This public procurement record has 1 release in its history.

Award

03 Aug 2026 at 08:36

Summary of the contracting process

Transport for London (TfL) has finalised a procurement process for a rent review at 20 Cranbourne Street. The procurement, titled "TfL 97207 20 Cranbourne St - Rent review", pertains to non-residential property services within the services industry category. This process occurred in London, United Kingdom, and was conducted using a limited procurement method focusing on below-threshold limited competition. As of 3rd August 2026, this procurement stage is complete, with the contract period spanning from 31st July 2026 to 30th June 2027. TfL's procurement aims to secure specialist professional advice and representation to assess rental value and provide negotiation support.

This tender represents a valuable opportunity for businesses specialising in real estate consultancy and property services, particularly those adept at rent negotiations and strategic property assessment. DISTRKT Lease Consultancy Limited, a small to medium-sized enterprise, successfully secured the contract, indicating that SMEs with expertise in non-residential property services are well-positioned to engage in similar tenders. This procurement does not only facilitate immediate business growth for the stakeholders involved but also sets a precedent for future opportunities within public procurement contracts involving organisational and commercial real estate evaluation.

How relevant is this notice?

Notice Title

TfL 97207 20 Cranbourne St - Rent review

Notice Description

The requirement is for specialist professional advice and representation in connection with the forthcoming rent review. The commission is to provide a clear assessment of rental value, strategic advice on the likely review position, negotiation support with the counterparty, and, where required, further specialist input to help protect Places for London's commercial position and support an informed outcome. The contract is being documented using the standard TfL / Places for London contract for services form, adapted to reflect the agreed service scope and pricing structure for this instruction

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06d996
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/073012-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70332000 - Non-residential property services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£37,900 Under £100K

Notice Dates

Publication Date
3 Aug 20262 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Jul 20266 days ago
Contract Period
30 Jul 2026 - 30 Jun 2027 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
TRANSPORT FOR LONDON
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
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

DISTRKT LEASE CONSULTANCY

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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