DfTc - Department for Transport
****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
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits in the lower-middle of the Real Estate Services band — a mid-scale opportunity. Based on 3,366 valued Real Estate Services tenders in our corpus.
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.
What the notice asks for
This contract is awarded to CBRE Ltd
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.
Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.
What this notice demands of you
1 named, none in explicit obligation language. Each one is quoted from the notice.
This procurement was conducted via a further competition, by means of CCS Framework RM6168: Estate Professional Services, Lot 1 - Total Estate Management.
Matched against the notice text, so this is a floor — the tender pack will demand things the notice never mentions. “Says must” means the quoted sentence itself used obligation language; anything ambiguous is left as a mention.
Make the case to bid
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- OCID
- 95dc06e6-21ba-414c-aa2e-8913434f503d
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- tender_360821/1222047
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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