Notice Information
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. The procurement envisages the potential for work to be undertaken for other contracting authorities including Hertfordshire County Council and Hertfordshire Community NHS Trust.
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 Council has a stated ambition within its Corporate Plan and Delivery Plan that it intends to take forward plans to revitalise the 'High Street North' area (within which the Town Hall Quarter is located) to create a vibrant and attractive neighbourhood for residents to enjoy, reinforcing its importance as a civic hub for the town, its attraction as an area for culture to flourish and create a new vibrant neighbourhood. Watford is an ambitious council and has a good track record of delivering on its promises. Over the last five years the Council has successfully implemented a significant programme of change and transformation. This has included schemes that have delivered major improvements to the town and to the quality of life experienced by residents. 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 opportunity area (as detailed in the procurement documents) accommodates Watford Borough Council's principal offices (the Town Hall), Watford Leisure Centre, Watford Central Library, Watford Colosseum entertainment venue, the Horn's Public House, two NHS clinics, and surface level car parking with a capacity of circa 360 spaces. 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 programme 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 mixed-use development with supporting public realm and infrastructure. The joint venture LLP may also have opportunity to contribute to the wider THQ project, for example by means of its supply chain or as may be agreed in dialogue. The Council intends to enter into a members' agreement under which a private sector partner will be appointed to carry out preparation, design, build and finance, including (but not limited to) housing, retail, new residential units, commercial units, public government buildings and spaces including NHS clinics and education facilities. There may be a requirement for the private sector partner to undertake other specialist areas such as highway works. The Council will invest its land in the joint venture LLP and the overall funding solution (including for pre-development costs) will be addressed through the competitive dialogue procedure. The Council will wish to have the opportunity to act as a senior lender where that may deliver commercial benefit to the joint venture LLP. The private sector partner will provide its development expertise and access to funding. This will include the provision or procurement of development management services which will be delivered under a Development Management Agreement (which forms part of the procurement documents). The Council and its private sector partner will share in any financial returns from the sale or development of the Site in a manner that is commensurate with the risks taken. Additional information: The resources and range of services needed for the joint venture LLP are such that the Council understands that it may receive applications from either a single organisation or organisations that may wish to collaborate to form a consortium (either by forming a separate legal entity or in unincorporated grouping).
Options: Additional works, services or supplies may be purchased as a result of the award of this procurement.
Renewal: Potentially + 36 months.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-02a58d
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/007708-2021
- 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 dialogue
- Tender Suitability
- Not specified
- Awardee Scale
- Not specified
Common Procurement Vocabulary (CPV)
- CPV Divisions
45 - Construction work
70 - Real estate services
71 - Architectural, construction, engineering and inspection services
-
- CPV Codes
45000000 - Construction work
45111000 - Demolition, site preparation and clearance work
45111291 - Site-development work
45112700 - Landscaping work
45210000 - Building construction work
45211000 - Construction work for multi-dwelling buildings and individual houses
45211300 - Houses construction work
45211340 - Multi-dwelling buildings construction work
45211341 - Flats construction work
45211350 - Multi-functional buildings construction work
45211360 - Urban development construction work
45233260 - Pedestrian ways construction work
45262700 - Building alteration work
45330000 - Plumbing and sanitary works
45453100 - Refurbishment work
70000000 - Real estate services
70110000 - Development services of real estate
70111000 - Development of residential real estate
70112000 - Development of non-residential real estate
70120000 - Buying and selling of real estate
70123100 - Sale of residential real estate
70123200 - Sale of non-residential estate
70300000 - Real estate agency services on a fee or contract basis
70331000 - Residential property services
71000000 - Architectural, construction, engineering and inspection services
71220000 - Architectural design services
71240000 - Architectural, engineering and planning services
71247000 - Supervision of building work
71251000 - Architectural and building-surveying services
71311000 - Civil engineering consultancy services
71312000 - Structural engineering consultancy services
71315200 - Building consultancy services
71400000 - Urban planning and landscape architectural services
71530000 - Construction consultancy services
71540000 - Construction management services
71541000 - Construction project management services
Notice Value(s)
- Tender Value
- £200,000,000 £100M-£1B
- Lots Value
- £200,000,000 £100M-£1B
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 13 Apr 20214 years ago
- Submission Deadline
- 17 May 2021Expired
- Future Notice Date
- Not specified
- Award Date
- Not specified
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Active
- Lots Status
- Active
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- WATFORD BOROUGH COUNCIL
- Contact Name
- Edyta Janaway
- Contact Email
- edyta.janaway@watford.gov.uk
- Contact Phone
- +44 1923226400
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
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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