Tender

Contract for Development Partner for Seven Kings Development and Community Hub Site

LONDON BOROUGH OF REDBRIDGE

This public procurement record has 1 release in its history.

Tender

15 Feb 2024 at 14:32

Summary of the contracting process

The London Borough of Redbridge is seeking a Development Partner for the Seven Kings Development and Community Hub Site. The procurement falls under the works category in the construction industry. The Authority intends to build a community hub facility on a 0.71-hectare site at Seven Kings, Ilford. The tender is currently active with a contract value of £8,000,000. The deadline for submission of applications is March 18, 2024, with further procurement documents provided at the Initial Tender stage.

This tender offers business growth opportunities for developers and contractors in the construction industry, particularly those interested in community development projects. Businesses capable of financing, designing, and building a community hub facility are well-suited to compete. The procurement method involves a Competitive Procedure with Negotiation, offering flexibility in the competitive process. As the Authority reserves the right to deviate from the formalities of the Public Contracts Regulations 2015, bidders should be prepared for a dynamic bidding process with potential for negotiation.

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Notice Title

Contract for Development Partner for Seven Kings Development and Community Hub Site

Notice Description

The London Borough of Redbridge (the Authority) is the freeholder of the site known as Seven Kings Community & Development site at Seven Kings Bridge Car Park Including Public Conveniences And 672, High Road, Seven Kings, Ilford. The site measures 0.71 hectares and is owned by the Authority. The Authority now wishes to appoint a developer to finance, design and build a community hub facility of at least 1,800m2 to the Authority's requirements (the Hub) on a parcel of the Site. Upon practical completion of the Hub, the Authority will enter into a 999-year lease with the developer to occupy the Hub for peppercorn rent. To assist with the viability of delivering the Hub the Authority will be inviting bidders (as part of the procurement process) to bid-back on a land value to acquire the Site which will then be transferred by the Authority to the successful bidder under the terms of the scheme.

Lot Information

Lot 1

II.2.4) Description of the procurement: The London Borough of Redbridge (the Authority) is the freeholder of the site known as Seven Kings Community & Development site at Seven Kings Bridge Car Park Including Public Conveniences And 672, High Road, Seven Kings, Ilford. The site measures 0.71 hectares and is owned by the Authority. The Authority now wishes to appoint a developer to finance, design and build a community hub facility of at least 1,800m2 to the Authority's requirements (the Hub) on a parcel of the Site. Upon practical completion of the Hub, the Authority will enter into a 999-year lease with the developer to occupy the Hub for peppercorn rent. To assist with the viability of delivering the Hub the Authority will be inviting bidders (as part of the procurement process) to bid-back on a land value to acquire the Site which will then be transferred by the Authority to the successful bidder under the terms of the scheme. In addition to the development of the Hub the Authority will be requiring the successful developer to also deliver for its own benefit a mixed-use residential development on the Site to assist with the affordability of delivering the Hub in accordance with the provisions of a Masterplan and the Satisfactory Planning Permission. However, the Authority will not be specifying any minimum requirements or volumes that must be delivered on the wider Site in respect of the mixed-use development as the Authority will not be acquire any of these completed outputs on practical completion. Interested developers should be aware that whilst the expectation is for the delivery of a mixed use development on the Site (with a minimum percentage of which to be for Affordable Housing), subject to planning, alternative outputs may be delivered on the Site. Additional information: The estimated values in II.1.5 and II.2.6 represent the estimated capital cost of delivering the community hub only. It does not include the potential commercial value of the wider development opportunity of the Site. As such 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 the scheme as a whole. The duration of the concession stated in II.2.7 is the estimated construction period of the Hub. The scheme will also incorporate obligations to deliver development on the wider Site with within a period of 10 years. Further details of the scheme programme and property structure of the scheme are contained in the procurement documents.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-043a77
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/005109-2024
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

71 - Architectural, construction, engineering and inspection services

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


CPV Codes

45000000 - Construction work

45112700 - Landscaping work

45211100 - Construction work for houses

45211300 - Houses construction work

45211341 - Flats construction work

45211350 - Multi-functional buildings construction work

45211360 - Urban development construction work

45212100 - Construction work of leisure facilities

45213312 - Car park building construction work

45213316 - Installation works of walkways

45233100 - Construction work for highways, roads

71220000 - Architectural design services

71240000 - Architectural, engineering and planning services

71251000 - Architectural and building-surveying services

71400000 - Urban planning and landscape architectural services

71520000 - Construction supervision services

71530000 - Construction consultancy services

71540000 - Construction management services

77314000 - Grounds maintenance services

Notice Value(s)

Tender Value
£8,000,000 £1M-£10M
Lots Value
£8,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Feb 20242 years ago
Submission Deadline
18 Mar 2024Expired
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
LONDON BOROUGH OF REDBRIDGE
Contact Name
Janet Conde
Contact Email
janet.conde@psprocure.co.uk
Contact Phone
+44 2084963000

Buyer Location

Locality
ILFORD
Postcode
IG2 7QZ
Post Town
Ilford
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI53 Redbridge and Waltham Forest
Delivery Location
TLI53 Redbridge and Waltham Forest

Local Authority
Redbridge
Electoral Ward
Newbury
Westminster Constituency
Ilford South

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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