This public procurement record has 1 release in its history.

AwardUpdate

08 Dec 2021 at 22:45

Summary of the contracting process

HS2 Ltd is currently engaged in the procurement process for the "Euston Station Over Site Development (OSD) — Master Development Partner (MDP)" project, which is classified under real estate services. This initiative is geared towards the development above and around Euston Station in London and is valued between £2 billion and £4 billion, depending on various factors. As of now, the procurement is in the Award stage, with a contract period extending up to 25 years, potentially extendable to 40 years. The contract was signed on 15th March 2018, following a thorough planning phase that included a significant stay period as mandated by the Public Contracts Regulations 2015.

This tender represents a substantial opportunity for businesses specialising in construction, real estate development, and architectural services, particularly those with experience in large-scale urban development projects. Companies well-suited to compete include large contractors and developers with capabilities in delivering mixed-use developments, civil engineering, and effective project management. The collaboration between HS2 Ltd and Network Rail aims to create significant economic and social benefits, fostering an environment ripe for business growth around this bustling transport hub.

How relevant is this notice?

Notice Title

Euston Station Over Site Development (OSD) -- Master Development Partner (MDP)

Notice Description

Lot Information

Lot 1

The Secretary of State for Transport (SoS) is delivering a new terminus station for High Speed 2 at Euston Station. Network Rail (NR) are owners of the adjacent "Conventional Station" and surrounding lands. SoS and NR have brought together their land holdings at Euston, creating an estate capable of accommodating significant commercial and residential development and have prepared a Masterplan to quantify the development potential of the Euston Estate. SoS and NR (together, the Contracting Authorities) have entered into a Collaboration Agreement to effectively pool their respective ownerships in the public interest and also to streamline decision making between the Contracting Authorities. The Overarching Objectives of the Contracting Authorities are to: deliver a high quality mixed use development of the Euston Estate, create significant economic and social benefits for the local, regional and national economy and maximise financial returns from a development of the Euston Estate. The Contracting Authorities have jointly procured an MDP to support the delivery of the Overarching Objectives. The Contracting Authorities have entered into a Contract with the MDP (the Development Agreement and ancillary agreements) to govern the terms of the development of the Euston Estate. The terms of the Contract are designed to secure the delivery of the Overarching Objectives and other key deliverables, broadly covering the following stages: Stage 1 -- Masterplanning and Stations Interface, Stage 2 -- Outline Planning Application, Stage 3 -- Plot Progress, Stage 4 -- Estate Management. The Contract together with an agreed form of Business Plan embodies the agreed deliverables and will together be the key documents for judging the performance of the MDP, and contains performance criteria against which the MDP will be measured across the life of the scheme. It is envisaged that the Contract will extend for a period of 25 years unless terminated earlier in specified circumstances, and it may be extended by agreement between the parties (up to a total duration of 40 years).

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02ff09
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030610-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

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

45200000 - Works for complete or part construction and civil engineering work

45210000 - Building construction work

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

45211340 - Multi-dwelling buildings construction work

45211341 - Flats construction work

45211350 - Multi-functional buildings construction work

45211360 - Urban development construction work

45213000 - Construction work for commercial buildings, warehouses and industrial buildings, buildings relating to transport

45213100 - Construction work for commercial buildings

45213150 - Office block construction work

45213300 - Buildings associated with transport

45213320 - Construction work for buildings relating to railway transport

45213350 - Construction work for buildings relating to various means of transport

45215214 - Residential homes construction 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

70123000 - Sale of real estate

71200000 - Architectural and related services

71210000 - Advisory architectural services

71220000 - Architectural design services

71221000 - Architectural services for buildings

71222000 - Architectural services for outdoor areas

71240000 - Architectural, engineering and planning services

71300000 - Engineering services

71310000 - Consultative engineering and construction services

71400000 - Urban planning and landscape architectural services

71410000 - Urban planning services

71420000 - Landscape architectural services

71500000 - Construction-related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£4,000,000,000 £1B-£10B

Notice Dates

Publication Date
8 Dec 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
15 Mar 20188 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Not Specified
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
HS2 Ltd
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
Not specified
Postcode Area
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
2
Supplier Names

Lendlease Europe Holdings Limited

Lendlease Euston Development LLP

Open Contracting Data Standard (OCDS)

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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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