Award

75 Bugsby's Way, Multi-Level Industrial Development and Disposal

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

AwardUpdate

24 Aug 2022 at 11:10

Award Notice
Award

30 Dec 2021 at 09:25

Award Notice
Summary of the contracting process

Transport for London has awarded a contract for the project "75 Bugsby's Way, Multi-Level Industrial Development and Disposal" to Cushman and Wakefield Debenham Tie Leung Limited. The procurement process involved a selective method with a tender period ending on May 24, 2021. The contract period spans from June 7, 2021, to October 31, 2022. This opportunity falls under the real estate services category with a total value of 106,386 GBP. The project aims to deliver an innovative multi-level industrial facility in London, offering sustainability and catering to strategic and local demand.

This contract presents a lucrative opportunity for SMEs and real estate service providers to engage with Transport for London in developing a pioneering industrial building at 75 Bugsby's Way. The project's focus on sustainability, good design, and employee welfare makes it suitable for businesses versed in innovative construction and architectural practices. The partnership between GLAP and industry experts seeks to deliver a model of industrial development that aligns with London's urban planning priorities, paving the way for potential growth and collaboration in the real estate and construction sectors.

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Notice Information

Notice Title

75 Bugsby's Way, Multi-Level Industrial Development and Disposal

Notice Description

This variation is being undertaken to accommodate a change in the estimated fee for Phase 2 submitted at tender stage. GLA Land and Property is using its assets to deliver on the Mayor's priorities within the new London Plan. The site, 75 Bugsby's Way, has been identified as a suitable site for industrial intensification, as per policy E7 of the new London Plan. The detailed objectives are to: - Deliver an exemplar, innovative and forward-thinking multi-level industrial facility that offers the highest levels of sustainability in its construction and operation; - Demonstrate good design, and high-quality architectural approaches that are mindful to its surrounding context; - Offer a resilient building, with a range of unit sizes to cater for strategic and local demand; including space for logistics and SME occupiers; and - Prioritise employee welfare in this next generation of industrial building. GLAP wants to partner with an industrial development expert to bring forward this multi-level building. As one of London's first multi-level industrial facilities, a strong public/private partnership will mitigate risk for both parties and ensure the relevant expertise is on-board to deliver an exemplar, innovative and successful model of industrial development for London. GLAP has a range of investment approaches and can be flexible in the way it can be involved in the partnership, from an investment (capital or revenue-based) and occupational perspective (e.g. head lease). GLAP needs to make a commercial return through the partnership. As part of the services the Consultant shall be required to: 1. Undertake structured market testing to determine the procurement route and delivery strategy: and 2. Support the GLA to dispose of 75 Bugsby's Way.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-380574b5-dddb-4cb8-9dff-f8dbeeeafdd1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7e000b51-2c48-45e5-83f7-a23f9cb8fe75
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£153,642 £100K-£500K
Lots Value
Not specified
Awards Value
£153,642 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Aug 20223 years ago
Submission Deadline
23 May 2021Expired
Future Notice Date
Not specified
Award Date
23 May 20214 years ago
Contract Period
6 Jun 2021 - 31 Oct 2022 1-2 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
TRANSPORT FOR LONDON
Contact Name
Not specified
Contact Email
commercialcoe@tfl.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E16 1ZE
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London
Local Authority
Newham
Electoral Ward
Royal Victoria
Westminster Constituency
West Ham and Beckton

Supplier Information

Number of Suppliers
1
Supplier Name

CUSHMAN AND WAKEFIELD DEBENHAM TIE LEUNG

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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