Tender

75 Bugsby's Way, London, SE10 0QJ

GLA LAND AND PROPERTY LIMITED

This public procurement record has 3 releases in its history.

Tender

12 Oct 2022 at 08:43

Tender

04 Oct 2022 at 11:24

Tender

04 Oct 2022 at 11:22

Summary of the contracting process

The Greater London Authority Land and Property (GLAP) is seeking a developer for the regeneration of 75 Bugsby's Way, a 3.38-acre industrial site on the Greenwich Peninsula in London. The procurement aims to develop a multi-level industrial/logistics scheme with innovative façade design and sustainability features. The procurement is currently at the tender stage, with a deadline of November 1, 2022, for submissions.

This tender offers business growth opportunities for developers with expertise in construction works, architectural, engineering services, and industrial development. Companies with experience in negotiating leasehold agreements, designing multi-storey buildings, and finding tenants for industrial spaces would be well-suited to compete. The contract period for this procurement project spans from June 23, 2023, to June 22, 2030, providing a long-term opportunity for successful developers to generate returns and contribute to local economic development.

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Notice Title

75 Bugsby's Way, London, SE10 0QJ

Notice Description

75 Bugsby's Way is a 3.38- acre industrial site on the Greenwich Peninsula, with excellent links to central London and from the M25. It is owned by Greater London Authority Land and Property (GLAP). The site has significant potential for intensive industrial/logistics development that is expected to attract a variety of businesses and provide employment opportunities to the local community. The GLA is undertaking a procurement for the development of this site as part of the Mayor's plans to regenerate the Greenwich Peninsula. The successful developer will negotiate a 250-year leasehold to the land and enter into an agreement with GLAP to design, develop and build a new multi-storey industrial development. The successful developer will then need to find tenants to generate a return. Additional information: The key objectives of the procurement include: The development of a multi-level industrial/logistics scheme with a wide range of unit sizes/types, including SME space; The production of a facade design that is reflective of the innovative nature of the building; sustainability, both during and after construction; achieving commercial value for the site; and meeting prospective occupiers' demands; achieving local economic development benefits The successful developer will own a 250-year leasehold to the land and enter into an agreement with GLAP to design, develop, and build a multi-storey industrial/logistics development. Responsibility for attaining planning consent will lie with the successful developer.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bbf4f043-9c78-477a-b5e1-b87bd9fe3376
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6432fd85-ef65-4484-b7e8-99112d2685c7
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

71 - Architectural, construction, engineering and inspection services


CPV Codes

45000000 - Construction work

71000000 - Architectural, construction, engineering and inspection services

Notice Value(s)

Tender Value
£106,943,267 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Oct 20223 years ago
Submission Deadline
1 Nov 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
22 Jun 2023 - 22 Jun 2030 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
GLA LAND AND PROPERTY LIMITED
Contact Name
Delphina Jones
Contact Email
v_delphinajones@tfl.gov.uk
Contact Phone
+44 7872496536

Buyer Location

Locality
LONDON
Postcode
SE1 8NJ
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
Not specified

Local Authority
Southwark
Electoral Ward
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

Further Information

Notice Documents

Notice URLs

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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