Award

Wellington Square Management contract

STOCKTON ON TEES BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

02 Mar 2026 at 13:05

Summary of the contracting process

The Wellington Square Management contract is led by Stockton on Tees Borough Council, focusing on commercial property management services within the UKC11 region. This procurement process pertains to services for the management of the Wellington Square shopping centre, including tenant negotiations, rent reviews, and lease renewals. The procurement was completed through a direct award procedure without prior publication of a call for competition, and Knight Frank was authorised under the NEPO503 Specialist Professional Services Framework. The contract valued at £497,368 was signed on 1st April 2025.

This tender presents significant business growth opportunities for firms specialising in property management services, particularly those experienced in handling shopping centres and commercial properties. Large-scale businesses with expertise in service charge management, forecasting, budgeting, and leasing negotiations could benefit greatly from engaging in such contracts. The contract includes options for two additional 12-month extensions, offering potential for long-term engagement and consistent business expansion.

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Notice Title

Wellington Square Management contract

Notice Description

The Council requires an external property agent ("Property Manager") to undertake day to day management of Wellington Square shopping centre and car park. The management of the centre will include acting on behalf of the council to negotiate with tenants at rent reviews and lease renewals, along with marketing of vacant units and negotiating favourable lease terms with prospective tenants and work as necessary to budget, forecast, manage, disperse, balance and apportion the service charge.

Lot Information

Lot 1

This is a services contract for a property management provider to manage a shopping centre.

Options: there are two optional 12 month extensions for this contract. These are reflected in the value

Procurement Information

Direct award from NEPO503 Vendor Neutral Managed Service for (NEPRO3) Specialist Professional Services Framework to Knight Frank

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-065f8e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/018428-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70332200 - Commercial property management services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£497,368 £100K-£500K

Notice Dates

Publication Date
2 Mar 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 Mar 202511 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
STOCKTON ON TEES BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
STOCKTON ON TEES
Postcode
TS17 6BJ
Post Town
Cleveland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC31 Hartlepool and Stockton-on-Tees
Delivery Location
TLC11 Hartlepool and Stockton-on-Tees

Local Authority
Stockton-on-Tees
Electoral Ward
Mandale & Victoria
Westminster Constituency
Middlesbrough and Thornaby East

Supplier Information

Number of Suppliers
1
Supplier Name

BLOOM PROCUREMENT SERVICES

Further Information

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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