Awarded contract

Lease Advisory Consultancy Services

Details

Supplier(s)
Value
£3,350,000
Duration
5 years
Topic
Property management services of real estate on a fee or contract basis
Published
5 August 2025

Tender description

LEASE ADVISORY CONSULTANCY SERVICES TO VARIOUS SITES (LAND AND BUILDINGS) ACROSS ENGLAND NHS PS require a partner agent(s) to act as advisor/ negotiator with regards to Rent Reviews, Lease Renewals, lease re-gears, new lettings and other events it sees fit. Additional information: Successful Bidders by Lot Lot 1 - National Lease Advisory Services Awarded to: Cushman & Wakefield and Montagu Evans LLP Lot 2 - Regional Lease Advisory Services Awarded to: Osmond Tricks Limited - Midlands, London, and South Align Property Partners - North and Midlands Wignalls Chartered Surveyors - North Lot 5 - Pharmacy Services Awarded to: Barker Proudlove Limited Estimated Annual Contract Values Lot 1: £300,000 Lot 2: £300,000 Lot 5: £70,000 Contract Terms These contracts were awarded with no guaranteed minimum number of instructions per year or awarded value. The volume of work will be reviewed and agreed upon annually. The following Lots were Abandoned Lot 3 - Telecoms Lot 4 - New Lettings

Timeline

  1. Completed: Award date15 July 2025
  2. Completed: Award published5 August 2025
    Current notice
  3. Next: Contract expiry date14 July 2030in 4 years

About the buyer

NHS Property Services Ltd is a central government company owned by the Department of Health and Social Care, and buys only from approved suppliers. Around 3,000 NHS buildings across England sit in its portfolio. Quotations are sought from a minimum of three suppliers wherever possible.

Over the past 5 years, most of NHS Property Services Ltd's contract awards have been in construction work, architectural and engineering services and business services.

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