HAR5969: Estate Management Services

70330000: Property management services of real estate on a fee or contract basis

Contract details

Detailed information about the contract

Id
TOWER001-DN756506-66535138
Title
HAR5969: Estate Management Services
Description

The main objective of this procurement exercise is to appoint an accredited and qualified Chartered Surveying firm to provide estate management professional services support to the Council's Asset Management team. The service requirements are broken down as follows.

Lot 1 - General Estate Management Activities (Estimated Value - £790,000)

This lot will primarily focus on lease renewals and rent reviews including the option to procure other services including;

• Agency and lease management • Surveying and strategic advice • Estate, asset and property management • Rent reviews lease breaks & lease expiries • Lease renewals & lease regear • Lease consents • Lease surrender & regrant • Dilapidations • Wayleaves & easements • Licences for alteration and landlords consent

Currently individual instructions are raised via RFQ to a variety of suppliers for distinct pieces of work. In some circumstances these will be bundled. In order to reduce future contact administration Asset Management are looking to appoint a single supplier to undertake all instructions.

Lot 2 - Estate Management Activities relating to Ben Jonson Road and shops at Mile End (Estimated Value - £100,000)

• General estate management and advice including service charge management and collection, rental management and collection and ad hoc advice relating to the leases. The Council will retain the right to request support with the lettings of property where required.

Buyer
Tower Hamlets
Date Published
2024-12-20 - a month ago
Status
Active
Classification
70330000: Property management services of real estate on a fee or contract basis
Value
£900.0K GBP
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Deadline
2025-01-31 - in 8 days
Contract Start Date
2025-04-06
Contract End Date
2029-04-06
Suitable For Sme
true
Suitable For Vcse
true