Tender

One Housing - Tiller Road Joint Venture Partner Procurement

ONE HOUSING INVESTMENT LIMITED

This public procurement record has 1 release in its history.

Tender

03 Dec 2021 at 17:06

Summary of the contracting process

One Housing Group (OHG) is currently seeking a joint venture partner for the "Tiller Road Joint Venture Partner Procurement" project, aimed at the residential redevelopment of Tiller Road in Tower Hamlets, London. This active tender falls under the construction industry category and has a contract duration of approximately 3240 days. The procurement process is being conducted through a selective method using a competitive dialogue procedure. The submission deadline for bid responses is set for 14 January 2022, with an invitation date for the second stage planned for 4 February 2022. Interested companies can submit queries via email to the designated contact at Arcadis.

This procurement offers a significant opportunity for private sector residential developers specialising in high-quality, high-rise flatted developments and those experienced in joint ventures with public or affordable housing partners. Companies that possess a strong understanding of the London residential market, particularly those capable of adapting to the complexities of redevelopment in established communities, will find this tender appealing. Successful bidders will play a crucial role in the pre-construction and construction phases, leveraging their expertise to ensure optimal design, execution, and market outcomes while contributing to the social objectives of OHG.

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Notice Title

One Housing - Tiller Road Joint Venture Partner Procurement

Notice Description

One Housing Group (OHG) is seeking a joint venture partner for the residential redevelopment of Tiller Road. OHG is a leading affordable housing provider, which owns over 17,000 homes across London and the South-East. Tiller Road comprises 72 occupied units across three blocks in Tower Hamlets. OHG has undertaken design development to Stage 1, resident engagement and a successful ballot. The process is a lean competitive dialogue procedure to enter a 50/50 corporate joint venture. The partner will work with OHG on pre-construction and construction. The partner will be a private sector residential developer experienced in the design and delivery of high quality, high-rise flatted residential redevelopment working in joint venture with public or affordable housing partners.

Lot Information

Lot 1

One Housing Group (OHG) is seeking select a private sector partner to work in joint venture to deliver the residential redevelopment of Tiller Road, Isle of Dogs, London. Existing residents and a focus on social purpose are at OHG's core as an organisation and fundamental considerations for all activities undertaken including redevelopment projects delivering regeneration such as Tiller Road. Following a recent merger OHG is now part of The Riverside Group, creating one of the largest housing associations in the UK. OHG has undertaken detailed preparation for the regeneration of the site and to arrive at the proposed solution. In 2017 an initial stock condition survey commissioned by OHG concluded that changes would bring about significant improvement in quality of life for existing residents. OHG has now completed a detailed options appraisal process with existing residents, reviewing options from minor changes to full redevelopment. The outcome was support from most residents for full redevelopment including decanting. A ballot held in April 2021 in which a 94% turnout resulted in 88% support for the preferred option confirmed this position. To help inform the options appraisal process OHG appointed PRP Architects to undertake design development to Stage 1 for full redevelopment of the site including site limitations, in particular minimising off-site decanting. Of the 72 existing units 58 are social rent tenancies, four are resident leaseholders and 10 non-resident leaseholders. Reprovision is proposed for social rent tenants and resident leaseholders only. The procurement process is a lean competitive dialogue procedure to appoint a partner to enter into a 50/50 corporate LLP joint venture. The partner will work collaboratively across all elements of pre-construction and construction to deliver high quality, private sale and affordable residential development and financial returns. The pre-construction phase will commence immediately following creation of the joint venture and will focus on design development and expedient progression of the scheme to achieve a satisfactory detailed planning consent. It is anticipated the partner will play a leading role here, using its experience to maximise the opportunity. The phased construction process will commence at the earliest opportunity following grant of planning consent, subject to decanting. It is anticipated the partner will utilise its well-established supply chains to manage cost, de-risk construction and ensure quality throughout the construction process and for the sale of completed units on the open market. It is anticipated the partner will be able to draw upon internal expertise to provide development management, project management, construction management, sales and marketing and accounting and administration services to the joint venture at a reasonable and proportionate cost. The partner is expected to be a private sector residential developer with specific experience working in joint venture partnership with public sector or affordable housing partners to design and deliver high quality, high-rise flatted residential development. The partner will be required to leverage experience, expertise, funding and development services to deliver the project. Partners should have sufficient capacity to commence design delivery leading into scheme delivery immediately on the set-up of the joint venture. To be able to maximise the opportunity commercially partners should possess a detailed knowledge of the London residential markets at the appropriate price point for Tiller Road. Application of this knowledge will allow the partner to maximise returns in terms of design, specification, marketing and sales strategy. Partners should have a good understanding of the complexities this brings. Key here is confidence gained from experience in working closely with existing residents throughout the development process. The contract duration is an estimate. Additional information: This procurement is for the award of a Joint Venture Development Agreement.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02fd37
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030144-2021
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

45112700 - Landscaping work

45113000 - Siteworks

45211340 - Multi-dwelling buildings construction work

45211341 - Flats construction work

45211360 - Urban development construction work

70111000 - Development of residential real estate

70121000 - Building sale or purchase services

71247000 - Supervision of building work

71315200 - Building consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
3 Dec 20214 years ago
Submission Deadline
14 Jan 2022Expired
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
ONE HOUSING INVESTMENT LIMITED
Contact Name
Rupert Burstein
Contact Email
rupert.burstein@arcadis.com
Contact Phone
+44 7818525912

Buyer Location

Locality
LONDON
Postcode
NW1 0DL
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
Not specified

Local Authority
Camden
Electoral Ward
St Pancras & Somers Town
Westminster Constituency
Holborn and St Pancras

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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