Tender

Procurement of a Joint Venture partner to undertake the development of Turweston Road, Brackley

CATALYST HOUSING LIMITED

This public procurement record has 1 release in its history.

Tender

14 Jan 2022 at 18:05

Tender Notice
Summary of the contracting process

The public procurement process is being conducted by Catalyst Housing Limited for the title "Procurement of a Joint Venture partner to undertake the development of Turweston Road, Brackley." This initiative, classified under the construction industry, is located in the South East region of the United Kingdom. Currently at the tender stage, the process follows a selective procurement method using a competitive dialogue. The tender period is set to conclude on 14th February 2022, with the contract period expected to run from 1st September 2022 until 30th September 2027. The value of the project is estimated at £90 million.

This tender presents significant opportunities for private sector developers seeking to engage in large-scale construction projects, particularly those with experience in joint ventures and a strong capability in optimising commercial returns. Businesses that specialise in residential development, phased construction, and property marketing would be particularly well-suited to compete for this partnership, as they would need to collaborate closely with Catalyst Housing Limited to deliver and manage the project effectively.

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Notice Information

Notice Title

Procurement of a Joint Venture partner to undertake the development of Turweston Road, Brackley

Notice Description

Catalyst Housing Limited (CHL) is the owner of development land at Turweston Road, Brackley with detailed consent for 350 residential units and is now seeking to appoint a private sector developer partner to form a corporate LLP joint venture (JV) vehicle on a 50:50 basis to develop Turweston Road. Selection of a JV partner will be undertaken under the Lean Competitive Dialogue Procedure. Bringing investment and expertise across the development process, the JV partner will work in JV with CHL to optimise post planning design, undertake phased construction of the resulting scheme and market and sell the private sale units delivered. All intermediate and affordable units delivered will be acquired from the JV by CHL at an appropriate market rate. In terms of the best partner therefore, while JV experience is valuable, key is the ability to bring expertise to bear to maximise commercial returns through delivery of an optimised scheme.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e535abe3-ed12-4c11-9c7c-0bfa95278307
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7c276c26-a36f-4451-945a-d6e92ef9f358
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Selective
Procurement Method Details
Competitive dialog
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

CPV Codes

45000000 - Construction work

Notice Value(s)

Tender Value
£90,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jan 20224 years ago
Submission Deadline
14 Feb 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Aug 2022 - 30 Sep 2027 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
CATALYST HOUSING LIMITED
Contact Name
Not specified
Contact Email
rupert.burstein@arcadis.com
Contact Phone
+442088323116

Buyer Location

Locality
LONDON
Postcode
W5 2AU
Post Town
West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI7 Outer London - West and North West
Small Region (ITL 3)
TLI73 Ealing
Delivery Location
TLJ South East (England)
Local Authority
Ealing
Electoral Ward
Ealing Broadway
Westminster Constituency
Ealing Central and Acton

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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