South Thamesmead Phases 2 and 3 Joint Venture Partnership
A Tender Notice
by PEABODY TRUST
- Source
- Find a Tender
- Type
- Contract (Works)
- Duration
- 10 year
- Value
- £300M
- Sector
- CONSTRUCTION
- Published
- 17 Nov 2021
- Delivery
- To 29 Oct 2031 (est.)
- Deadline
- 20 Dec 2021 12:00
Concepts
Location
Outer London – South
1 buyer
- Peabody Trust London
Description
Peabody is seeking to establish a 50:50 joint venture (‘JV’) between Peabody and a private sector partner (‘PSP’) to deliver phases 2 and 3 of the South Thamesmead regeneration project, at Harrow Manorway, near Abbey Wood, SE2 9LH (the ‘Development Site’). The Development Site totals circa 3.1 hectares (7.7 acres) split between a northern plot (Phase 2, c 1.7 ha (4.6 ac)) and southern plot (Phase 3, c 1.2 ha (3.1 ac)).
Total Quantity or Scope
50:50 joint venture (‘JV’) between Peabody and a private sector partner (‘PSP’) to deliver phases 2 and 3 of the South Thamesmead regeneration project. It is anticipated that the PSP will provide finance, and development management and sales & marketing services to the JV, and may provide construction services. In total the Development Site is estimated to have capacity for c 730 homes and c 1,000 square foot of community space (the latter assumed to be delivered in Phase 2). Phase 2 benefits from an outline planning consent for delivery of up to 329 homes and up to 1,050 square metres of commercial floorspace (London Borough of Bexley ref. 16/01287/OUTM). Recent scheme testing estimates capacity for Phase 3 at c 400 homes. Phase 3 is part of a separate outline application currently being determined by the local planning authority, across a wider area, for up to 1,950 homes and 3,225 square metres of commercial floorspace (ref. 21/01948/OUTEA). Continued at section III 1.1) Additional information: The estimated values in II.1.5, II.2.4 and II.2.6 represent the potential commercial value of the development. However, potential returns will depend on many commercial factors including (but not limited to) the performance of the developer and market conditions. Bidders should seek independent legal and commercial advice in relation to the potential value of the opportunity and overall scheme.
CPV Codes
- 45210000 - Building construction work
- 45211000 - Construction work for multi-dwelling buildings and individual houses
- 45211340 - Multi-dwelling buildings construction work
- 45211350 - Multi-functional buildings construction work
- 90500000 - Refuse and waste related services
- 77314000 - Grounds maintenance services
- 79714000 - Surveillance services
- 79713000 - Guard services
- 79710000 - Security services
- 79711000 - Alarm-monitoring services
- 90911100 - Accommodation cleaning services
- 90911200 - Building-cleaning services
- 45000000 - Construction work
- 45211100 - Construction work for houses
- 45211341 - Flats construction work
- 45213312 - Car park building construction work
- 45223310 - Underground car park construction work
- 71421000 - Landscape gardening services
- 45231221 - Gas supply mains construction work
- 45230000 - Construction work for pipelines, communication and power lines, for highways, roads, airfields and railways; flatwork
- 45231000 - Construction work for pipelines, communication and power lines
- 45231100 - General construction work for pipelines
- 45231300 - Construction work for water and sewage pipelines
- 45111000 - Demolition, site preparation and clearance work
- 45231223 - Gas distribution ancillary work
- 70000000 - Real estate services
- 70110000 - Development services of real estate
- 70111000 - Development of residential real estate
- 50700000 - Repair and maintenance services of building installations
- 50710000 - Repair and maintenance services of electrical and mechanical building installations
- 45259300 - Heating-plant repair and maintenance work
- 45331000 - Heating, ventilation and air-conditioning installation work
- 45330000 - Plumbing and sanitary works
- 71247000 - Supervision of building work
- 45233100 - Construction work for highways, roads
- 45233130 - Construction work for highways
Indicators
- This is a one-off contract (no recurrence)
- Professional qualifications are sought.
Other Information
** PREVIEW NOTICE, please check Find a Tender for full details. ** The Concession Contracts Regulation 2016 (CCR 2016) applies to the competition. The Authority intends to follow a process similar to the Competitive Dialogue procedure described in the Public Contracts Regulations 2015 (as amended) (PCR 2015). However, it reserves the right to deviate from the formalities of the PCR 2015 in conducting the competition due to the flexibilities permitted by the CCR 2016. Final award criteria and further procurement documents will be provided at the commencement of the competitive dialogue stages to bidders that are shortlisted to participate. The Authority reserves the right not to award the opportunity or to award only part (or a different arrangement) of the opportunity described in this concession notice. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Building-construction-work... To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/2ND68B5HZ8 GO Reference: GO-20211116-PRO-19245025
Reference
- ocds-h6vhtk-02f760
- FTS 028657-2021