Tender

Tolworth Phase 2 - Delivery Partner to form a Joint Venture

THE GUINNESS PARTNERSHIP LTD

This public procurement record has 1 release in its history.

Tender

21 May 2021 at 13:36

Summary of the contracting process

The Guinness Partnership Ltd is inviting tenders for the project titled "Tolworth Phase 2 - Delivery Partner to form a Joint Venture" in the construction industry, specifically focused on works related to housing development. This active tender is part of a selective procurement method, with submissions due by 25th June 2021. The project involves developing a 4.4ha site in King George Gate, which is planned to include 739 new homes along with various community facilities. The tender is presently in the tender stage and requires candidates to engage in a competitive procedure with negotiation.

This tender presents significant opportunities for businesses involved in construction, real estate development, and related consultancy fields. Companies that specialise in joint ventures, investment strategies, or have expertise in residential housing projects would be particularly well-suited to participate in this process. Engaging with the Guinness Partnership, known for its commitment to housing and community amenities, could facilitate growth and collaboration in delivering essential local infrastructure and amenities.

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Notice Title

Tolworth Phase 2 - Delivery Partner to form a Joint Venture

Notice Description

In August 2019, Guinness Partnership acquired the 4.4ha site known as King George Gate, with detailed planning permission for the construction of 211 new homes (phase 1) and outline planning permission to construct 739 new homes (remaining phases) with provision for a nursery, restaurant / cafe, a new bus driver facility and bus stop, car and cycle parking. The scheme also has provision for areas of public open space play facilities hard and soft landscaping public realm works and an energy centre. The Guinness Partnership is seeking to appoint a partner to form a joint venture vehicle to secure investment and expertise to deliver the remaining phases of the 2019 approved outline planning permission under a competitive procedure. It is envisaged that Guinness Development Ltd (a wholly owned subsidiary of TGP) will enter into a joint venture agreement with the selective joint venture partner for the establishment of a joint venture entity. Further details of the proposed legal structure of a joint venture arrangement are contained in the tender documents. The JV Partner must ensure that all Consultants, Sub-Consultant and Sub-Contractors who provide design input, enter into a Collateral Warranty for the benefit of the Authority, Purchasers and / or any other third party that Guinness Development see fit in an appropriate format.

Lot Information

Lot 1

In August 2019, Guinness Partnerships (TGP) acquired the 4.4ha site known as King George Gate, with detailed planning permission for the construction of 211 new homes (phase 1) and outline planning permission to construct 739 new homes (remaining phases) with provision for a nursery, restaurant / cafe, a new bus driver facility and bus stop, car and cycle parking. The scheme also has provision for areas of public open space play facilities hard and soft landscaping public realm works and an energy centre. The Guinness Partnership is seeking to appoint a partner to form a joint venture vehicle to secure investment and expertise to deliver the remaining phases of the 2019 approved outline planning permission under a competitive procedure. It is envisaged that Guinness Development Ltd (a wholly owned subsidiary of TGP) will enter into a joint venture agreement with the selective joint venture partner for the establishment of a joint venture entity. Further details of the proposed legal structure of a joint venture arrangement are contained in the tender documents.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02b3b8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/011334-2021
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 procedure with negotiation
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 May 20214 years ago
Submission Deadline
25 Jun 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
THE GUINNESS PARTNERSHIP LTD
Contact Name
Denise Mulligan
Contact Email
denise.mulligan@guinness.org.uk
Contact Phone
+44 3031231890

Buyer Location

Locality
LONDON
Postcode
NW1 3FG
Post Town
North West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
TLI London

Local Authority
Camden
Electoral Ward
Regent's Park
Westminster Constituency
Holborn and St Pancras

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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