---
title: "Management Contract of WBC Commercial Property Portfolio - AWARD"
ocid: "ocds-b5fd17-66c32a38-8a14-4f0b-a727-4f790b236cba"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-66c32a38-8a14-4f0b-a727-4f790b236cba"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-66c32a38-8a14-4f0b-a727-4f790b236cba.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-66c32a38-8a14-4f0b-a727-4f790b236cba.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WEST BERKSHIRE COUNCIL"
published: "2024-11-15"
---

# Management Contract of WBC Commercial Property Portfolio - AWARD

Buyer: WEST BERKSHIRE COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-66c32a38-8a14-4f0b-a727-4f790b236cba

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## Summary

West Berkshire Council has completed the procurement process for the management of its commercial property portfolio, titled "Management Contract of WBC Commercial Property Portfolio - AWARD." The contract has been awarded through an open procedure under Lot 1 of the Crown Commercial Services framework RM6168 - Estate Management Services. The industry category is property management services under CPV code 70330000. The awarded contract spans multiple locations, including the United Kingdom, Europe, and several oversees territories. The contract period commenced on 29 October 2024 and will end on 28 October 2027, with the total contract value amounting to £450,984. The procurement stage is now complete, and the award was published on 15 November 2024.

This tender offers significant opportunities for businesses involved in property and facilities management, leasing and agency services, disposals of assets, and strategic portfolio management. Companies with expertise in handling comprehensive estate management, conducting financial investment analysis, and ensuring statutory compliance will find this contract particularly beneficial. The winning bidder, Lambert Smith Hampton Group Ltd, will undertake various responsibilities, including rent collection, marketing of vacant properties, and landlord and tenant management, making it a lucrative opportunity for established property management firms seeking to expand their services and portfolio.

## Notice

It is proposed to seek to appoint a property agent through Lot 1 (Total Estate Management) of Crown Commercial Services framework RM6168 - Estate Management Services. The following is a list of the key services expected of the contract: o Disposals; Disposal of assets within the portfolio, including marketing, advice and reporting o Leasing and agency services; Undertake rent reviews, lease breaks/renewals, dilapidation negotiations and marketing and lettings of vacant properties o Property and facilities management; Provide financial and facilities management of the portfolio, rent collection, ensure statutory compliance, landlord and tenant management, including reporting. o Strategic portfolio management; Independent sourcing of suitable investments, stock screening, selection and scrutiny. Include access to both occupational and capital markets, financial investment analysis and due diligence on acquisitions.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/10810c9c-ba95-4db8-8156-2d15c9bf115b |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Nov 2024 |
| Submission deadline | 20 Sep 2024 |
| Future notice date | Not specified |
| Award date | 15 Oct 2024 |
| Contract period | 29 Oct 2024 - 28 Oct 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £450,984 |
| 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 | WEST BERKSHIRE COUNCIL |
| Locality | BERKSHIRE |
| Post town | Reading |
| Postcode | RG14 5LD |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ1 Berkshire, Buckinghamshire and Oxfordshire |
| ITL 3 | TLJ16 Berkshire West |
| Local authority | West Berkshire |
| Electoral ward | Newbury Central |
| Westminster constituency | Newbury |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | LAMBERT SMITH HAMPTON GROUP |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70121000 - Building sale or purchase services
- 70130000 - Letting services of own property
- 70220000 - Non-residential property renting or leasing services
- 70310000 - Building rental or sale services
- 70330000 - Property management services of real estate on a fee or contract basis

## Release History

- 15 Nov 2024 at 11:38 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/10810c9c-ba95-4db8-8156-2d15c9bf115b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/10810c9c-ba95-4db8-8156-2d15c9bf115b
  15th November 2024 - 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-b5fd17-66c32a38-8a14-4f0b-a727-4f790b236cba. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-66c32a38-8a14-4f0b-a727-4f790b236cba.json.