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Awarded United Kingdom Services

Management of Churchgate Shopping Centre, Hitchin, Hertfordshire

Buyer: North Hertfordshire District Council

Published
16 January 2025
Estimated value
£235,000
Place of performance
Hitchin, Hertfordshire, UKH
Procedure
Direct award
Lots
1
Notice number
001557-2025
Reference
ocds-h6vhtk-04d3d7
Official source
Official source

CPV codes

Description

North Hertfordshire District Council (the "Council") owns Churchgate Shopping Centre in Hitchin, Hertfordshire, and recently conducted a re-tendering process for its management. The contract encompasses the day-to-day management of 33 lettings, ensuring tenant compliance with lease covenants, property inspections, repair and maintenance coordination, health and safety compliance, rent reviews, lease renewals, new lettings, and service charge administration. The centre is earmarked for long-term redevelopment, adding strategic considerations to its management. At the outset of the tender process, the Council estimated the contract value at £200,000 over a 5-year term. This estimate, provided in good faith, reflected the most accurate forecast available and positioned the procurement below the threshold for compliance with the Public Contracts Regulations 2015 (PCR 2015). Accordingly, the opportunity was advertised on Contracts Finder, and three bids were received from qualified suppliers. Following a rigorous evaluation in line with the published criteria, Praxis Real Estate was identified as the successful bidder with a proposed contract value of £282,000 (inclusive of VAT). A stan…

Awards

Awarded toAmountDate
Praxis Real Estate £235,000 —

Official publications

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Frequently asked questions

What is the estimated value of this tender?
The estimated value published by the buyer is £235,000.
Who is the buyer of this tender?
The contracting authority is North Hertfordshire District Council (United Kingdom).
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Data collected from official public procurement sources. Amounts as published by the buyer.