London Legacy Development Corporation: GB-Stratford: LLDC Commercial Property Estate Management Services

Competitive Contract Award Notice

Associated Parent Notice
CompetitiveContractNotice - GB-Stratford: LLDC Commercial Property Estate Management Services
1. Title: GB-Stratford: LLDC Commercial Property Estate Management Services
2. Awarding Authority:
    London Legacy Development Corporation
    Level 9, Five Endeavour Square, Westfield Avenue, London, E20 1JN, United Kingdom
    Tel. 00000000000, Email: ryanconroy@tfl.gov.uk
    Contact: Ryan Conroy - Commercial Manager, Attn: Ryan Conroy
3. Contract Type: Services
      Sub Type: Building-cleaning services and property management services.

4. Description: Commercial property management services. The London Legacy Development Corporation (LLDC), with a 12-year operational history, is seeking a qualified and experienced property consultancy to manage its owned and occupied assets and locations. The LLDC’s portfolio, which will eventually be developed, generates important interim income. Therefore, effective management of these tenants and properties is crucial, including rent collection.

The Service Provider is expected to proactively manage the LLDC’s owned and occupied assets and locations that are not under development, using a coordinated approach to ensure legal obligations are fulfilled, commercial opportunities are maximised, and sites are available and prepared for development at the relevant time.

LLDC currently has a contract with a single service provider that is due to end mid-2024. Therefore, a re-tender is required for this business-critical service.

This requirement is for LLDC and its subsidiary operations including Stratford Waterfront Retail Management Company Limited.

EXPECTED DURATION: 3 Year Contract
5. CPV Codes:
   70332200 - Commercial property management services.

6. NUTS Codes :
   UKI41 - Hackney and Newham

7. Main Site or Location of Works, Main Place of Delivery or Main Place of Performance: Hackney and Newham,
8. Reference Attributed by the Awarding Authority: PIP-231001-03
9. Awarded to:

    Estama (UK) Ltd
    National ID: 06610868, 2nd Floor 5-6 Clipstone Street,, London, W1W6BB, United Kingdom
    Tel. 00000000000
    Contact: James Nelson - Associate, Attn: James Nelson - Associate
Value Cost: 87,750
Is Awardee likely to subcontract?: No Awarded to SME?: Yes
10. Date of Contract Award: 25/07/2024
11. Number of Tenders Received: 3
12. Other Information:
Other Information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.
To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=878371266
TKR-2024726-PRO-27020489
Suitable for VCO: No
Procedure Type:OPEN
Period of Work Start date: 01/08/2024
Period of Work End date: 30/07/2027