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| Source: | Contracts Finder |
| Notice Type: | Award notice |
| Buyer: | Ministry of Justice |
| Main Category: | Services |
| Procurement Method: | Call-off from a framework agreement |
| Tender Status: | Closed |
| Estimated Value (ex. VAT): | £9,052,204 |
Pipeline status
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Application Deadline
27 June 2024
Closed
Estimated Value
£9,052,204
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Book a free consultation →| Release Date: | 17 January 2025 |
| Application Deadline: | 27 June 2024 |
| Contract Start Date: | 1 March 2025 |
| Contract End Date: | 28 February 2029 |
| Contract Duration: | 4.1 years |
| Procurement ID (OCID): | ocds-b5fd17-5e19cf28-8e3c-474d-8ebf-d2ad76e28f64 |
| Notice Reference: | a3dfa07b-2266-4e7e-afb4-a1cc1027f2d4-818017 |
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Awarded to
| Award value: | £9,052,204 |
| Award decision date: | 18 December 2024 |
| Award status: | Active |
EPS encompasses activities related to the oversight and control of real estate and covers a diverse range of services. Service requirements comprise of two categories: core and non-core. Core services are those that have a foreseeable demand which is driven by the size and nature of the estate. These services are to be delivered by the supplier, unless relevant exceptions apply, such as conflicts of interest. These services include but are not limited to general estate duties, property management, asset management, data management and reporting and financial services/ treasury function. The non-core services are those that are required on an ad-hoc demand basis and are typically driven by individual project requirements. The supplier will be instructed to deliver these services, as and when required. These services include but are not limited to valuations, rent reviews, disposals, acquisitions, dilapidations, and specialist advice. The contract is for an initial 4 year term, with the option to extend for a period of up to two years. The value associated with this contract is for the maximum contract term (4+2 years) and covers both the core and non-core service elements.
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