To appoint JNA Property Ltd on a Low value contract to undertake outstanding rent reviews and other lease negotiations in respect of the Commercial and Investment property portfolio.
Rent reviews and lease renewals are either currently outstanding or will become due prior to the award of a new longer-term contract for Estate Professional Services to be procured later in 2026. It had been hoped the most recent provider of these services to the Council would be able to agree an extension of their original contract to deal with the identified cases whilst the longer-term procurement process was running, but due to changes to their own business model, this has not been possible.
Delaying the implementation of these for inclusion within the longer-term contract will delay the receipt of enhanced income to the council and result in some tenants falling into rent arrears.
The quote provided by JNA has been benchmarked favourably against prices quoted by other providers within relevant frameworks and for a similar portfolio of work procured in 2025 following competitive tendering.
JNA Property have held previous contracts to provide these services to the council and so have recent detailed knowledge of several of the properties, the locations and relevant markets.
The appointment of JNA Property is therefore more likely to achieve a speedier resolution than another provider so minimizing the delay in the council receiving enhanced rents and additional backdated rent debt being accrued by tenants