Award

Thamesmead Waterfront Development

PEABODY

This public procurement record has 1 release in its history.

Award

03 Nov 2019 at 07:10

Award Notice
Summary of the contracting process

The Peabody Trust is seeking a strategic investment and development partner for the Thamesmead Waterfront Development, aimed at regenerating the Thamesmead area in South East London. This project, classified under 'Urban development construction work', has an estimated value of £3.5 billion. The procurement process has reached the Award stage, with the winning bid submitted by Lendlease Europe Holdings Limited, and the contract period runs from 21st October 2019 to 20th October 2059. The tender period concluded on 9th February 2018, indicating a lengthy and comprehensive planning phase prior to the award.

This significant project offers a wealth of opportunities for businesses in construction, project management, and urban development sectors, particularly those able to provide strategic advice, investment, and construction management services. Companies specialising in community engagement, design, and infrastructure can also find valuable opportunities. Given the scale of the project, larger firms may find themselves better positioned, though innovative mid-sized companies could thrive by bringing unique expertise and approaches to the forefront of this transformative initiative.

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Notice Information

Notice Title

Thamesmead Waterfront Development

Notice Description

Peabody Trust ("Peabody") is seeking a strategic investment and development partner for the regeneration of the area known as Thamesmead Waterfront in South East London ("Site"). The Site has the potential to deliver 11,500 new homes, a rejuvenated town centre with retail, commercial, leisure and educational facilities as part of a comprehensive redevelopment. The partner's role will involve: providing or securing investment; providing strategic advice in relation to the overarching business plan, the masterplan and physical infrastructure; place-making and design services; development delivery, project management, construction management and procurement services; stakeholder engagement and consultation services; advice in relation to the long-term management of the Site; and advice on the marketing and disposal of development parcels. The opportunity may also involve managing developed assets held by the JV partnership and/or by Peabody to generate income streams.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1bfd0385-f67f-406a-9528-65a08608b06d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2224cf6d-70b7-4ab2-aea8-2f944467fcb3
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

CPV Codes

45211360 - Urban development construction work

Notice Value(s)

Tender Value
£3,500,000,000 £1B-£10B
Lots Value
Not specified
Awards Value
£8,000,000,000 £1B-£10B
Contracts Value
Not specified

Notice Dates

Publication Date
3 Nov 20196 years ago
Submission Deadline
9 Feb 2018Expired
Future Notice Date
Not specified
Award Date
24 Sep 20196 years ago
Contract Period
20 Oct 2019 - 20 Oct 2059 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
PEABODY
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
SE1 7JB
Post Town
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI London
Local Authority
Southwark
Electoral Ward
St George's
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

LENDLEASE EUROPE HOLDINGS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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