Published date: 7 June 2023

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


Closing: 21 April 2023, 5pm

Contract summary

Industry

  • Real estate services - 70000000

Location of contract

North East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South West

Value of contract

£90,000

Procurement reference

tender_360821/1222047

Published date

7 June 2023

Closing date

21 April 2023

Closing time

5pm

Contract start date

25 May 2023

Contract end date

15 May 2025

Contract type

Service contract

Procedure type

Other: Further competition, by means of CCS Framework RM6168

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

The Department for Transport (the 'Department') requires strategic lease re-gear negotiations and disposal advice from a commercial property agent on a series of lease re-gears and disposal of a portfolio comprising 21 trading Motorway Service Areas (MSAs) located across England's motorway network.

This contract is awarded to CBRE Ltd to provide such services over the period commencing on the 15/05/2023, until 15/05/2025, with an option to extend for a further year.

The contract will be billed on a time-cost basis, capped to a maximum fee of £90,000.00 over the duration of the contract. An additional success fee will be provided at the legal completion of sales.

This procurement was conducted via a further competition, by means of CCS Framework RM6168: Estate Professional Services, Lot 1 - Total Estate Management. The contract is therefore governed by the terms and conditions of said framework.

More information

Attachments

Award information

Awarded date

15 May 2023

Contract start date

25 May 2023

Contract end date

15 May 2025

Total value of contract

£90,000

This contract was awarded to 1 supplier.

CBRE Ltd

Address

Henrietta House, Henrietta Place, London, W1G 0NB

Reference

No reference - other

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

Great Minster House, 33 Horseferry Road
London
SW1P 4DR
England

Email

DfTProcurement@dft.gsi.gov.uk