Planning

WBC Town Hall Quarter - Development Partner Procurement

WATFORD BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Planning

02 Feb 2021 at 16:32

Summary of the contracting process

The Watford Borough Council is initiating a tender process titled "WBC Town Hall Quarter - Development Partner Procurement" for a significant urban development project in Watford, Hertfordshire. The procurement is currently in the planning stage, with an estimated contract value of £200 million. The main objective is to appoint a private sector partner to establish a joint venture aimed at delivering at least 300 new homes along with public space improvements. The council plans to formalise this partnership under a limited liability partnership (LLP) model to help realise the Town Hall Quarter's masterplan. The communication regarding this opportunity will develop further with a future notice expected shortly.

This tender presents substantial opportunities for businesses involved in construction, urban development, and public realm enhancements. Companies that specialise in residential-led development or have experience in forming joint ventures would be particularly well-suited to compete for this contract. By participating in this procurement, prospective partners can leverage the council's vision to create a thriving neighbourhood, thus positioning themselves favourably for future projects in the region, contributing to long-term growth and sustainability in the local infrastructure.

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Notice Title

WBC Town Hall Quarter - Development Partner Procurement

Notice Description

Watford Borough Council, as contracting authority, wishes to appoint a private sector partner with whom to establish an incorporated joint venture for a development opportunity forming part of the Town Hall Quarter programme.

Lot Information

Lot 1

The Council has recognised the potential of the area around the Town Hall to deliver an exciting, major regeneration programme. The Town Hall Quarter (THQ) programme will transform the area, securing a thriving new quarter with new homes, employment and public space, which will be underpinned by a revitalised creative, cultural and heritage offer. The Council will be looking for a joint venture partner to form a limited liability partnership (LLP) on a 50/50 basis. Whilst the joint venture LLP will not deliver all the THQ objectives it is expected to play a vital role in securing some of the objectives through the evolution of the THQ masterplan. The Council's primary objective for seeking to set up a corporate joint venture is to progress redevelopment of the land around the Town Hall to deliver a new neighbourhood comprising at least 300 new homes. This will involve a residential-led development with supporting public realm and infrastructure, as well as some commercial uses.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-028f78
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/002082-2021
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work


CPV Codes

45000000 - Construction work

45210000 - Building construction work

45211000 - Construction work for multi-dwelling buildings and individual houses

45211360 - Urban development construction work

Notice Value(s)

Tender Value
£200,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
2 Feb 20215 years ago
Submission Deadline
Not specified
Future Notice Date
2 Feb 2021Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
WATFORD BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WATFORD
Postcode
WD17 3EX
Post Town
Watford
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH27 South West Hertfordshire
Delivery Location
TLH23 Hertfordshire CC

Local Authority
Watford
Electoral Ward
Park
Westminster Constituency
Watford

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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