Award

UNIT 3420, BUCCANNEER WAY, MAGNA PARK, LUTTERWORTH LE17 4XW

PORTSMOUTH CITY COUNCIL

This public procurement record has 1 release in its history.

Award

30 Dec 2025 at 11:50

Summary of the contracting process

The public procurement process for this contract has been led by Portsmouth City Council, focusing on a project titled "UNIT 3420, BUCCANEER WAY, MAGNA PARK, LUTTERWORTH LE17 4XW." The industry category involved is real estate services, with the delivery location specified within the region UKJ31 in the United Kingdom. This procurement has reached the award stage, with the contract status marked as active. Key dates include the contract start on 2nd September 2025 and a completion date on 17th December 2025. The procurement method used was below threshold, although the specific details were not disclosed.

This contract presents considerable opportunities for businesses specialising in real estate services, particularly those capable of managing property agreements and rental adjustments. The award to CBRE LIMITED, a large supplier located in London, highlights the opportunity for well-positioned companies to engage with sub-central government authorities like Portsmouth City Council. Such contracts can provide businesses with a foothold in public sector projects, fostering growth through longer-term partnerships and potential future engagements in similar procurement processes.

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Notice Title

UNIT 3420, BUCCANNEER WAY, MAGNA PARK, LUTTERWORTH LE17 4XW

Notice Description

Acting on behalf of Portsmouth CC and agreeing a rent increase to PS843,161 pa from the former rent of PS1,243,178 p.a. from 15th July 2024 against Travis Perkins (Properties) Limited.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05fe15
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/086413-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£30,000 Under £100K

Notice Dates

Publication Date
30 Dec 20251 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Sep 20255 months ago
Contract Period
1 Sep 2025 - 17 Dec 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
PORTSMOUTH CITY COUNCIL
Contact Name
Not specified
Contact Email
procurement@portsmouthcc.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
PORTSMOUTH
Postcode
PO1 2AL
Post Town
Portsmouth
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ31 Portsmouth
Delivery Location
Not specified

Local Authority
Portsmouth
Electoral Ward
Charles Dickens
Westminster Constituency
Portsmouth South

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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