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Procurement of a Joint Venture partner to undertake the development of Turweston Road, Brackley

Catalyst Housing Limited

This public procurement record has 1 release in its history.

Tender

14 Jan 2022 at 18:15

Tender Notice
Summary of the contracting process

The Catalyst Housing Limited is currently seeking a private sector development partner for the procurement of a joint venture aimed at the development of 350 residential units on Turweston Road, Brackley. The tender process is in the active phase and follows a selective procurement method through competitive dialogue. The tender period ends on 14th February 2022, with the second stage invitation set for 18th March 2022. Catalyst Housing, based in London, is a prominent affordable housing provider, owning and managing over 34,000 homes across London and the South-East, with a project value of £90 million.

This opportunity is ideal for businesses in the construction and development sectors, particularly those with experience in forming joint ventures and optimising large-scale residential projects. Companies capable of providing investment, expertise in post-planning design, phased construction, and marketing strategies for private sale units will find this tender well-suited to their capabilities. The successful joint venture partner will collaborate closely with Catalyst Housing to deliver high-quality residential units, making this a strategic opportunity for growth in the housing and community amenities industry.

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Notice Information

Notice Title

Procurement of a Joint Venture partner to undertake the development of Turweston Road, Brackley

Notice Description

Catalyst Housing Limited (CHL) is the owner of development land at Turweston Road, Brackley with detailed consent for 350 residential units and is now seeking to appoint a private sector developer partner to form a corporate LLP joint venture (JV) vehicle on a 50:50 basis to develop Turweston Road. Selection of a JV partner will be undertaken under the Lean Competitive Dialogue Procedure. Bringing investment and expertise across the development process, the JV partner will work in JV with CHL to optimise post planning design, undertake phased construction of the resulting scheme and market and sell the private sale units delivered. All intermediate and affordable units delivered will be acquired from the JV by CHL at an appropriate market rate. In terms of the best partner therefore, while JV experience is valuable, key is the ability to bring expertise to bear to maximise commercial returns through delivery of an optimised scheme.

Lot Information

Lot 1

Catalyst Housing Limited (CHL) is the owner of development land at Turweston Road, Brackley with detailed consent for 350 residential units. CHL is a leading London-based affordable housing provider, developer and member of the G15 group of London's largest and most influential housing associations. CHL owns and manages over 34,000 homes and is landlord to over 70,000 residents across London and the South-East. CHL is now seeking to appoint a private sector developer partner to form a corporate LLP joint venture (JV) vehicle on a 50:50 basis to develop Turweston Road. Selection of a JV partner will be undertaken under the Lean Competitive Dialogue Procedure. Bringing investment and expertise across the development process, the JV partner will work in JV with CHL to optimise post planning design, undertake phased construction of the resulting scheme and market and sell the private sale units delivered. All intermediate and affordable units delivered will be acquired from the JV by CHL at an appropriate market rate. In terms of the best partner therefore, while JV experience is valuable, key is the ability to bring expertise to bear to maximise commercial returns through delivery of an optimised scheme. More information about the opportunity is set out in the Memorandum of Information included with the procurement documents on the Portal.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-030b6f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001238-2022
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

CPV Codes

45000000 - Construction work

70110000 - Development services of real estate

Notice Value(s)

Tender Value
£90,000,000 £10M-£100M
Lots Value
£90,000,000 £10M-£100M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jan 20224 years ago
Submission Deadline
14 Feb 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Catalyst Housing Limited
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
W5 2AU
Postcode Area
West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI7 Outer London - West and North West
Small Region (ITL 3)
TLI73 Ealing
Delivery Location
TLF24 West Northamptonshire, TLJ14 Oxfordshire CC
Local Authority
Ealing
Electoral Ward
Ealing Broadway
Westminster Constituency
Ealing Central and Acton

Further Information

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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