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In deliveryUnited KingdomServices£900,000Add to pipeline

HAR5969: Estate Management Services

Awarded to Graham and Sibbald LLP, Specialist Property Advisers UK LLP t/a Boddy and Edwards

Tower Hamlets(buyer)

Published
Published 20 December 2024
Deadline
Closed 31 January 2025

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Overview

Tower Hamlets has awarded a contract for estate management professional services to Graham and Sibbald LLP and Specialist Property Advisers UK LLP t/a Boddy and Edwards for £890,000. The engagement covers two lots: general estate management activities including lease renewals, rent reviews, surveying advice, and property management (£790,000), and estate management services for Ben Jonson Road and Mile End shops including service charge and rental management (£100,000). The service consolidates multiple individual instructions currently handled by various suppliers into a single provider arrangement.

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Lots (2)

  • HAR5969 Lot 1: General Estate Management Activities

    This lot will primarily focus on lease renewals and rent reviews including the option to procure other services including; • Agency and lease management • Surveying and strategic advice • Estate, asset and property management • Rent reviews lease breaks & lease expiries • Lease renewals & lease regear • Lease consents • Lease surrender & regrant • Dilapidations • Wayleaves & easements • Licences for alteration and landlords consent Currently individual instructions are raised via RFQ to a variety of suppliers for distinct pieces of work. In some circumstances these will be bundled. In order to reduce future contact administration Asset Management are looking to appoint a single supplier to undertake all instructions.

    Won by Specialist Property Advisers UK LLP t/a Boddy and Edwards
  • HAR5969 Lot 2: Estate Management Activities relating to Ben Jonson Road and shops at Mile End

    General estate management and advice including service charge management and collection, rental management and collection and ad hoc advice relating to the leases. The Council will retain the right to request support with the lettings of property where required. The Estate Management Activities for Ben Jonson Road & shops at Mile End are currently undertaken by Carter Jonas under an RFQ arrangement. Asset Management have taken the opportunity to bring this activity under the main contract to reduce contract administration.

    Won by Graham and Sibbald LLP

Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£900,000
Procedure
Open procedure
Rules
Public Contracts Regulations 2015
Published
20 December 2024
Deadline
Closed
Classification (CPV)
Real estate services

Award outcome

Awarded value
£890,000
Award date
2 June 2025
Contract period
— → 17 May 2028
Against estimate
1% below
Bids received
5
Winners
  • Graham and Sibbald LLP
  • Specialist Property Advisers UK LLP t/a Boddy and Edwards

This contract ends on 17 May 2028.

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Competition and scoring

Bids received

5

Open and restricted tenders in Real estate services drew a median of 3 bids over the last 24 months; 17% received only one.

How bids were scored

  • price is not the only criterion

Market context

Typical award in Real estate services

£130,050

Median of 1,115 awards in the last 24 months

This award is 6.8× the median.

Tower Hamlets in the last 12 months

57

contracts awarded, worth £395,064,081 in total

See their procurement profile →

Recent awards in Real estate services

The latest contracts other buyers awarded under the same classification.

Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    15 July 2025

  2. Contract Notice

    20 December 2024

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