This public procurement record has 1 release in its history.

Tender

13 Apr 2021 at 14:25

Summary of the contracting process

The Watford Borough Council is currently inviting tenders for the "WBC Town Hall Quarter - Development Partner Procurement," a significant project within the construction industry located in Hertfordshire, UK. The procurement is at the active stage and involves establishing a joint venture to develop a major regeneration programme around the Town Hall Quarter. The total estimated value of this contract is £200 million, with the tender submission deadline set for 17 May 2021. The project aims to create at least 300 new homes along with various public and commercial spaces, leveraging a competitive dialogue procurement method.

This tender presents an excellent opportunity for small to medium enterprises (SMEs) and larger firms with expertise in construction, development services, and project management. Businesses capable of undertaking mixed-use development, providing construction management services, or engaging in urban planning will find this project particularly relevant. The Council encourages partnerships, allowing consortia to apply, which may benefit companies looking to collaborate and harness shared expertise for a comprehensive bid. The potential for additional works and services post-award could further enhance opportunities for participating firms.

How relevant is this notice?

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.

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 20215 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

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
Postcode Area
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)

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