Notice Information
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.
Notice Details
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
Buyer & Supplier
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
Further Information
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.
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