Scope of works
The award of this office tenancy contract through a Single Tender route is considered appropriate and justified due to the nature of the requirement, being a renewal of an existing office tenancy rather than the procurement of a new or replaceable service. The current premises are already fully operational, strategically located, and fit for purpose, supporting the day‑to‑day activities of the business without disruption. Relocating to an alternative premises would involve significant operational, financial, and timing impacts, including lease exit costs, fit‑out expenses, downtime, and potential business disruption. As a result, the incumbent landlord is the only viable supplier capable of meeting the requirement within the required timeframe.
- Type
- Contract award
- Contract Award
- Sector
- Banking, Finance & Insurance
- Procedure
- Below threshold - without competition
- Classification
- Not published at source
- Original notice
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