Under ConstructionConstruction

676_25 Total Facilities Management

Greater London

Project Description

This framework provides a national solution that offers customers a route to market for a complete facilities management service comprising of hard and/or soft FM services depending on each individual customer requirement. The framework is split into the following Lots depending on the annual contract value for each customer contract: • Lot 1 - Annual Customer Contract Value of £0 - £999,999 • Lot 2 - Annual Customer Contract Value of £1,000,000 - £4,999,999 • Lot 3 - Annual Customer Contract Value of £5,000,000 and above The framework agreement has the option to extend for up to a further 24 months. The total estimated value stated includes the option period. ESPO shall monitor the financial stability of the awarded suppliers during the period of the framework agreement by reference to credit rating agency reports. ESPO shall obtain a credit score for the supplier on or before the framework start date as a base score and where a significant change in the credit score is identified over the life of the Framework Agreement, ESPO reserves the right to investigate the reasons for this significant change. Depending on the severity of the changes, it will be at the sole discretion of ESPO to suspend or even permanently remove the Supplier from the Framework Agreement.