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Provision of Retail Estate Management Services

Awarded
ocds-h6vhtk-06995fInternational

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

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First Rail Holdings is procuring retail estate management services on behalf of First Trenitalia West Coast Rail to increase rental income and improve customer service through capital and tenant investment. The scope covers 16 directly managed stations, including all buildings, car parks, and land containing a mix of retail, office, residential, and community tenancies. Notably, the management of commercial advertising and station car parking is excluded from this strategy. The contract is set for an initial three year term with a possible one year extension, with an estimated total value of 1.1 million pounds over four years. The current estate generates approximately 4.7 million pounds in rental income. The successful supplier must enter into an Umbrella Direct Agreement with the Secretary of State, and the procurement is subject to TUPE regulations.

General Info

First Rail Holdings seeks retail estate management for 16 stations, valued at 1.1M pounds.

Agency

First Trenitalia West Coast Rail LimitedView Agency

Contract Value

$0

NAICS

531312 - Nonresidential Property ManagersView NAICS

Place of Performance

Not specified

Set-Aside

NONE

Awardee

AMEY TPTView Profile

Award Issued Date

Documents

(1)

087478-2026.pdf

PDF

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Timeline

PhaseAwarded
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Organization & Contact Information

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AgencyFirst Trenitalia West Coast Rail Limited
Contacts1 person available
OfficeN/A
Organization / Agency
First Trenitalia West Coast Rail Limited
View Agency Profile
Office AddressN/A
Contacts
contact@example.gov

Full Description

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This procurement is being run by First Rail Holdings on behalf of First Trenitalia West Coast Rail. To drive and deliver higher rental income return through: -Increasing the rent roll -Customer service improvements through capital and tenant investment. The estate comprises of 16 directly managed stations and encompasses all property within the leases. This includes station buildings, car parks, and other land and property. The properties provide a broad mix of retail, office, residential, community, and other commercial tenancies held on a mixture of leases and licences. The management of station car parking and commercial advertising is not included as part of this procurement strategy. The new contract will be for an initial 3-year term with an option to extend for a further year. The estate is currently generating a rental income of approximately £4.7m. It is estimated that a new contract value will be in the region of £1,100,000 for a full 4-year term. Please note that TUPE applies to this procurement. The successful Supplier will be required to enter an Umbrella Direct Agreement (UDA) with the Secretary of State.

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