Foreign Commonwealth and Development Office · Awarded contract

Awarded

Global Estate Asset Valuation Services for FCDO

Awarded 14 Jun 2023

View live tenders

Awarded14 Jun 2023

Value£3,319,000.00

SupplierKnight Frank LLP,Colliers International Property Consultants Ltd

AgencyForeign Commonwealth and Development Office

RegionUnited Kingdom

CategoryConsultancy & Legal

Expires in 1y 7mo5y term, 68% elapsed

Awarded 14 June 2023Expires 13 June 2028

About

The Foreign, Commonwealth and Development Office (FCDO) awarded contracts to Knight Frank LLP and Colliers International Property Consultants Ltd for the provision of Global Estate Asset Valuation Services to meet financial reporting requirements under IFRS.

The procurement was divided into three geographical lots: Lot 1 (Africa) awarded to Knight Frank LLP on 15 June 2023 for £780,000; Lot 2 (Asia Pacific, South Asia and Afghanistan) awarded to Colliers International Property Consultants Limited on 4 July 2023 for £1,359,000; and Lot 3 (Americas) awarded to Knight Frank LLP on 15 June 2023 for £1,180,000.

Each contract is for an initial 5-year period with an option to extend for up to a further 2 years.

The total contract value is approximately AUD 3,319,000.

The FCDO estate comprises embassies, high commissions, visa offices, residences, and legacy properties across over 280 locations worldwide.

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