Expired contract

City Occupiers and Investment Study

Details

Supplier(s)
The Yard Creative
Value
£162,532.5
Duration
1 year
Topic
Investment banking services and related services
Published
7 March 2024

Tender description

The City of London Corporation needs to ensure it can attract the right balance and mix of occupiers to the Square Mile to ensure a vibrant and sustainable ecosystem. Both in the short term - to meet immediate strategic goals. And longer-term, to ensure the City remains a world-leading and thriving business cluster. A study is proposed to be commissioned to deliver an evidence-based approach for doing this. The study would explore what is needed to deliver strategic priorities for occupiers, and ensuring clarity around goals and KPIs. Identifying what sorts of occupiers should be targeted and how to win their business. Producing both a target engagement plan and the content that will convince these occupiers to locate here. And setting out the functions and structures required to deliver these goals effectively - looking at both existing resources and where new approaches are needed. This study would take place across five inter-related workstreams and deliverables, to run concurrently and is identified in the attached scope.

Timeline

  1. Completed: Award published7 March 2024
    Current notice
  2. Completed: Award date7 March 2024
  3. Completed: Contract expiry date28 February 2025

About the buyer

City of London Corporation buys as a local authority, and sets out its own procurement policies and requirements for suppliers. Its City Fund draws on rental and interest income from the Corporation's own property, alongside business rates and council tax. The Corporation also runs soft market testing to shape future procurements with suppliers.

A three-year Commercial Pipeline gives suppliers early visibility of larger opportunities.

Over the past 5 years, most of City of London Corporation's contract awards have been in architectural and engineering services, business services and construction work.

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