--- title: "Borough Triangle, SE1" ocid: "ocds-b5fd17-89529677-5d5c-4a8e-8ff0-80104797f64d" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-89529677-5d5c-4a8e-8ff0-80104797f64d" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-89529677-5d5c-4a8e-8ff0-80104797f64d.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-89529677-5d5c-4a8e-8ff0-80104797f64d.json" source: "Contracts Finder" current_stage: "Tender" buyer: "PEABODY TRUST" published: "2020-01-20" --- # Borough Triangle, SE1 Buyer: PEABODY TRUST Current stage: Tender OCID: ocds-b5fd17-89529677-5d5c-4a8e-8ff0-80104797f64d [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-89529677-5d5c-4a8e-8ff0-80104797f64d) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-89529677-5d5c-4a8e-8ff0-80104797f64d.json) ## Summary The Peabody Trust is inviting tenders for the redevelopment of the Borough Triangle site in SE1, located in London, United Kingdom. The initiative aims to appoint a single development partner to collaborate on transforming a 2.3-acre brownfield site, previously used as a paper factory. This procurement, classified under the CPV code 70111000 for the development of residential real estate, is currently in the Tender stage with submissions due by 26th January 2020. The estimated contract value ranges from £80 million to £100 million, with a planned contract duration from 10th April 2020 to 9th April 2025. Opportunities arise from this tender primarily for small and medium enterprises (SMEs) experienced in residential development and urban regeneration. Businesses capable of delivering comprehensive redevelopment projects, achieving planning consent swiftly, and ensuring affordability standards are crucial for this project. With a minimum target of 35% affordable housing, including at least 200 homes, the successful contractor will play a significant role in reshaping an urban block in a prime London location, thereby presenting substantial growth potential for qualified bidders. ## Notice Text to be corrected in the original notice: Place of text to be modified: VI.3) Instead of: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. The contract value stated is an estimate, and should be viewed as between PS80million - PS100million. The contract duration is also indicative, and will ultimately depend on the nature of the bids that we eventually receive. Whilst we are not accepting variant bids, the Tender Documentation does ask for Bidders to provide pricing around two specified options. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Development-of-residential-real-estate./4CFE5JHD65 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/4CFE5JHD65 Read: The Contracting Authority/ies considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. The contract value stated is an estimate, and should be viewed as between PS80million - PS100million. The contract duration is also indicative, and will ultimately depend on the nature of the bids that we eventually receive. Whilst we are not accepting variant bids, the Tender Documentation does ask for Bidders to provide pricing around two specified options. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Development-of-residential-real-estate./4CFE5JHD65 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/4CFE5JHD65 Other additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. The contract value stated is an estimate, and should be viewed as between PS80million - PS100million. The contract duration is also indicative, and will ultimately depend on the nature of the bids that we eventually receive. Whilst we are not accepting variant bids, the Tender Documentation does ask for Bidders to provide pricing around two specified options. Peabody Group is seeking to appoint a single provider to act as a development partner to collaborate with this opportunity to redevelop a whole city block in Zone 1. A former paper factory, this 2.3-acre brownfield site is located in Newington Triangle, between Borough tube station and Elephant and Castle. Our objectives are as set out within the Tender Documentation. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Negotiated procedure | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 20 Jan 2020 | | Submission deadline | 26 Jan 2020 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 9 Apr 2020 - 9 Apr 2025 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | PEABODY TRUST | | Locality | LONDON | | Post town | South East London | | Postcode | SE1 7JB | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI4 Inner London - East | | ITL 3 | TLI44 Lewisham and Southwark | | Local authority | Southwark | | Electoral ward | St George's | | Westminster constituency | Bermondsey and Old Southwark | | Delivery location | TLI London | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70111000 - Development of residential real estate ## Release History - 20 Jan 2020 at 17:20 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 - 20 Jan 2020 at 17:20 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 - 20 Jan 2020 at 17:10 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 - 20 Jan 2020 at 17:10 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 - 20 Jan 2020 at 17:10 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 - 20 Jan 2020 at 17:10 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 - 20 Jan 2020 at 17:10 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 - 20 Jan 2020 at 17:01 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 - 20 Jan 2020 at 17:01 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 - 20 Jan 2020 at 17:00 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 - 20 Jan 2020 at 16:50 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 - 20 Jan 2020 at 16:50 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 - 20 Jan 2020 at 16:50 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 - 7 Jan 2020 at 10:00 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/85d30f3b-d3c7-4ef2-911c-e3230e5ab794 20th January 2020 - Opportunity notice on Contracts Finder - https://www.delta-esourcing.com/tenders/UK-UK-London:-Development-of-residential-real-estate./4CFE5JHD65 Please follow this link to view the notice. ## Notice URLs - https://www.delta-esourcing.com/respond/4CFE5JHD65 ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-89529677-5d5c-4a8e-8ff0-80104797f64d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-89529677-5d5c-4a8e-8ff0-80104797f64d.json.