Tender

Tolworth Phase 2 - Delivery Partner to form a Joint Venture

THE GUINNESS PARTNERSHIP LTD

This public procurement record has 1 release in its history.

Tender

21 May 2021 at 13:43

Tender Notice
Summary of the contracting process

The Guinness Partnership Ltd is currently conducting a tender process for "Tolworth Phase 2 - Delivery Partner to form a Joint Venture," which aims to secure a partner for the investment and expertise needed to deliver the remaining phases of a residential development in London, UK. The procurement is at the tender stage, with critical deadlines including the end date for submissions set for 25 June 2021. The estimated value of the contract is £180 million, and it encompasses construction work related to the development of over 700 new homes, along with facilities such as a nursery and public open space.

This tender presents substantial opportunities for construction firms and property development companies looking to expand their reach. Businesses that specialise in large-scale residential projects, joint venture formations, or those with expertise in collaborative construction efforts would find this tender particularly suited to their capabilities. The competitive nature of the procurement method—selective through a negotiated procedure—suggests a strategic partnership potential that could enhance a company's portfolio and market presence.

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Notice Information

Notice Title

Tolworth Phase 2 - Delivery Partner to form a Joint Venture

Notice Description

In August 2019, Guinness Partnership acquired the 4.4ha site known as King George Gate, with detailed planning permission for the construction of 211 new homes (phase 1) and outline planning permission to construct 739 new homes (remaining phases) with provision for a nursery, restaurant / cafe, a new bus driver facility and bus stop, car and cycle parking. The scheme also has provision for areas of public open space play facilities hard and soft landscaping public realm works and an energy centre. The Guinness Partnership is seeking to appoint a partner to form a joint venture vehicle to secure investment and expertise to deliver the remaining phases of the 2019 approved outline planning permission under a competitive procedure. It is envisaged that Guinness Development Ltd (a wholly owned subsidiary of TGP) will enter into a joint venture agreement with the selective joint venture partner for the establishment of a joint venture entity. Further details of the proposed legal structure of a joint venture arrangement are contained in the tender documents. The JV Partner must ensure that all Consultants, Sub-Consultant and Sub-Contractors who provide design input, enter into a Collateral Warranty for the benefit of the Authority, Purchasers and / or any other third party that Guinness Development see fit in an appropriate format. Additional information: Expressions of Interest and access to the tender documents is through the Proactis Housing Procurement Portal https://procontract.due-north.com/register Applicants are required to complete and submit the questionnaires available on the Proactis Housing Procurement portal https://procontract.due-north.com/register

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-174a5020-2e0b-454f-b0bc-2226031300df
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ca6acb96-3bdb-462d-a2f1-6491475a2eba
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

CPV Codes

45000000 - Construction work

Notice Value(s)

Tender Value
£180,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 May 20214 years ago
Submission Deadline
25 Jun 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
10 Jan 2022 - 10 Jan 2030 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE GUINNESS PARTNERSHIP LTD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
NW1 3FG
Post Town
North West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
TLI London
Local Authority
Camden
Electoral Ward
Regent's Park
Westminster Constituency
Holborn and St Pancras

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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