Re-development of the existing office building situated at Bankside House, 76-80 Southwark Street, London, SE1 0PN

Glasgow City Council (as administering authority for the Strathclyde Pension Fund)

This public procurement record has 2 releases in its history.

Award

09 Jun 2025 at 11:09

Tender

02 Jul 2024 at 16:30

Summary of the contracting process

The procurement process is being conducted by DTZ Investors on behalf of Glasgow City Council, serving as the administering authority for the Strathclyde Pension Fund. This particular tender involves the redevelopment of Bankside House, an office building located at 76-80 Southwark Street, London, in the United Kingdom. The industry category for the project is construction work, involving tasks such as demolition, refurbishment, and remodelling of office spaces. Procured via an open procedure, the tender is in its active stage, with a submission deadline on 23 August 2024. The estimated contract value is £21.5 million, and the work is expected to commence on 16 December 2024, concluding by 4 December 2026.

This tender presents a substantial opportunity for construction companies, particularly those experienced in urban redevelopment and high-value construction projects. Businesses with expertise in complex remodelling tasks, including structural alterations and facade work, are well-suited to compete for this project. The successful bidder must demonstrate financial resilience, sufficient insurance coverage, and a proven track record in similar urban redevelopment projects. The emphasis on both quality and pricing within the award criteria—weighted at 40% and 60%, respectively—allows competitive bidders to showcase innovative solutions and cost-effective approaches to gain a competitive edge.

How relevant is this notice?

Notice Title

Re-development of the existing office building situated at Bankside House, 76-80 Southwark Street, London, SE1 0PN

Notice Description

The contract location is Bankside House, 76-80 Southwark Street, London, SE1 0PN. The property spans two sites which were formerly separate entities and were redeveloped to form a single office building in 1971. The original Victorian warehouse structure remains to the eastern portion of the site while that at the western end was constructed in 1971. The property was substantially remodelled and clad in 2001. The contract works comprise the design, construction, remodelling and refurbishment of the existing office and ancillary plant accommodation at basement, and ground to fourth floor levels. The existing fifth floor level is to be demolished and new fifth and sixth floors will be constructed with new plant and roof terrace above. The building will be substantially rebuilt or reclad to the west, south and part north elevations. New terraces will be formed at fifth and sixth floors to the rear. Internally, the cores are to be rebuilt to provide high quality office plates over basement to sixth floors. The entrance will remain on the corner of Great Guildford and Southwark Streets. New cycle store and plant areas will be provided at basement level, along with a new feature stair linking the office accommodation at ground and basement. The Procurement is being conducted by DTZ Investors for Glasgow City Council as administering authority for the Strathclyde Pension Fund (SPF).

Lot Information

Lot 1

This procurement is being conducted by DTZ Investors for Glasgow City Council as administering authority for the Strathclyde Pension Fund (SPF). SPF is part of the Local Government Pension Scheme (LGPS) and is one of the 11 LGPS funds in Scotland and around100 in the UK. This contract is being procured under the Open Procedure. The Invitation to Tender (ITT) includes an SPD document. All Bidders must submit a completed SPD document as part of their response to the ITT. SPD responses meeting the minimum exclusion and selection criteria will proceed to have their response to the rest of the ITT evaluated against the award criteria. The minimum exclusion and selection criteria, award criteria and evaluation methodology is outlined in the ITT. Additional information: Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 58 of the Public Contracts (Scotland) Regulations 2015. As above, all communications from tenderers on this procurement should be sent to Bankside@cogentbc.co.uk

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-047946
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030859-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

19 - Leather and textile fabrics, plastic and rubber materials

44 - Construction structures and materials; auxiliary products to construction (except electric apparatus)

45 - Construction work


CPV Codes

19200000 - Textile fabrics and related items

44233000 - Staircases

45000000 - Construction work

45111000 - Demolition, site preparation and clearance work

45210000 - Building construction work

45213100 - Construction work for commercial buildings

45262690 - Refurbishment of run-down buildings

45262800 - Building extension work

45262900 - Balcony work

45443000 - Facade work

45453100 - Refurbishment work

Notice Value(s)

Tender Value
£21,500,000 £10M-£100M
Lots Value
£21,500,000 £10M-£100M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Jun 20251 years ago
Submission Deadline
23 Aug 2024Expired
Future Notice Date
Not specified
Award Date
9 Jun 20251 years ago
Contract Period
16 Dec 2024 - 4 Dec 2026 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Cancelled
Lots Status
Cancelled
Awards Status
Unsuccessful
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
Glasgow City Council (as administering authority for the Strathclyde Pension Fund)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G2 1DU
Postcode Area
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
Not specified

Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North East

Open Contracting Data Standard (OCDS)

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