๐GB-Stratford: LLDC Commercial Property Estate Management Services
Procurement process summary
This process is to purchase GB-Stratford: LLDC Commercial Property Estate Management Services.
This contract was awarded by ๐ฌ๐ง London Legacy Development Corporation for an amount of GBP 87,750 to 1 supplier. It was published on 2024-07-26 through open
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
Buying entity๐ฌ๐ง London Legacy Development Corporation Buying unitnot reported Publication date2024-07-26 Contest statusnot reported DescriptionThe 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 ContractAwards
This award was granted to Estama (UK) Ltd by London Legacy Development Corporation for an amount of GBP 87,750. The procurement process was conducted through open for the category of services. The award was granted on 2024-07-25. This is award number 1.
| Supplier | Amount | Award date | Award number |
|---|---|---|---|
| ๐ฌ๐ง Estama (UK) Ltd | GBP 87,750 | 2024-07-25 | 1 |
Market context and opportunities
The execution of this contract allows the entity London Legacy Development Corporation to fulfill its public service objectives efficiently.
The open purchase modality ensures that the process is transparent and compliant with regulations.
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
This transparency in public procurement promotes fair competition, prevents corruption, and ensures that public resources are used efficiently for the benefit of citizens.
Additional data
Contract NumberUK_ocds-70d2nz-a3469b34-60aa-44f3-81c2-39b01ae156e4-award-1Publication date2024-07-26Contract datenot reportedAward date2024-07-25CategoriesservicesPurchase modalityopenMethod detailsOpen:OpenStatusnot reportedData sources
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