Notice Information
Notice Title
Commercial Office Investment Portfolio Joint Venture
Notice Description
TfL is commencing a procurement process to appoint a joint venture development and investment partner for the Opportunity. The Opportunity comprises the Bank Over Station Development (OSD), Paddington Triangle OSD and Southwark OSD development sites. The selected partner will form a Joint Venture (JV) with TfL to develop the sites into best in class, sustainable office assets that will drive returns for both partners. It is anticipated that the partner and TfL will continue to hold the developed assets in joint venture post practical completion and leasing to benefit from the rental income. Additional office led development sites may be acquired by the JV at a later stage.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-033baa
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/013573-2022
- Current Stage
- Tender
- All Stages
- Tender
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Not Specified
- Procurement Method Details
- Not specified
- Tender Suitability
- Not specified
- Awardee Scale
- Not specified
Common Procurement Vocabulary (CPV)
- CPV Divisions
70 - Real estate services
-
- CPV Codes
70110000 - Development services of real estate
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 20 May 20223 years ago
- Submission Deadline
- Not specified
- Future Notice Date
- Not specified
- Award Date
- Not specified
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Not Specified
- Lots Status
- Not Specified
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- TRANSPORT FOR LONDON
- Contact Name
- Mr Paul O'Dowd
- Contact Email
- officeinvestmentportfolio@tfl.gov.uk
- Contact Phone
- Not specified
Buyer Location
- Locality
- LONDON
- Postcode
- SE10 0ES
- Post Town
- South East London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI5 Outer London - East and North East
- Small Region (ITL 3)
- TLI51 Bexley and Greenwich
- Delivery Location
- Not specified
-
- Local Authority
- Greenwich
- Electoral Ward
- Greenwich Peninsula
- Westminster Constituency
- Greenwich and Woolwich
Further Information
Notice URLs
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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.
{
"tag": [
"compiled"
],
"id": "ocds-h6vhtk-033baa-2022-05-20T10:54:41+01:00",
"date": "2022-05-20T10:54:41+01:00",
"ocid": "ocds-h6vhtk-033baa",
"initiationType": "tender",
"tender": {
"id": "DN602184",
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"title": "Commercial Office Investment Portfolio Joint Venture",
"classification": {
"scheme": "CPV",
"id": "70110000",
"description": "Development services of real estate"
},
"mainProcurementCategory": "services",
"description": "TfL is commencing a procurement process to appoint a joint venture development and investment partner for the Opportunity. The Opportunity comprises the Bank Over Station Development (OSD), Paddington Triangle OSD and Southwark OSD development sites. The selected partner will form a Joint Venture (JV) with TfL to develop the sites into best in class, sustainable office assets that will drive returns for both partners. It is anticipated that the partner and TfL will continue to hold the developed assets in joint venture post practical completion and leasing to benefit from the rental income. Additional office led development sites may be acquired by the JV at a later stage.",
"amendments": [
{
"id": "1",
"unstructuredChanges": [
{
"oldValue": {
"text": "The procurement documents are available for unrestricted and full direct access, free of charge, at https://procontract.due-north.com/Procurer/Advert/View?advertId=9992728a-58d7-ec11-8 114-005056b64545&fromAdvertEvent=True Additional information can be obtained from the above-mentioned address Tenders or requests to participate must be submitted electronically via https://procontract.due-north.com/Procurer/Advert/View?advertId=9992728a-58d7-ec11-8 114-005056b64545&fromAdvertEvent=True"
},
"newValue": {
"text": "The procurement documents are available for unrestricted and full direct access, free of charge, at https://procontract.due-north.com/Advert?advertId=9992728a-58d7-ec11-8114-005056b64545 Additional information can be obtained from the above-mentioned address Tenders or requests to participate must be submitted electronically via https://procontract.due-north.com/Advert?advertId=9992728a-58d7-ec11-8114-005056b64545"
},
"where": {
"section": "I.3",
"label": "Link"
}
},
{
"oldValue": {
"text": "https://procontract.due-north.com/Procurer/Advert/View?advertId=9992728a-58d7-ec11-8 114-005056b64545&fromAdvertEvent=True"
},
"newValue": {
"text": "https://procontract.due-north.com/Advert?advertId=9992728a-58d7-ec11-8114-005056b64545"
},
"where": {
"section": "II.2.4",
"label": "Link"
}
}
]
}
]
},
"parties": [
{
"id": "GB-FTS-3842",
"name": "Transport for London",
"identifier": {
"legalName": "Transport for London"
},
"address": {
"streetAddress": "14 Pier Walk",
"locality": "London",
"region": "UKI",
"postalCode": "SE10 0ES",
"countryName": "United Kingdom"
},
"contactPoint": {
"name": "Mr Paul O'Dowd",
"email": "OfficeInvestmentPortfolio@tfl.gov.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "https://tfl.gov.uk",
"buyerProfile": "https://tfl.gov.uk"
}
}
],
"buyer": {
"id": "GB-FTS-3842",
"name": "Transport for London"
},
"language": "en"
}