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TfL 97207 20 Cranbourne St - Rent review

Transport for London

This public procurement record has 1 release in its history.

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03 Aug 2026 at 09:36

UK7 - Contract Details Notice
Summary of the contracting process

Transport for London commissioned specialist professional services for the rent review of 20 Cranbourne Street in London. The work covers assessing the property’s rental value, advising on the likely review position and supporting negotiations with the counterparty. It also includes further specialist input where required, to protect Places for London’s commercial position and support an informed outcome. The procurement is for non-residential property services, including professional rent review advice and representation. The service is delivered for Transport for London and concerns a commercial property in London. The requirement was documented under TfL and Places for London’s standard services contract, adapted to reflect the agreed scope and pricing structure.

This procurement has been completed and awarded following a below-threshold limited competition. The contract was awarded to DISTRKT LEASE CONSULTANCY LIMITED on 31 July 2026. The contract was signed on the same date and runs from 31 July 2026 to 30 June 2027. Its value is £37,900 excluding VAT, or £45,480 including VAT. There was one completed lot covering the rent review services, and the contract remains active. The award covers services for the stated commercial property requirement. The available procurement information identifies the limited competition route and the selected supplier, but does not set out a separate scoring or weighting basis for evaluation.

This award demonstrates demand from Transport for London for specialist commercial property advice around rent reviews. Suppliers seeking comparable work with this buyer would need credible experience assessing rental value, forming a clear view of the likely review position and advising on strategy. They would also need the capability to represent a client in negotiations with a counterparty, protect the client’s commercial interests and support an informed settlement or other outcome. The requirement suits a focused property consultancy or surveying practice with practical rent review expertise, strong commercial judgement and the ability to provide additional specialist advice when required. Experience delivering concise professional advice and effective negotiation support would be particularly relevant.

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Notice Information

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

Notice Details

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 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 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

Buyer & Supplier

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
Postcode Area
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 LIMITED

Further Information

Notice Documents

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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