Published date: 24 January 2025

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 11 December 2024, 12pm

Contract summary

Industry

  • Treasury services - 66600000

Location of contract

B37 7YD

Value of contract

£400,000

Procurement reference

72d9be1c-b877-4e1e-9318-675138eb2866

Published date

24 January 2025

Closing date

11 December 2024

Closing time

12pm

Contract start date

1 April 2025

Contract end date

31 March 2028

Contract type

Service contract

Procedure type

Not specified

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No


Description

Central to PHG's strategic objectives are providing new and existing homes that are affordable, sustainable and of a high quality. PHG's capital programme is supported through a secured debt portfolio of approximately £2bn in value, split broadly evenly between Debt Capital Markets (DCM) and bank finance. The debt portfolio is subject to periodic valuations as detailed within individual debt facilities.

Valuation services are being tendered in relation to valuations due for the year to 31st March 2028


Award information

Awarded date

24 January 2025

Contract start date

1 April 2025

Contract end date

31 March 2028

Total value of contract

£305,259,701.24

This contract was awarded to 2 suppliers.

Savills UK Limited

Address

Savills UK Limited, 33, Margaret Street, London, W1G 0JD, UNITED KINGDOM

Reference

None

Jones Lang LaSalle Ltd

Address

30 Warwick Street, London, W1B 5NH, UNITED KINGDOM

Reference

None


About the buyer

Contact name

Natasha Symes

Address

1700, Solihull Parkway
, ,
Solihull
B37 7YD
UNITED KINGDOM

Telephone

0116 296 4043

Email

Natasha.Symes@platformhg.com