---
title: "Provision of Railway Estates Management Services: Retail, Commercial and Occupations"
ocid: "ocds-h6vhtk-031759"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-031759"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-031759.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-031759.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "FIRST TRENITALIA WEST COAST RAIL LIMITED"
published: "2022-02-15"
---

# Provision of Railway Estates Management Services: Retail, Commercial and Occupations

Buyer: FIRST TRENITALIA WEST COAST RAIL LIMITED  
Current stage: Tender  
OCID: ocds-h6vhtk-031759

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## Summary

The procurement process involves First Trenitalia West Coast Rail Limited, who is seeking to appoint an experienced RICS rail estate management consultancy for the provision of Railway Estates Management Services: Retail, Commercial and Occupations. This tender falls under the real estate services category and is located within the UK. Currently in the active tender stage, interested parties must submit their applications by 18th March 2022. The estimated contract value is approximately £3.1 million, with an initial contract period of three years, potentially extending to July 2026.

This opportunity presents significant prospects for growth, especially for businesses specialising in real estate management, consultancy, and those with experience in the railway sector. Companies that can enhance rental income and improve customer service through capital and tenant investments will be particularly well-suited to compete. The broad scope of the estate, encompassing over 700 properties with diverse commercial tenancies, further indicates a substantial market potential for successful bidders.

## Notice

FirstRail Holdings (FRH) is looking to appoint an experienced RICS rail estate management consultancy to drive and deliver both higher rental income returns by increasing the rent roll and substantial customer service improvements through capital and tenant investment. Our built stations estate (which encompasses all property within our Leases including station buildings, car parks and other land and property.) The scope of this requirement covers the provision of an estate management services provider for Great Western Railway, South Western Railway and Avanti West Coast and TransPennine Express Train Operating Contracts (TOCs). Please note that First Transpennine Express (TPE) is included within this tender as an optional "add on", however there is no guarantee that this TOC will be included in the final contract award. FRH reserve the right to include TPE and the associated service offering from the successful bidder at any point or not at all over the duration of the contract term utilising this tendering process.

### Lot Information

Lot 1

FirstRail Holdings (FRH) is looking to appoint an experienced RICS rail estate management consultancy to drive and deliver both higher rental income returns by increasing the rent roll and substantial customer service improvements through capital and tenant investment. Our built stations estate (which encompasses all property within our Leases including station buildings, car parks and other land and property.) The scope of this requirement covers the provision of an estate management services provider for Great Western Railway, South Western Railway and Avanti West Coast and TransPennine Express Train Operating Contracts (TOCs). Please note that First Transpennine Express (TPE) is included within this tender as an optional "add on", however there is no guarantee that this TOC will be included in the final contract award. FRH reserve the right to include TPE and the associated service offering from the successful bidder at any point or not at all over the duration of the contract term utilising this tendering process. The estate comprises of over 700 properties providing a broad mix of retail, office, residential and other commercial tenancies held on a mixture of leases and licences. For the avoidance of doubt this excludes the management of station car parking and commercial advertising. The estate has generated a rental income to these FirstGroup TOCs of approximately PS13.7m per annum pre-Covid pandemic, and budgeted income of PS10.8m per annum year ending March 2023. The proposed contract would be for an initial 3-year period up to 24th July 2025 with an option to extend for a further year up to July 2026. The estimated value of the contract is expected to be approximately in the range of PS2,456,764 and PS4,176,500 excluding VAT for the full 4 years of the contract (this includes the optional one-year extension for all four TOCs). The anticipated range excluding TPE is in anticipated to be in the range of PS2,292,547 - PS3,897,330.92.

Options: 3 year initial term contract, with the option to extend by an additional 12 months, subject to approvals.

Renewal: There is an optional 12 month extension on this contract.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/004285-2022 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Negotiated procedure with prior call for competition |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Feb 2022 |
| Submission deadline | 18 Mar 2022 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £3,100,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FIRST TRENITALIA WEST COAST RAIL LIMITED |
| Additional buyers | FIRST GREATER WESTERN RAILWAY LIMITED; FIRST MTR SOUTH WESTERN TRAINS LIMITED; FIRST TRANSPENNINE EXPRESS LIMITED |
| Locality | LONDON |
| Post town | West London |
| Postcode | W2 1AF |
| 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 | Hyde Park |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70000000 - Real estate services

## Release History

- 15 Feb 2022 at 14:12 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/004285-2022

## Notice URLs

- http://redirect.transaxions.com/events/JGka4
- https://www.avantiwestcoast.co.uk/
- https://www.gwr.com/
- https://www.southwesternrailway.com/
- https://www.tpexpress.co.uk/

## 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-h6vhtk-031759. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-031759.json.