Tender

Borough Triangle, SE1

PEABODY TRUST

This public procurement record has 14 releases in its history.

TenderAmendment

20 Jan 2020 at 17:20

TenderAmendment

20 Jan 2020 at 17:20

TenderAmendment

20 Jan 2020 at 17:10

TenderAmendment

20 Jan 2020 at 17:10

TenderAmendment

20 Jan 2020 at 17:10

TenderAmendment

20 Jan 2020 at 17:10

TenderAmendment

20 Jan 2020 at 17:10

TenderAmendment

20 Jan 2020 at 17:01

TenderAmendment

20 Jan 2020 at 17:01

TenderAmendment

20 Jan 2020 at 17:00

TenderAmendment

20 Jan 2020 at 16:50

TenderAmendment

20 Jan 2020 at 16:50

TenderAmendment

20 Jan 2020 at 16:50

Tender

07 Jan 2020 at 10:00

Summary of the contracting process

The Peabody Trust is inviting tenders for the redevelopment of the Borough Triangle site in SE1, located in London, United Kingdom. The initiative aims to appoint a single development partner to collaborate on transforming a 2.3-acre brownfield site, previously used as a paper factory. This procurement, classified under the CPV code 70111000 for the development of residential real estate, is currently in the Tender stage with submissions due by 26th January 2020. The estimated contract value ranges from £80 million to £100 million, with a planned contract duration from 10th April 2020 to 9th April 2025.

Opportunities arise from this tender primarily for small and medium enterprises (SMEs) experienced in residential development and urban regeneration. Businesses capable of delivering comprehensive redevelopment projects, achieving planning consent swiftly, and ensuring affordability standards are crucial for this project. With a minimum target of 35% affordable housing, including at least 200 homes, the successful contractor will play a significant role in reshaping an urban block in a prime London location, thereby presenting substantial growth potential for qualified bidders.

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Notice Title

Borough Triangle, SE1

Notice Description

Text to be corrected in the original notice: Place of text to be modified: VI.3) Instead of: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. The contract value stated is an estimate, and should be viewed as between PS80million - PS100million. The contract duration is also indicative, and will ultimately depend on the nature of the bids that we eventually receive. Whilst we are not accepting variant bids, the Tender Documentation does ask for Bidders to provide pricing around two specified options. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Development-of-residential-real-estate./4CFE5JHD65 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/4CFE5JHD65 Read: The Contracting Authority/ies considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. The contract value stated is an estimate, and should be viewed as between PS80million - PS100million. The contract duration is also indicative, and will ultimately depend on the nature of the bids that we eventually receive. Whilst we are not accepting variant bids, the Tender Documentation does ask for Bidders to provide pricing around two specified options. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Development-of-residential-real-estate./4CFE5JHD65 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/4CFE5JHD65 Other additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. The contract value stated is an estimate, and should be viewed as between PS80million - PS100million. The contract duration is also indicative, and will ultimately depend on the nature of the bids that we eventually receive. Whilst we are not accepting variant bids, the Tender Documentation does ask for Bidders to provide pricing around two specified options. Peabody Group is seeking to appoint a single provider to act as a development partner to collaborate with this opportunity to redevelop a whole city block in Zone 1. A former paper factory, this 2.3-acre brownfield site is located in Newington Triangle, between Borough tube station and Elephant and Castle. Our objectives are as set out within the Tender Documentation.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-89529677-5d5c-4a8e-8ff0-80104797f64d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70111000 - Development of residential real estate

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jan 20206 years ago
Submission Deadline
26 Jan 2020Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
9 Apr 2020 - 9 Apr 2025 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
PEABODY TRUST
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

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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