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SJM2 - Contractor Procurement - Main Works

The Crown Estate

This public procurement record has 1 release in its history.

Tender

23 Oct 2026 at 12:30

UK4 - Tender Notice
Summary of the contracting process

The Crown Estate is procuring the main construction works for St James’s Market Phase 2 in London. The scheme includes a new approximately 312,500 sq ft net internal area, Category A office building, built around the retained Grade II-listed Carlton Cinema; shell-and-core refurbishment of the cinema and retail accommodation; landscaping and public realm works; and new UK Power Networks substations. The contractor will also provide a watching brief over, and take novation of, the separate demolition contract. The works are to be delivered first under a Pre-Construction Services Agreement and then under an amended JCT Design and Build 2024 contract. The project combines major new-build construction with listed-building refurbishment, retail, public-realm and infrastructure works.

The Crown Estate invited offers through a competitive flexible procedure. The procurement is a single, undivided contract; the 130 Jermyn Street works are an option and may share an energy centre, plant and practical-completion programme with the main scheme. The buyer set 5 November 2026 at 17:00 for enquiries and 19 November 2026 at 17:00 for expressions of interest. The planned contract period runs from 4 June 2027 to 31 January 2031, with possible extension to 31 January 2033 if the 130 Jermyn Street option is added. The published total estimated value is £322 million excluding VAT (£386.4 million including VAT), comprising approximately £222 million for the main works, including the pre-construction services, and approximately £100 million for the option. Tender scoring is 60% technical quality and 40% commercial.

This opportunity suits major building contractors able to manage a complex, multi-element central London construction programme, combining a large new office build with refurbishment of a listed cinema, retail shell-and-core works, public-realm landscaping and utility infrastructure. Suppliers need to show technical quality and cost competitiveness, and be prepared to evidence their capability through written submissions, tender interviews and examples from active projects. The staged competition begins with pass/fail requirements and scored technical criteria; only up to four of the highest-ranked suppliers are to be invited to tender. The process includes interviews during tendering, followed by evaluation, site visits and negotiation, with a Best and Final Offer. Contract terms are assessed pass/fail. Delivery capability should cover the interface with a separate demolition contract and coordination of shared plant and programme if the optional Jermyn Street refurbishment proceeds.

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Notice Information

Notice Title

SJM2 - Contractor Procurement - Main Works

Notice Description

St James Market Phase 2 main works will be delivered under a Pre-Construction Services Agreement (PCSA) and then under an amended JCT Design and Build 2024 contract: * a new c.312,500 sq. ft (NIA) CAT A office building (Basement Level 2 to Level 7), built around the retained Grade II listed Carlton Cinema * the shell and core refurbishment of the Cinema * retail shell and core accommodation * landscaping and public realm works * new UKPN substations * a watching brief over, and the novation of, the separate Demolition Contract. Total value of the works is PS322m excluding VAT (PS386.4m including VAT), made up of: * St James Market Phase 2 main works, including the PCSA c.PS222m excluding VAT (PS266.4m including VAT) * 130 Jermyn Street option: c.PS100m excluding VAT (PS120m including VAT)

Lot Information

Lot 1

Renewal: Addition of 130 Jermyn Street (130JS) could extend the programme due to the significant refurbishment of the building and the installation of shared mechanical and electrical plant

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-078ee0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/100431-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Selective
Procurement Method Details
Competitive flexible procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

CPV Codes

45210000 - Building construction work

45331000 - Heating, ventilation and air-conditioning installation work

45453000 - Overhaul and refurbishment work

45454100 - Restoration work

Notice Value(s)

Tender Value
£322,000,000 £100M-£1B
Lots Value
£322,000,000 £100M-£1B
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Oct 20264 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
4 Jun 2027 - 31 Jan 2031 3-4 years
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
The Crown Estate
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
SW1Y 4AH
Postcode Area
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

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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