoc advice relating to the leases. The Council will retain the right to request support with the lettings of property where required.

Lot Information

HAR5969 Lot 1: General Estate Management Activities

This lot will primarily focus on lease renewals and rent reviews including the option to procure other services including; * Agency and lease management * Surveying and strategic advice * Estate, asset and property management * Rent reviews lease breaks & lease expiries * Lease renewals & lease regear * Lease consents * Lease surrender & regrant * Dilapidations * Wayleaves & easements * Licences for alteration and landlords consent Currently individual instructions are raised via RFQ to a variety of suppliers for distinct pieces of work. In some circumstances these will be bundled. In order to reduce future contact administration Asset Management are looking to appoint a single supplier to undertake all instructions.

Options: Proposed Contract Start date: 01 June 2025 Proposed Contract Initial End date: 31st May 2028 End date including extensions: 31 May 2029 The contract will be for 4 years in total, 3 yrs +1yr.

HAR5969 Lot 2: Estate Management Activities relating to Ben Jonson Road and shops at Mile End

General estate management and advice including service charge management and collection, rental management and collection and ad hoc advice relating to the leases. The Council will retain the right to request support with the lettings of property where required. The Estate Management Activities for Ben Jonson Road & shops at Mile End are currently undertaken by Carter Jonas under an RFQ arrangement. Asset Management have taken the opportunity to bring this activity under the main contract to reduce contract administration.

Options: Proposed Contract Start date: 01 June 2025 Proposed Contract Initial End date: 31st May 2028 End date including extensions: 31 May 2029 The contract will be for 4 years in total, 3 yrs +1yr.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04ca3c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/040098-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£900,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£890,000 £500K-£1M

Notice Dates

Publication Date
15 Jul 20257 months ago
Submission Deadline
31 Jan 2025Expired
Future Notice Date
Not specified
Award Date
2 Jun 20258 months ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
TOWER HAMLETS
Contact Name
Mr Simon Waller
Contact Email
simon.waller@towerhamlets.gov.uk
Contact Phone
+44 2073644013

Buyer Location

Locality
LONDON
Postcode
E1 1BJ
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London

Local Authority
Tower Hamlets
Electoral Ward
Whitechapel
Westminster Constituency
Bethnal Green and Stepney

Supplier Information

Number of Suppliers
2
Supplier Names

GRAHAM AND SIBBALD

SPECIALIST PROPERTY ADVISERS UK LLP T/A BODDY AND EDWARDS

Open Contracting Data Standard (OCDS)

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