Tender

Provision of Retail Estate Management Services

FIRST TRENITALIA WEST COAST RAIL LIMITED

This public procurement record has 2 releases in its history.

TenderUpdate

18 May 2026 at 16:51

Tender

14 May 2026 at 19:50

Summary of the contracting process

First Trenitalia West Coast Rail Limited is seeking to procure retail estate management services to enhance rental income and customer service through strategic investments. The procurement process, running under a competitive flexible procedure, is now in the tender update stage as of 18th May 2026. The services sought fall under the retail trade and real estate categories, with the contract overseeing 16 directly managed stations across the UK, excluding station car parks and advertising. Interested parties should submit expressions of interest by 15th June 2026, with the contract valued at approximately £1,100,000 over a potential 4-year term. The contract is anticipated to commence on 11th December 2026, concluding by 10th December 2029, with an optional one-year extension.

This tender presents significant growth potential for businesses specialising in retail estate management, especially those adept at maximising property rental incomes and enhancing service delivery through strategic investments. The procurement method involves a two-stage process, starting with a Pre-Qualification Stage (PQQ) followed by an Invitation to Negotiate (ITN), ensuring only qualified bidders are considered. With a high threshold for quality and price in the evaluation criteria, businesses that excel in quality submissions, pricing strategies, and adhere to contract Key Performance Indicators (KPIs) will find a competitive edge. The successful bidder will engage in a lucrative opportunity with First Trenitalia West Coast Rail, driving value across a multifaceted property portfolio.

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How relevant is this notice?

Notice Title

Provision of Retail Estate Management Services

Notice Description

This procurement is being run by First Rail Holdings on behalf of First Trenitalia West Coast Rail. To drive and deliver higher rental income return through: -Increasing the rent roll -Customer service improvements through capital and tenant investment. The estate comprises of 16 directly managed stations and encompasses all property within the leases. This includes station buildings, car parks, and other land and property. The properties provide a broad mix of retail, office, residential, community, and other commercial tenancies held on a mixture of leases and licences. The management of station car parking and commercial advertising is not included as part of this procurement strategy. The new contract will be for an initial 3-year term with an option to extend for a further year. The estate is currently generating a rental income of approximately PS4.7m. It is estimated that a new contract value will be in the region of PS1,100,000 for a full 4-year term. Please note that TUPE applies to this procurement. The successful Supplier will be required to enter an Umbrella Direct Agreement (UDA) with the Secretary of State

Lot Information

Lot 1

Renewal: Optional 1 year extension at the end of the core term.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06995f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/045539-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive flexible procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

55 - Hotel, restaurant and retail trade services

70 - Real estate services


CPV Codes

55900000 - Retail trade services

70000000 - Real estate services

Notice Value(s)

Tender Value
£1,100,000 £1M-£10M
Lots Value
£1,100,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 May 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
11 Dec 2026 - 10 Dec 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
FIRST TRENITALIA WEST COAST RAIL 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
W2 1AF
Post Town
West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
Hyde Park
Westminster Constituency
Cities of London and Westminster

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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