Opportunity Overview
Princes Exchange is a multi-tenanted, Grade A commercial office building currently undergoing refurbishment and, on completion, is expected to provide approximately 94,000 sq. ft. of modern office accommodation across multiple floors. The building will comprise a mix of rail occupier space and commercial office accommodation, supported by shared amenities including reception, business lounge and café facilities.
Through this PME, Network Rail is seeking to engage with the supply market to better understand market capability, delivery models and commercial approaches for managing agent and estate management services within a comparable multi-tenant commercial office environment.
The potential scope of services may include, but is not limited to:
• Property and estate management services
• Tenant and occupier engagement and relationship management
• Facilities management coordination, including oversight of hard and soft FM services delivered by third-party providers
• Supplier and contract management, including management of third-party service providers
• Service charge administration, budgeting and financial reporting
• Health, safety and statutory compliance management
• Performance monitoring, reporting and governance
The appointed managing agent (subject to any future procurement) would be expected to act on behalf of Network Rail in delivering the day-to-day operational management of the building, ensuring it is managed safely, efficiently and in compliance with all relevant statutory and regulatory requirements, while delivering a high-quality occupier experience.
The services relate to the provision of managing agent and estate management functions. Delivery of operational facilities management services (including, but not limited to,...
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Start FreeSolicitation Details
| Issuing agency | Network Rail Infrastructure Limited |
|---|---|
| Country | United Kingdom |
| Category | Government Procurement |
| Estimated value | $825,500 |
| Published | April 21, 2026 |
| Procurement stage | Request for Proposal (RFP) |
| Closed | April 21, 2026 |
| Status | Closed — no longer accepting responses |
| Official source | View original notice |
| Last verified | August 12, 2026 |
Contains public sector information licensed under the Open Government Licence v3.0. Source: UK Government (Find a Tender).
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