Advisory Services to DfT Group Property

Award

Buyers

Department for Transport

Value

£6,000,000

Suppliers

Classifications

Commercial property management services

Tags

award
contract

Published

11 months ago

Description

This notice covers a dual-supplier property advisory services call-off contract. Following a further competition under Lot 1 CCS framework RM6168 (Estate Management Services), the contract was awarded to two suppliers - Jones Lang LaSalle Ltd. and CBRE Ltd.
The overarching contract has a maximum value of £1,500,000 per annum (excluding VAT) - with no committed minimum spend. The Department intends to distribute spend evenly between the suppliers, using a taxi-rank system.
Contracts were released for signature on 20/11/2023. Following signature by all parties, the contract begins on 28/11/2023. It has an initial term of three years (terminating on 21/09/2026, with the option to extend for a further one year, until 21/09/2027.

Documents

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Contract Agreement

The official contract terms, conditions, and scopes of work.

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Award Notice

Details on the tender award and selected suppliers.

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Organisation

Department for Transport

Ministry or any other national or federal authority, including their regional or local subdivisions

[email protected]

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