London Borough of Lambeth · Awarded contract
Awarded

Appointment of Savills UK Ltd as Strategic Asset Partner for Lambeth Housing Stock

Awarded 05 Jun 2022

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Awarded05 Jun 2022
Value£4,028,250.00
RegionLondon
CategoryConsultancy & Legal
Ended 1y 5mo ago3y term
Awarded 5 June 2022Expired 4 June 2025

London Borough of Lambeth awarded a contract to Savills UK Ltd for a total asset management solution for the Council's housing stock, integrating strategic asset management, stock condition surveying, investment planning, carbon reduction, compliance, disrepair, and procurement.

The contract, valued at £4,028,250, was procured through a competitive procedure with negotiation and is structured as a bespoke Consultants' Appointment incorporating standard council conditions.

The initial term is 3 years, with two options to extend by a further year each (3 + 1 + 1).

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