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Commercial Property Advisory Services

UK INFRASTRUCTURE BANK LIMITED

This public procurement record has 1 release in its history.

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09 Oct 2026 at 11:18

UK7 - Contract Details Notice
Summary of the contracting process

The National Wealth Fund Limited bought specialist commercial property advisory and due diligence services to support its investment appraisal and decision-making. The work is called off as required through Statements of Work, rather than delivered as one fixed package. It concerns commercial property and real estate advisory services, with delivery in the United Kingdom. The requirement is for the Fund’s property-related investment activity, so relevant providers are those able to assess commercial property and carry out due diligence to inform investment decisions. The contract was awarded to Carter Jonas LLP.

The procurement is complete and the contract is active. Carter Jonas LLP was selected following a competitive award under a framework, using a selective procedure below the applicable threshold. There was one lot. The contract was signed on 1 October 2026 and runs from 5 October 2026 to 4 October 2028, for two years. Its value is £173,000 excluding VAT (£207,600 including VAT). Services are commissioned as needed through individual Statements of Work. The recorded evaluation criteria and weighting are not included in the published process details.

For the same requirement to return to market, a credible provider would need specialist commercial property advisory capability and experience conducting property due diligence that supports investment appraisal and decision-making. The work is commissioned as needs arise through Statements of Work, so suppliers would need to respond flexibly to separate assignments rather than rely on a single, fixed scope. The award demonstrates that the Fund uses a competitive framework route for this below-threshold requirement and selected a property advisory firm. Providers able to deliver commercial real estate advice and due diligence for investment decisions would be best aligned; this is a focused commercial property opportunity, not a general property management or construction contract.

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Notice Information

Notice Title

Commercial Property Advisory Services

Notice Description

Award of a contract for specialist Commercial property advisory and due diligence services to support the Fund's investment appraisal and decision making. As services are required they will be called of through a Statement of Work. The Contract is for a 2 year period. The total contract value is PS173,000 + VAT.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-07847d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/095554-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Below threshold - award under framework
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£173,000 £100K-£500K

Notice Dates

Publication Date
9 Oct 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
5 Oct 2026 - 4 Oct 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UK INFRASTRUCTURE BANK 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
LEEDS
Postcode
LS1 4HR
Postcode Area
Leeds
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified
Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

Carter Jonas LLP

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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