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AWARDED: TRCF3078 - Advisory Services to DfT Group Property

DfTc - Department for Transport Published 3 Dec 2023 Contracts Finder
The value below is a framework or dynamic market ceiling: the maximum that could be spent across all call-offs, not the value of a single contract. Aggregate figures on this site exclude these to avoid double counting.

key details

Value£6,000,000
Statuscomplete
Category (CPV) 70100000 +1 more
Deadline29 Aug 2023
Contract start28 Nov 2023
Contract end21 Nov 2026
Procedureselective
SME suitableNo
OCIDocds-b5fd17-9f9bf1c3-3973-49e4-8648-c490f49166b3

Awards (2)

This procurement was awarded to 2 suppliers. Values shown are per-award; the notice total is £6,000,000.

SupplierValueDateStatus
CBRE Ltd shared £6,000,000 20 Nov 2023 active
Jones Lang LaSalle Ltd shared £6,000,000 20 Nov 2023 active

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.

notice history

2 notices published against this procurement.

PublishedTypeRegimeNotice
28 Nov 2023 Award (award) · b2a52f63-f1b6-4d48-bab0-eaac4afc69da-702561
3 Dec 2023 Award update (awardUpdate) · b2a52f63-f1b6-4d48-bab0-eaac4afc69da-703850

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source

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