Preliminary Market Engagement - Refurbishment of Properties for Disposal – London and Hertfordshire
Buyer: Sovereign Network Group
- Published
- 24 April 2026
- Estimated value
- £11,225,000
- Place of performance
- UKI
- Lots
- 1
- Notice number
- 037639-2026
- Reference
- ocds-h6vhtk-068acd
- Official source
- Official source
CPV codes
- 45000000Construction work
- 45262690Refurbishment of run-down buildings
- 45453000Overhaul and refurbishment work
- 45453100Refurbishment work
Description
SNG is exploring options for the refurbishment of selected dilapidated residential properties prior to disposal on the open market across London and Hertfordshire. The objective is to improve property condition, maximise capital receipts, and achieve efficiencies through a scalable delivery model. An emerging option under consideration is the appointment of a Managing Contractor to oversee refurbishment works, with specialist works delivered by sub-contractors. This PME is intended to test the commercial and contractual viability of such approaches and to understand how risk, responsibility, and liability are commonly allocated within the market. The geographical scope of the anticipated works is relatively broad, with primary activity expected across North and West London and surrounding areas. The highest concentration of properties is currently anticipated within the London Borough of Brent, with additional activity likely in Westminster and Barnet. Coverage may also extend north into East Hertfordshire, alongside smaller volumes of work across other London boroughs where suitable opportunities arise. In terms of property type, the portfolio is expected to be predominantly Victo…
Official publications
- FTS · 037639-2026 · 24 April 2026
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £11,225,000.
- Who is the buyer of this tender?
- The contracting authority is Sovereign Network Group (United Kingdom).
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