--- title: "GB-Stratford: LLDC Commercial Property Estate Management Services" ocid: "ocds-b5fd17-caa51c5f-c3ed-47ae-a875-0aa633ea7dad" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-caa51c5f-c3ed-47ae-a875-0aa633ea7dad" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-caa51c5f-c3ed-47ae-a875-0aa633ea7dad.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-caa51c5f-c3ed-47ae-a875-0aa633ea7dad.json" source: "Contracts Finder" current_stage: "Award" buyer: "LONDON LEGACY DEVELOPMENT CORPORATION" published: "2024-07-26" --- # GB-Stratford: LLDC Commercial Property Estate Management Services Buyer: LONDON LEGACY DEVELOPMENT CORPORATION Current stage: Award OCID: ocds-b5fd17-caa51c5f-c3ed-47ae-a875-0aa633ea7dad [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-caa51c5f-c3ed-47ae-a875-0aa633ea7dad) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-caa51c5f-c3ed-47ae-a875-0aa633ea7dad.json) ## Summary The London Legacy Development Corporation (LLDC) has recently awarded a contract for commercial property estate management services to Estama (UK) Ltd. This contract, valued at £87,750, will commence on 1st August 2024 and run until 30th July 2027. LLDC, located in London, is engaging an open procedure to re-tender this essential service, which encompasses the management of LLDC's owned and occupied assets, particularly ones not currently under development. The contract aims to ensure legal compliance, maximise commercial opportunities, and prepare sites for future development. Relevant industry categories include commercial property management services, and opportunities are primarily situated in London. This tender offers growth opportunities for businesses specialising in property consultancy, particularly those experienced in commercial property management. Small and medium enterprises (SMEs) stand a favourable chance, given the LLDC's indication that the contract may be suitable for them. Businesses that are well-versed in proactive asset management, legal compliance, and the enhancement of commercial properties' value would find this tender highly beneficial. The success in securing such contracts from a reputable organisation like LLDC can bolster credibility and open doors to further projects in the public sector. ## Notice The London Legacy Development Corporation (LLDC), with a 12-year operational history, is seeking a qualified and experienced property consultancy to manage its owned and occupied assets and locations. The LLDC's portfolio, which will eventually be developed, generates important interim income. Therefore, effective management of these tenants and properties is crucial, including rent collection. The Service Provider is expected to proactively manage the LLDC's owned and occupied assets and locations that are not under development, using a coordinated approach to ensure legal obligations are fulfilled, commercial opportunities are maximised, and sites are available and prepared for development at the relevant time. LLDC currently has a contract with a single service provider that is due to end mid-2024. Therefore, a re-tender is required for this business-critical service. This requirement is for LLDC and its subsidiary operations including Stratford Waterfront Retail Management Company Limited. EXPECTED DURATION: 3 Year Contract Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a3469b34-60aa-44f3-81c2-39b01ae156e4 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME | | Awardee scale | SME | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 26 Jul 2024 | | Submission deadline | 24 Jul 2024 | | Future notice date | Not specified | | Award date | 24 Jul 2024 | | Contract period | 31 Jul 2024 - 30 Jul 2027 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £87,750 | | Lots value | Not specified | | Awards value | £87,750 | | 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 | LONDON LEGACY DEVELOPMENT CORPORATION | | Locality | LONDON | | Post town | East London | | Postcode | E20 1JN | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI4 Inner London - East | | ITL 3 | TLI41 Hackney and Newham | | Local authority | Newham | | Electoral ward | Stratford Olympic Park | | Westminster constituency | Stratford and Bow | | Delivery location | TLI London | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | ESTAMA (UK | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70332200 - Commercial property management services ## Release History - 26 Jul 2024 at 09:00 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/a3469b34-60aa-44f3-81c2-39b01ae156e4 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/a3469b34-60aa-44f3-81c2-39b01ae156e4 26th July 2024 - Awarded contract notice on Contracts Finder - https://www.delta-esourcing.com/delta/respondToList.html?noticeId=878371266 Please follow this link to view the notice. ## 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-caa51c5f-c3ed-47ae-a875-0aa633ea7dad. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-caa51c5f-c3ed-47ae-a875-0aa633ea7dad.json.