---
title: "BT93 - City Hall - Parliamentary Estate Rent Review"
ocid: "ocds-b5fd17-bdd9e633-42a7-4fdf-a0a1-10fcde01fe17"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-bdd9e633-42a7-4fdf-a0a1-10fcde01fe17"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-bdd9e633-42a7-4fdf-a0a1-10fcde01fe17.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-bdd9e633-42a7-4fdf-a0a1-10fcde01fe17.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CAPITALESOURCING"
published: "2024-08-15"
---

# BT93 - City Hall - Parliamentary Estate Rent Review

Buyer: CAPITALESOURCING  
Current stage: Award  
OCID: ocds-b5fd17-bdd9e633-42a7-4fdf-a0a1-10fcde01fe17

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## Summary

The procurement process for the contract titled "BT93 - City Hall - Parliamentary Estate Rent Review" involves the engagement of a specialist adviser to represent the Fund Management team within Westminster City Council's Corporate Property Department. This contract falls under the industry category of Financial Consultancy Services, specifically targeting business and management consultancy services. Located in London, United Kingdom, the procurement stage has reached the award phase, with the contract awarded to KNIGHT FRANK LLP on 17th July 2024. The contract, valued at £59,950, spans from 23rd August 2024 to 27th February 2026. The procurement method utilised was a competitive quotation (below threshold), making the process limited.

This tender presents significant opportunities for businesses specialising in financial and management consultancy services, particularly those capable of performing complex rent reviews for large property portfolios. Small and medium-sized enterprises (SMEs) stand a good chance of competing in similar future tenders due to the procurement's focus on less extensive processes. The role involves high-level advisory and negotiation skills, making it ideal for well-established consultancy firms with expertise in handling municipal properties and long-term financial strategies. Businesses in London can particularly benefit from this opportunity given the localised demand and relevance of the project.

## Notice

For the provision of a specialist adviser to act on behalf of the Fund Management team within Westminster City Council's Corporate Property Department and negotiate the revised rent review

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/fc3f332f-ddf9-435f-8df4-068a2644bed1 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Competitive quotation (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Aug 2024 |
| Submission deadline | 4 Jul 2024 |
| Future notice date | Not specified |
| Award date | 16 Jul 2024 |
| Contract period | 22 Aug 2024 - 27 Feb 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £59,950 |
| Lots value | Not specified |
| Awards value | £59,950 |
| 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 | CAPITALESOURCING |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1E 6QP |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | KNIGHT FRANK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 66171000 - Financial consultancy services
- 79400000 - Business and management consultancy and related services

## Release History

- 15 Aug 2024 at 08:18 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/fc3f332f-ddf9-435f-8df4-068a2644bed1

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/fc3f332f-ddf9-435f-8df4-068a2644bed1
  15th August 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-bdd9e633-42a7-4fdf-a0a1-10fcde01fe17. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-bdd9e633-42a7-4fdf-a0a1-10fcde01fe17.json.