Planning

Princes Exchange, Leeds - Managing Agent & Estate Management Services

NETWORK RAIL INFRASTRUCTURE LIMITED

This public procurement record has 1 release in its history.

Planning

21 Apr 2026 at 16:34

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

NETWORK RAIL INFRASTRUCTURE LIMITED, a central government public authority, is conducting a Preliminary Market Engagement (PME) for a potential procurement of estate management and managing agent services at Princes Exchange, Leeds. This multi-tenanted, Grade A commercial office building is undergoing refurbishment and aims to offer 94,000 sq. ft. of modern office accommodation. The process is in the planning stage, with key documentation released on 21 April 2026 and a response deadline set for 6 May 2026. Interested parties can access the Market Engagement documents via Network Rail's sourcing platform. Though it is primarily an information-gathering exercise, feedback will aid in understanding market capabilities for potential future procurement in the services sector related to property management within the UK region.

This tender presents significant growth opportunities for businesses engaged in property management and facilities management services. Ideal candidates would likely include SMEs and VCSEs capable of providing comprehensive estate management services, tenant engagement, and facilities management coordination. The potential scope includes overseeing third-party providers and ensuring efficient management compliant with statutory requirements. With an estimated contract value of £650,000 and potential renewal options extending the term, it is an attractive prospect for innovative firms that leverage digital solutions and can navigate market challenges in providing high-quality occupier experiences. Participating in this engagement will help businesses better position themselves for future competitive tendering processes under the Procurement Act 2023.

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Notice Information

Notice Title

Princes Exchange, Leeds - Managing Agent & Estate Management Services

Notice Description

Network Rail Infrastructure Limited is undertaking a Preliminary Market Engagement (PME) to inform a potential future procurement for the provision of estate management and managing agent services at Princes Exchange, Leeds. Princes Exchange is a multi-tenanted, Grade A commercial office building currently undergoing refurbishment and, on completion, is expected to provide approximately 94,000 sq. ft. of modern office accommodation across multiple floors. The building will comprise a mix of rail occupier space and commercial office accommodation, supported by shared amenities including reception, business lounge and cafe facilities. Through this PME, Network Rail is seeking to engage with the supply market to better understand market capability, delivery models and commercial approaches for managing agent and estate management services within a comparable multi-tenant commercial office environment. The potential scope of services may include, but is not limited to: * Property and estate management services * Tenant and occupier engagement and relationship management * Facilities management coordination, including oversight of hard and soft FM services delivered by third-party providers * Supplier and contract management, including management of third-party service providers * Service charge administration, budgeting and financial reporting * Health, safety and statutory compliance management * Performance monitoring, reporting and governance The appointed managing agent (subject to any future procurement) would be expected to act on behalf of Network Rail in delivering the day-to-day operational management of the building, ensuring it is managed safely, efficiently and in compliance with all relevant statutory and regulatory requirements, while delivering a high-quality occupier experience. The services relate to the provision of managing agent and estate management functions. Delivery of operational facilities management services (including, but not limited to, cleaning, security, maintenance and utilities) is not expected to form part of the managing agent contract and may be procured separately. Network Rail is seeking feedback from the market on: * Typical delivery models and organisational structures for services of this nature * Allocation of responsibilities between managing agents and specialist subcontractors * Commercial models, pricing structures and value-for-money considerations * Innovation, digital solutions and opportunities to enhance occupier experience * Market capacity and appetite to deliver services of this scale and specification * Key risks, challenges and opportunities associated with delivering these services This Preliminary Market Engagement is being conducted for information-gathering purposes only. It does not constitute a call for competition, a procurement, or any commitment by Network Rail to undertake a procurement exercise. Network Rail has not yet determined the final route to market and may consider a range of compliant procurement approaches in accordance with the Procurement Act 2023 and internal governance requirements. Participation in this PME will not confer any advantage or disadvantage in any subsequent procurement process.

Planning Information

The Preliminary Market Engagement (PME) will be conducted through a structured questionnaire issued as part of the Market Engagement documentation. Interested organisations are invited to review the Market Engagement documentation and complete the Market Engagement Response Template (Annex A), providing responses to the questions set out within the document. The Market Engagement documentation can be accessed via Network Rail’s sourcing platform (Bravo): https://networkrail.bravosolution.co.uk/web/login.html To access the documents, select “View Current Opportunities” and locate the opportunity titled “Princes Exchange – Estate Management and Managing Agent Services”. There is no requirement to register or log in to access the documents. Completed responses should be submitted via email to the contact address provided within the Market Engagement documentation by 06th May 2026. Any clarification questions should be submitted via the contact email address detailed within the documentation. Responses will be recorded in an anonymised clarification log and published via updates to the opportunity listing and associated documents on the Bravo platform. Interested organisations are responsible for reviewing the opportunity listing for any updates. No supplier briefing events are currently planned as part of this engagement. Participation in this engagement is voluntary and is for information-gathering purposes only. It will not form part of any future procurement process.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0687e8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/036338-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

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

CPV Codes

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

70332000 - Non-residential property services

79993000 - Building and facilities management services

79993100 - Facilities management services

Notice Value(s)

Tender Value
£650,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Apr 20263 days ago
Submission Deadline
Not specified
Future Notice Date
30 May 20262 months to go
Award Date
Not specified
Contract Period
1 Jan 2027 - 1 Jan 2030 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NETWORK RAIL INFRASTRUCTURE LIMITED
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
SE1 8SW
Post Town
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI45 Lambeth
Delivery Location
TLE Yorkshire and The Humber, TLE42 Leeds
Local Authority
Lambeth
Electoral Ward
Waterloo & South Bank
Westminster Constituency
Vauxhall and Camberwell Green

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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