Published date: 17 January 2025

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


Closing: 27 June 2024, 12pm

Contract summary

Industry

  • Real estate services - 70000000

Location of contract

Any region

Value of contract

£9,052,204

Procurement reference

tender_359022/1438284

Published date

17 January 2025

Closing date

27 June 2024

Closing time

12pm

Contract start date

1 March 2025

Contract end date

28 February 2029

Contract type

Service contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No


Description

EPS encompasses activities related to the oversight and control of real estate and covers a diverse range of services. Service requirements comprise of two categories: core and non-core. Core services are those that have a foreseeable demand which is driven by the size and nature of the estate. These services are to be delivered by the supplier, unless relevant exceptions apply, such as conflicts of interest. These services include but are not limited to general estate duties, property management, asset management, data management and reporting and financial services/ treasury function. The non-core services are those that are required on an ad-hoc demand basis and are typically driven by individual project requirements. The supplier will be instructed to deliver these services, as and when required. These services include but are not limited to valuations, rent reviews, disposals, acquisitions, dilapidations, and specialist advice.

The contract is for an initial 4 year term, with the option to extend for a period of up to two years.

The value associated with this contract is for the maximum contract term (4+2 years) and covers both the core and non-core service elements.


Award information

Awarded date

18 December 2024

Contract start date

1 March 2025

Contract end date

28 February 2029

Total value of contract

£9,052,204

This contract was awarded to 1 supplier.

Cushman & Wakefield Debenham Tie Leung Limited

Address

125 Old Broad Street, London, United Kingdom, EC2N 1AR

Reference

Companies House number: 02757768

Supplier is SME?

No

Supplier is VCSE?

No


About the buyer

Address

2 Marsham Street
London
SW1P 4DF
England

Email

kobirul.islam@homeoffice.gov.uk