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Ruislip Depot Development Opportunity

Places for London Limited

This public procurement record has 3 releases in its history.

Award

29 Sep 2026 at 16:01

UK7 - Contract Details Notice
Award

11 Jun 2026 at 14:29

UK6 - Contract Award Notice
Award

11 Jun 2026 at 14:27

UK5 - Transparency Notice
Summary of the contracting process

Places for London Limited, through its wholly owned subsidiary TTL Ickenham Properties Limited, partnered with BDW Trading Limited to pursue development of land around Ruislip Depot. The work is real estate development: the partnership combines Places’ land with adjoining land acquired by the BDW-controlled Ickenham Properties LLP, with the aim of securing planning permission and then developing the wider site. The LLP is responsible for seeking planning permission, while BDW is its business and development manager and is responsible for delivering the LLP’s business plan. The site is in the vicinity of Ruislip Depot in London. This is a land-led development arrangement, rather than a straightforward commission to build on Places’ land alone; its viability depends on combining the neighbouring parcels in a single scheme.

The procurement is complete and the contract is active. Places for London awarded it directly to BDW Trading Limited; the stated basis was that the LLP had exclusive rights to acquire adjoining land and was the only partner able to make development of Places’ land viable, with technical constraints and no reasonable alternative supplier. The contract was signed on 26 June 2026 and runs from 26 June 2026 to 25 June 2066. Its gross value is £250 million. The members’ agreement may allow the LLP to acquire additional land or pursue further development opportunities near the site. The arrangement is presented as a service concession. The procurement was not divided into substantive lots, and no separate evaluation scoring or selection criteria are described; the direct-award rationale is the stated basis for the outcome.

For suppliers considering comparable work for Places for London, the evidence here points to a requirement for a development partner able to assemble and manage a viable scheme across adjoining land interests, secure planning permission, and take responsibility for delivery against a long-term business plan. The winning arrangement depended on control of the specific neighbouring parcels, not simply general property-development capability: railway infrastructure, roads and RAF Northolt constrained alternatives, while the adjoining land enabled the combined scheme. Credibility therefore rests on access to the relevant land and the ability to structure a partnership around it, alongside the commercial and development-management capacity to carry a project from planning through delivery and associated guarantees. This is a substantial, long-horizon property development, and the route used was a direct award justified by exclusive rights and technical constraints.

How relevant is this notice?

Notice Information

Notice Title

Ruislip Depot Development Opportunity

Notice Description

TTL Ickenham Properties Limited (TTL), a wholly owned subsidiary of Places for London Limited (Places), has entered into a members' agreement with BDW Trading Limited in respect of Ickenham Properties LLP (LLP). The LLP will seek planning permission in respect of combined land holdings in the vicinity of Ruislip Depot (the Site) with the ultimate aim of developing the Site. The estimated duration of the members' agreement is 40 years, taking into account the time required to obtain planning permission, complete any development, and the duration of any guarantees. The contract value has been estimated on the basis that the arrangement may be characterised as a service concession contract.

Procurement Information

The LLP (controlled by BDW at the time of the transparency notice dated 11 June 2026) has exchanged contracts to acquire land at Ickenham comprising a site immediately adjacent to Places' land holdings. Places owned land adjacent to the land the LLP acquired in the vicinity of Ruislip Depot. Viability and site constraints meant that it was not feasible for Places to develop this land on a standalone basis. However, these viability issues and site constraints could be overcome if Places' land were combined with adjacent land and developed as part of a wider scheme. Therefore, Places (via its subsidiary, TTL) became a member of the LLP, and transferred its land in the vicinity of Ruislip Depot to the LLP. The LLP is responsible for seeking planning permission with the ultimate aim of developing the Site. The LLP has appointed BDW as the business and development manager, which is responsible for delivering the objectives set out in the LLP's business plan. TTL is a wholly owned subsidiary of Places for London Limited, which is the property owning arm of Transport for London. TTL is a contracting authority and subject to the Procurement Act 2023 when it awards public contracts. To the extent that Places' decision to become a member of the LLP (acting via its wholly owned subsidiary TTL) triggered the award of a public contract, Places considers that a direct award in accordance with section 41(1) of the Procurement Act 2023 was justified on the basis that the direct award justification in paragraph 5 of Schedule 5 applied. In addition and/or in the alternative, Places considers that the direct award justification in paragraph 6 of Schedule 5 applied. More specifically, Places considers that: * The BDW-controlled LLP had exclusive rights by virtue of its contract to acquire the immediately adjoining land to Ruislip Depot, such that it was the only supplier that Places could partner with to facilitate the development of Places' land in the vicinity of Ruislip Depot; and/or * There are technical reasons why the BDW-controlled LLP was the only supplier able to provide the required services. Specifically, no other supplier held, or was in a position to acquire, the specific parcels of land necessary to achieve a viable combined development with Places' land near Ruislip Depot. Places was also satisfied that there were no reasonable alternatives to participating in the LLP for the purpose of developing its land near to Ruislip Depot. In particular, Places concluded that publication of a tender notice would not trigger more competition or a better outcome, not least because the LLP was objectively the only supplier who could partner with Places to unlock the development of its land. This conclusion was based on the following factors: * it would not have been viable to develop Places' land in the vicinity of Ruislip Depot without combining that land with neighbouring land; and * the only plausible way to achieve that objective was to partner with BDW in the LLP. In particular, due to the location of existing railway infrastructure, roads, and RAF Northolt, Places concluded that there were no other parcels of land which could be combined with its land to create a viable regeneration scheme (other than the adjoining land the LLP had exclusive rights to acquire). Places also considered whether there were other parcels of land which Places could acquire via a competitive procurement but concluded that no such parcels of land existed (or were available) that would enable Places to develop its land on a viable basis. In accordance with section 41(4) of the Procurement Act 2023, Places has verified that BDW is neither an excluded nor an excludable supplier.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06b30f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/092027-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

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
£250,000,000 £100M-£1B
Contracts Value
£250,000,000 £100M-£1B

Notice Dates

Publication Date
29 Sep 20263 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
11 Jun 20264 months ago
Contract Period
26 Jun 2026 - 26 Jun 2066 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Places for London Limited
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E20 1JN
Postcode Area
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
Not specified
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

BDW Trading Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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