Estates Professional Services (EPS) - Home Office Estate
Ministry of Justice · London
Key facts
- Contract value
- £9,052,204
- Awarded
- 18 Dec 2024
- Contract starts
- 01 Mar 2025
- Contract ends
- 28 Feb 2029
- Procedure
- Call-off from a framework agreement (framework)
- Buyer type
- Central government
- Source
- Contracts Finder
Awarded to
| Supplier | Value |
|---|---|
| Cushman & Wakefield Debenham Tie Leung Limited | £9,052,204 |
Description
EPS encompasses activities related to the oversight and control of real estate and covers a diverse range of services. Service requirements comprise of two categories: core and non-core. Core services are those that have a foreseeable demand which is driven by the size and nature of the estate. These services are to be delivered by the supplier, unless relevant exceptions apply, such as conflicts of interest. These services include but are not limited to general estate duties, property management, asset management, data management and reporting and financial services/ treasury function. The non-core services are those that are required on an ad-hoc demand basis and are typically driven by individual project requirements. The supplier will be instructed to deliver these services, as and when required. These services include but are not limited to valuations, rent reviews, disposals, acquisitions, dilapidations, and specialist advice.
The contract is for an initial 4 year term, with the option to extend for a period of up to two years.
The value associated with this contract is for the maximum contract term (4+2 years) and covers both the core and non-core service elements.
Categories (CPV)
- 70000000 Real estate services
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