Expired contract

****AWARDED CONTRACT**** TRCF3075: Provision of a Lead Commercial Advisor that will provide advice on the lease negotiations and disposal of the Motorway Service Areas portfolio

Details

Supplier(s)
CBRE Limited
Value
£90,000
Duration
2 years
Topic
Real estate services
Published
7 June 2023

Tender 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.

Timeline

  1. Completed: Award date25 May 2023
  2. Completed: Award published7 June 2023
    Current notice
  3. Completed: Contract expiry date15 May 2025

About the buyer

Department for Transport (DfT) is a central government department, with commercial work spanning road, rail, aviation and maritime transport across the United Kingdom. The Group Commercial Directorate leads procurement for DfT from Great Minster House. National Highways, HS2 Ltd and Network Rail each run their own separate procurement as arm's-length bodies of DfT. The Driver and Vehicle Licensing Agency, the Driver and Vehicle Standards Agency and the Maritime and Coastguard Agency also buy separately.

Over the past 5 years, most of DfT's contract awards have been in business services, architectural and engineering services and research and development.

AI insights

  • Is there a preferred supplier?
  • What are the buyers pain points?
  • What has the buyer previously procured?
  • What are the key requirements?

This one's been awarded. Find the next before it's published.

Get a free pre-tender lead
Save this contract

Decision makers

Connect with the people behind this procurement.

Contact nameJob titlePhone numberWork email
Head of Procurement+44 •••• ••••••
Commercial Director+44 •••• ••••••
Procurement Manager+44 •••• ••••••
Category Lead+44 •••• ••••••
Senior Buyer+44 •••• ••••••
Contracts Manager+44 •••• ••••••

24 similar open tenders

See more open tenders related to Real estate services.

Explore all open tenders

Related topics

Topics related to ****AWARDED CONTRACT**** TRCF3075: Provision of a Lead Commercial Advisor that will provide advice on the lease negotiations and disposal of the Motorway Service Areas portfolio, ranked by notice volume.

View all topics
TopicCountValue
  1. 807
    £28.6bn
  2. 42,008
    £436.8bn

Finding public sector work shouldn't be hard

Make your next tender search effortless with Stotles. Set up alerts, find decision maker contacts and never miss a good-fit opportunity again.