Award

Stratford Waterfront and Bridgewater Modifications to Development Agreement

LONDON LEGACY DEVELOPMENT CORPORATION

This public procurement record has 1 release in its history.

Award

22 Aug 2025 at 17:14

Summary of the contracting process

The London Legacy Development Corporation (LLDC) recently concluded a procurement process titled "Stratford Waterfront and Bridgewater Modifications to Development Agreement" within the urban development construction work industry category. This project is located in Queen Elizabeth Olympic Park, Stratford, London, and involves modifications to an existing development agreement between LLDC and Stratford East London Partners LLP. The project stage is complete and was marked by the entry into new deeds of variation to the development agreement to adjust financial and operational terms as of 30 October 2024. Ballymore Limited is the supplier for this active contract, valued at £600,000,000. The procurement process followed a limited method without prior publication of a call for competition, focusing primarily on infrastructure works at Bridgewater Triangle and Stratford Waterfront.

This tender represents a substantial opportunity for businesses involved in urban development and regeneration, particularly those capable of handling large-scale infrastructure projects. Companies like architectural firms, construction suppliers, and developers who specialise in urban housing and mixed-use developments may find partnering in future similar projects beneficial. The successful award to Ballymore Limited underscores the potential for substantial partnerships with public bodies like the LLDC, supporting growth through strategic participation in urban revitalisation initiatives.

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Notice Title

Stratford Waterfront and Bridgewater Modifications to Development Agreement

Notice Description

Modifications to a Development Agreement for the development of the site known as Stratford Waterfront and Bridgewater residential developments.

Lot Information

Lot 1

Description of the procurement: London Legacy Development Corporation (LLDC) entered into a Development Agreement (DA) with Stratford East London Partners LLP (as Developer) and Trapol Limited on 26 July 2022 for the development of the sites known as Stratford Waterfront and Bridgewater Triangle in the Queen Elizabeth Olympic Park, Stratford, London. The parties entered into a deed of variation of the DA on 30 October 2024 to amend the timing and payment mechanisms for infrastructure works being delivered by the Developer at Bridgewater Triangle, and have entered into a further deed of variation of the DA and ancillary documents to incorporate various modifications including: (i) fixed land values for each site, and increased profit share for LLDC as member of the Developer; (ii) variation of milestones for Bridgewater Triangle infrastructure works to reflect the updated programme; (iii) extension of the longstop date for satisfaction of conditions (including relating to planning and vacant possession) and inclusion of Gateway 2 approval for each site as a milestone event; and (iv) to reflect a variation to the affordable housing viability review trigger in LLDC's unilateral undertaking for the Stratford Waterfront site.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-058d46
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/051050-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work


CPV Codes

45211360 - Urban development construction work

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£600,000,000 £100M-£1B

Notice Dates

Publication Date
22 Aug 20256 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
22 Jul 20257 months ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
LONDON LEGACY DEVELOPMENT CORPORATION
Contact Name
Brian Walsh
Contact Email
brianwalsh@londonlegacy.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E20 1JN
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

BALLYMORE

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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