RFP QuestBeta
ClosedStage · contract

London Legacy Development Corporation

GB-Stratford: LLDC Commercial Property Estate Management Services

Real EstateCPV 70000000 70300000 70330000 70332000
Value£100k
Deadline19 Jun 2024
Published24 May 2024
RegionLondon
Timeline
Published 24 May 2024ClosedCloses 19 Jun 2024
Contract value in context
£100ktotal contract value
median £100k
this tender£0£4.3m

This sits in the upper-middle of the Real Estate Services band — a substantial contract for the sector. Based on 3,366 valued Real Estate Services tenders in our corpus.

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The brief

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

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Source & provenance
OCID
0691a2d9-3c20-43ab-b258-12ba126c7846
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
BIP864093174
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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