Award

South Thamesmead Phases 2 and 3 Joint Venture Partnership

PEABODY TRUST

This public procurement record has 1 release in its history.

Award

16 Jan 2024 at 16:15

Summary of the contracting process

The Peabody Trust, a contracting authority located in London, has completed an award process for the "South Thamesmead Phases 2 and 3 Joint Venture Partnership" project in the building construction industry. The procurement method used was a selective process with a contract value of £300,000,000. The tender period ended on 9th August 2022, and the contract period is from 31st March 2023 to 30th June 2031.

This tender presents an opportunity for large-scale construction companies to partner with Peabody Trust in developing the South Thamesmead regeneration project. Businesses seeking growth in the construction sector should consider participating in this joint venture opportunity, aimed at delivering phases 2 and 3 of the project located near Abbey Wood in London.

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Notice Title

South Thamesmead Phases 2 and 3 Joint Venture Partnership

Notice 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)).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2f74eee6-371e-4159-9fcf-dcf9e9e9a161
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/aa680ecc-3786-4b6c-a260-31787a2a6240
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work


CPV Codes

45210000 - Building construction work

Notice Value(s)

Tender Value
£300,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£300,000,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jan 20242 years ago
Submission Deadline
8 Aug 2022Expired
Future Notice Date
Not specified
Award Date
8 Aug 20223 years ago
Contract Period
30 Mar 2023 - 30 Jun 2031 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
PEABODY TRUST
Contact Name
Not specified
Contact Email
kishore.senathirajah@peabody.org.uk
Contact Phone
+442038283630

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

LOVELL PARTNERSHIPS

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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