Award

Places for London Risk Framework Review

PLACES FOR LONDON LIMITED

This public procurement record has 1 release in its history.

Award

21 Jan 2026 at 13:56

UK7 - Contract Details Notice
Summary of the contracting process

Places for London Limited, a sub-central government public authority, has completed a procurement process for conducting a risk framework review of its property portfolio and funding strategy. The contract, titled "Places for London Risk Framework Review," was awarded to True North Partners LLP, a small to medium enterprise (SME) based in London, United Kingdom. With the contract signed on 19th January 2026, the service provision runs from 19th January to 14th March 2026. The procurement was executed using a direct method below the threshold, without competition, focusing on general management consultancy services. The engagement aimed to assess risk factors such as market volatility and sustainability obligations.

This tender presents considerable opportunities for businesses specialising in consultancy services, particularly those capable of navigating complex property and funding risk landscapes. The successful bidder, True North Partners LLP, highlights the opportunity for similar SMEs with expertise in property valuation and ESG compliance strategies in London and beyond. Companies adept in identifying market risk drivers and providing substantial strategic reviews may find such tenders highly beneficial for expanding their service portfolios and establishing a footprint in public sector consultancy engagements.

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Notice Information

Notice Title

Places for London Risk Framework Review

Notice Description

This contract engages a specialist consultancy to conduct a comprehensive risk review of Places for London's property portfolio and funding strategy. The review will assess key dimensions such as valuation, growth plans, funding options, and ESG compliance, while identifying risk drivers including market volatility, interest rate exposure, and sustainability obligations.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-060b26
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/005318-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79411000 - General management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£25,000 Under £100K

Notice Dates

Publication Date
21 Jan 20261 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
19 Jan 20261 months ago
Contract Period
19 Jan 2026 - 14 Mar 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
PLACES FOR LONDON LIMITED
Additional Buyers

TRANSPORT FOR LONDON

Contact Name
Not specified
Contact Email
bsfaribaadministration@tfl.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E20 1JN
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

TRUE NORTH PARTNERS

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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