This public procurement record has 1 release in its history.

Tender

17 Nov 2021 at 09:15

Summary of the contracting process

The 'South Thamesmead Phases 2 and 3 Joint Venture Partnership' tender, initiated by Peabody Trust, is currently active and focuses on building construction work within the Outer London – South region. This procurement process is categorised under works and has a total estimated value of £300 million. The procurement follows a tendering method and is set within the Competitive Dialogue procedure as outlined in the Concession Contracts Regulation 2016. Key dates include the tender submission deadline of 20th December 2021, with the overall contract period anticipated to last up to 10 years. The development site spans approximately 3.1 hectares and aims to deliver around 730 homes, alongside significant community space.

This tender presents substantial growth opportunities for businesses in the construction sector, particularly those specialising in residential development, project management, and multi-functional buildings. Firms providing financial services, marketing, and construction management are also well-suited to participate, given Peabody's intention for a 50:50 joint venture with a private sector partner. Responding to this tender could enable businesses to engage in a large-scale regeneration project that is likely to yield valuable contracts and contribute to community development in the area.

How relevant is this notice?

Notice Title

South Thamesmead Phases 2 and 3 Joint Venture Partnership

Notice Description

Peabody is seeking to establish a 50:50 joint venture ('JV') between Peabody and a private sector partner ('PSP') to deliver phases 2 and 3 of the South Thamesmead regeneration project, at Harrow Manorway, near Abbey Wood, SE2 9LH (the 'Development Site'). The Development Site totals circa 3.1 hectares (7.7 acres) split between a northern plot (Phase 2, c 1.7 ha (4.6 ac)) and southern plot (Phase 3, c 1.2 ha (3.1 ac)).

Lot Information

Lot 1

50:50 joint venture ('JV') between Peabody and a private sector partner ('PSP') to deliver phases 2 and 3 of the South Thamesmead regeneration project. It is anticipated that the PSP will provide finance, and development management and sales & marketing services to the JV, and may provide construction services. In total the Development Site is estimated to have capacity for c 730 homes and c 1,000 square foot of community space (the latter assumed to be delivered in Phase 2). Phase 2 benefits from an outline planning consent for delivery of up to 329 homes and up to 1,050 square metres of commercial floorspace (London Borough of Bexley ref. 16/01287/OUTM). Recent scheme testing estimates capacity for Phase 3 at c 400 homes. Phase 3 is part of a separate outline application currently being determined by the local planning authority, across a wider area, for up to 1,950 homes and 3,225 square metres of commercial floorspace (ref. 21/01948/OUTEA). Continued at section III 1.1) Additional information: The estimated values in II.1.5, II.2.4 and II.2.6 represent the potential commercial value of the development. However, potential returns will depend on many commercial factors including (but not limited to) the performance of the developer and market conditions. Bidders should seek independent legal and commercial advice in relation to the potential value of the opportunity and overall scheme.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02f760
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/028657-2021
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender 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

50 - Repair and maintenance services

70 - Real estate services

71 - Architectural, construction, engineering and inspection services

77 - Agricultural, forestry, horticultural, aquacultural and apicultural services

79 - Business services: law, marketing, consulting, recruitment, printing and security

90 - Sewage, refuse, cleaning and environmental services


CPV Codes

45000000 - Construction work

45111000 - Demolition, site preparation and clearance work

45210000 - Building construction work

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

45211100 - Construction work for houses

45211340 - Multi-dwelling buildings construction work

45211341 - Flats construction work

45211350 - Multi-functional buildings construction work

45213312 - Car park building construction work

45223310 - Underground car park construction work

45230000 - Construction work for pipelines, communication and power lines, for highways, roads, airfields and railways; flatwork

45231000 - Construction work for pipelines, communication and power lines

45231100 - General construction work for pipelines

45231221 - Gas supply mains construction work

45231223 - Gas distribution ancillary work

45231300 - Construction work for water and sewage pipelines

45233100 - Construction work for highways, roads

45233130 - Construction work for highways

45259300 - Heating-plant repair and maintenance work

45330000 - Plumbing and sanitary works

45331000 - Heating, ventilation and air-conditioning installation work

50700000 - Repair and maintenance services of building installations

50710000 - Repair and maintenance services of electrical and mechanical building installations

70000000 - Real estate services

70110000 - Development services of real estate

70111000 - Development of residential real estate

71247000 - Supervision of building work

71421000 - Landscape gardening services

77314000 - Grounds maintenance services

79710000 - Security services

79711000 - Alarm-monitoring services

79713000 - Guard services

79714000 - Surveillance services

90500000 - Refuse and waste related services

90911100 - Accommodation cleaning services

90911200 - Building-cleaning services

Notice Value(s)

Tender Value
£300,000,000 £100M-£1B
Lots Value
£300,000,000 £100M-£1B
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
17 Nov 20214 years ago
Submission Deadline
20 Dec 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
Peabody Trust
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SE1 7JB
Postcode Area
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI6 Outer London - South

Local Authority
Southwark
Electoral Ward
St George's
Westminster Constituency
Bermondsey and Old Southwark

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...