---
title: "Property / Construction Services"
ocid: "ocds-b5fd17-1bec7b9e-3ae1-468a-bc3c-1059f4c9263d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1bec7b9e-3ae1-468a-bc3c-1059f4c9263d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1bec7b9e-3ae1-468a-bc3c-1059f4c9263d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-1bec7b9e-3ae1-468a-bc3c-1059f4c9263d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2025-10-02"
---

# Property / Construction Services

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-1bec7b9e-3ae1-468a-bc3c-1059f4c9263d

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-1bec7b9e-3ae1-468a-bc3c-1059f4c9263d)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-1bec7b9e-3ae1-468a-bc3c-1059f4c9263d.json)

## Summary

The Bank of England has completed a selective procurement process through a framework agreement, titled "Property / Construction Services," within the commercial property management services industry. Located at their headquarters on Threadneedle Street, London, this tender was awarded on 28th July 2025 to Turner & Townsend Project Management Limited. The contract covers services from 29th July 2025 to 28th July 2030, with a total value of £3,500,000. Although the contract status is complete, the procurement stage reflects an "award," following a tender period that ended on 16th June 2025.

This tender presents significant opportunities for businesses involved in commercial property management, particularly those capable of offering extensive property and construction services. Large-scale enterprises experienced in managing substantial contracts would be well-suited to engage in similar tenders by understanding the procurement methods of major financial institutions like the Bank of England. Though the current contract has been awarded, it highlights the need for reliable partners to support the management of valuable commercial assets, which could foster growth for businesses aiming to collaborate on similar initiatives in the future.

## Notice

The Bank requires Property / Construction Services, the project scope will vary upon an annual basis. This is a non-committal spend.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/70fc8121-8e27-407b-905a-631c064e8a79 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Oct 2025 |
| Submission deadline | 16 Jun 2025 |
| Future notice date | Not specified |
| Award date | 27 Jul 2025 |
| Contract period | 28 Jul 2025 - 28 Jul 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £3,500,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BANK OF ENGLAND |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2R 8AH |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Walbrook |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | TURNER & TOWNSEND PROJECT MANAGEMENT |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70332200 - Commercial property management services

## Release History

- 2 Oct 2025 at 10:27 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/70fc8121-8e27-407b-905a-631c064e8a79

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/70fc8121-8e27-407b-905a-631c064e8a79
  2nd October 2025 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-1bec7b9e-3ae1-468a-bc3c-1059f4c9263d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1bec7b9e-3ae1-468a-bc3c-1059f4c9263d.json.