Section one: Contracting authority/entity
one.1) Name and addresses
Financial Conduct Authority
12 Endeavour Square
London
E20 1JN
Telephone
+44 2070661000
Country
United Kingdom
Region code
UK - United Kingdom
Internet address(es)
Main address
Buyer's address
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Property Consultancy Services
Reference number
CON-20-013
two.1.2) Main CPV code
- 70000000 - Real estate services
two.1.3) Type of contract
Services
two.2) Description
two.2.1) Title
CON-20-013 Property Consultancy Services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
Main site or place of performance
UNITED KINGDOM
two.2.4) Description of the procurement at the time of conclusion of the contract:
The FCA requires a property consultancy provider to act as principal property advisers to the FCA by providing high quality advice as and when required.
two.2.7) Duration of the contract, framework agreement, dynamic purchasing system or concession
Duration in months
48
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section five. Award of contract/concession
Contract No
CON-20-013
Title
Property Consultancy
five.2) Award of contract/concession
five.2.1) Date of conclusion of the contract/concession award decision:
20 May 2021
five.2.2) Information about tenders
The contract/concession has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor/concessionaire
Gerald Eve LLP
72 Welbeck Street
London
W1G 0AY
Country
United Kingdom
NUTS code
- UK - United Kingdom
National registration number
OC339470
The contractor/concessionaire is an SME
No
five.2.4) Information on value of the contract/lot/concession (at the time of conclusion of the contract;excluding VAT)
Total value of the procurement: £800,000
Section six. Complementary information
six.3) Additional information
Call Off contract under Lot 1 (National) of CCS Framework Agreement for the provision of Estates professional services RM3816. Original Contrtactsfinder notice: https://www.contractsfinder.service.gov.uk/notice/4fc968c7-f351-4c41-923c-25f77088cb4d?origin=SearchResults&p=1
To view this notice, please click here:
https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=837540446" target="_blank">https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=837540446
GO Reference: GO-2024219-PRO-25254047
six.4) Procedures for review
six.4.1) Review body
Financial Conduct Authority
12 Endeavor Square
London
E20 1JN
Country
United Kingdom
Section seven: Modifications to the contract/concession
seven.1) Description of the procurement after the modifications
seven.1.1) Main CPV code
- 70000000 - Real estate services
seven.1.3) Place of performance
NUTS code
- UK - United Kingdom
Main site or place of performance
UNITED KINGDOM
seven.1.4) Description of the procurement:
The FCA requires a property consultancy provider to act as principal property advisers to the FCA by providing high quality advice as and when required.
seven.1.5) Duration of the contract, framework agreement, dynamic purchasing system or concession
Duration in months
48
seven.1.6) Information on value of the contract/lot/concession (excluding VAT)
Total value of the contract/lot/concession:
£800,000
seven.1.7) Name and address of the contractor/concessionaire
Gerald Eve LLP
72 Welbeck Street
London
W1G 0AY
Country
United Kingdom
NUTS code
- UK - United Kingdom
National registration number
OC339470
The contractor/concessionaire is an SME
No
seven.2) Information about modifications
seven.2.1) Description of the modifications
Nature and extent of the modifications (with indication of possible earlier changes to the contract):
Increase in the value of £400,000 to cover services in flight.
seven.2.2) Reasons for modification
Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee.
Description of the circumstances which rendered the modification necessary and explanation of the unforeseen nature of these circumstances:
Due to the changes in the working model and reduced office occupancy, a decision was made to sub-let part of the premises for efficiency, resulting in an increased requirement for property consultancy services which could not have been foreseen at the time the contract was let.
seven.2.3) Increase in price
Updated total contract value before the modifications (taking into account possible earlier contract modifications, price adaptions and average inflation)
Value excluding VAT: £400,000
Total contract value after the modifications
Value excluding VAT: £1,200,000