Contract award · 8 Jan 2025

Lease renewal negotiations

The Crown Estate awarded “Lease renewal negotiations” to August Real Estate Asset Management Limited for £35,000. Awarded without open competition.

No competitionReal estate servicesLondon

Awarded without open competition

Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.

What “without competition” means

Key facts

Buyer
The Crown Estate · Public Corporation
Value
£35,000
Procedure
Single tender action (below threshold)
Sector
Real estate services · Development services of real estate (CPV 70110000)
Region
London
Timeline
  1. Contract date8 Jan 2025
  2. Published5 Mar 2025Published 56 days after the contract date

Description

Lease renewal negotiations

About the supplier

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