Scope
Description
The objective for this framework is to appoint a new supplier to manage PfP's commercial properties. This framework will offer two levels of service: a Core Service Requirements, covering first point of contact, rent collection, and insurance management; and optional Additional Service Requirements, which include reviewing new and existing leases, negotiating rent reviews, and liaising with letting agents.
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Commercial tool
Establishes an open framework
Total value (estimated)
- £472,000 excluding VAT
- £566,400 including VAT
Above the relevant threshold
Contract dates (estimated)
- 22 May 2026 to 30 April 2030
- 3 years, 11 months, 10 days
Main procurement category
Services
CPV classifications
- 70000000 - Real estate services
- 70332000 - Non-residential property services
- 70332200 - Commercial property management services
- 70332300 - Industrial property services
Framework
Open framework scheme end date (estimated)
30 April 2030
Maximum number of suppliers
1
Maximum percentage fee charged to suppliers
0%
Framework operation description
Pricing is as it states within the ITT Document & Pricing Document. The award of contracts will be confirmed & discussed at a later stage.
Award method when using the framework
Without competition
Contracting authorities that may use the framework
Establishing party only
Submission
Enquiry deadline
17 February 2026, 12:00pm
Tender submission deadline
19 February 2026, 12:00pm
Submission address and any special instructions
Tenders may be submitted electronically
Yes
Languages that may be used for submission
English
Award decision date (estimated)
31 March 2026
Award criteria
| Name | Type | Weighting |
|---|---|---|
| Criterion 2 | Quality | 65% |
| Criterion 1 | Price | 35% |
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Open procedure
Special regime
Light touch
Contracting authority
Commercial Property Management
- Public Procurement Organisation Number: PCLC-2366-MYPY
305 Grays Inn Road
London
WC1X 8QR
United Kingdom
Region: UKI31 - Camden and City of London
Organisation type: Public undertaking (commercial organisation subject to public authority oversight)