Scope
Reference
DN788870
Description
The Health and Safety Property Management service is required for maintaining safety and compliance which has become more crucial in order to meet new safety requirements under the Building Safety Act 2023. It is essential to address compliance risks and protect tenants and residents.
Contract 1. Health and Safety Property Management services on common parts and vacant units
Supplier
Contract value
- £250,000 excluding VAT
- £300,000 including VAT
Above the relevant threshold
Earliest date the contract will be signed
3 November 2025
Contract dates (estimated)
- 3 November 2025 to 4 September 2028
- 2 years, 10 months, 2 days
Main procurement category
Services
CPV classifications
- 50700000 - Repair and maintenance services of building installations
- 70330000 - Property management services of real estate on a fee or contract basis
- 79993000 - Building and facilities management services
Contract locations
- UKI41 - Hackney and Newham
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Direct award
Direct award justification
Extreme and unavoidable urgency
The current contract for property management services, which has been successfully managed by Regent Property Management Ltd, requires an extension to ensure compliance with the new safety requirements under the Building Safety Act 2023.
The decision to extend this contract via a direct award is permissible because:
Continuity of Service: The extension ensures continuous management of the properties and avoids a significant delay in meeting new statutory requirements. A change of supplier at this time would create a disproportionate risk of technical difficulties, as a new provider would need time to familiarise themselves with the existing properties, tenants, and systems.
Legal Compliance: The extension is essential to address compliance risks and protect the safety and well-being of tenants and residents, which is a statutory duty of the Council.
Value for Money: This direct award ensures value for money by maintaining a competitively priced service from a proven provider, as demonstrated by benchmarking against the wider market.
Supplier
REGENT LETTING AND PROPERTY MANAGEMENT LIMITED
- Companies House: 08034853
Broadwall House 21 Broadwall
London
SE1 9PL
United Kingdom
Email: info@regent-property.com
Region: UKI44 - Lewisham and Southwark
Contract 1. Health and Safety Property Management services on common parts and vacant units
Contracting authority
London Borough of Hackney
- Public Procurement Organisation Number: PRZC-5592-DDDV
Hackney Service Centre
London
E8 1DY
United Kingdom
Region: UKI41 - Hackney and Newham
Organisation type: Public authority - sub-central government