--- title: "2026 Development Agreement Opportunity" ocid: "ocds-b5fd17-b2182e08-200f-4cd5-851c-ece70147eb9c" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b2182e08-200f-4cd5-851c-ece70147eb9c" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b2182e08-200f-4cd5-851c-ece70147eb9c.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-b2182e08-200f-4cd5-851c-ece70147eb9c.json" source: "Contracts Finder" current_stage: "Tender" buyer: "LONDON BOROUGH OF SOUTHWARK" published: "2025-02-21" --- # 2026 Development Agreement Opportunity Buyer: LONDON BOROUGH OF SOUTHWARK Current stage: Tender OCID: ocds-b5fd17-b2182e08-200f-4cd5-851c-ece70147eb9c [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-b2182e08-200f-4cd5-851c-ece70147eb9c) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-b2182e08-200f-4cd5-851c-ece70147eb9c.json) ## Summary The London Borough of Southwark is initiating a tender process for the 2026 Development Agreement Opportunity. This procurement seeks two development partners to fund, design, develop, and undertake sales activities for two multi-site lots (Lot A and Lot B) within the borough. The projects aim to deliver high-quality, sustainable homes with a significant emphasis on maximising affordable housing. The procurement follows a competitive dialogue method and is in the tender stage as of 21st February 2025, with the tender deadline set for 18th July 2025. The contract is expected to start on 11th November 2025 and run for an initial six-year term, with an option to extend for another four years upon Council approval. The estimated total value for Lot A, Lot B, and optional pipeline sites is £655,905,618. This tender presents considerable opportunities for businesses specializing in construction, housing development, and real estate sales. The selective procurement method favours companies capable of engaging in detailed and competitive dialogues to tailor their proposals to the Council's needs. SMEs are encouraged to participate, potentially positioning themselves as key players in large-scale urban development projects. This opportunity is ideal for firms with experience in delivering residential projects, particularly those with a focus on affordable housing and sustainable development. ## Notice The London Borough of Southwark ('the council') is seeking two development Partners ('Partner' or 'Partners') to fund, design, develop and undertake sales activity for two multi-site lots ('Lot A' and 'Lot B') within the Borough, via Development Agreements. The purpose is to work in partnership with the two Partners on the respective lots to deliver good quality and sustainable homes, with a key priority to maximise the numbers of affordable housing in each of the Lots. The sites forming the development programme are split across two Lots (with the Council appointing a different Partner for Lot A and Lot B each). Through the Development Agreements, the Council requires the two Partners to develop a package of sites in two distinct areas of the borough for each Lot, to deliver predominantly residential-led schemes with affordable housing and market housing (as well as potentially other buildings, structures and landscaping as required). Applicants should note that a single pool of Pipeline Sites also falls within scope of the overall procurement. The Council reserves the right, at its sole discretion, to bring forward any or all of the Pipeline Sites in either Lot, and to offer those sites to the developer who has been successful in either Lot. There is a single pool of Pipeline Sites and Applicants should note that it remains at the Council's sole discretion to which (if any) of the Lots those Pipeline Sites may be offered. For the avoidance of doubt, there is no guarantee that any or all of the Pipeline Sites will be offered to either developer in either Lot A or Lot B during the course of the development programme. Where a developer is offered a Pipeline Site and the developer chooses to opt to include that Pipeline Site as part of the programme, the Pipeline Site will become subject to the terms of the Development Agreement. Taking forward any of the "Pipeline Sites" will be subject to council decision-making processes which have not yet been completed. This includes taking account of the outcomes of any resident ballots. The estimated duration of the contract is for a term of six (6) years, with an option to extend at the Council's sole discretion by a further period of 4 years (subject to obtaining Council approval to such extension), giving a total possible contract term of 10 years. The estimated value of Lot A excluding any pipeline sites is PS128,857,182 (GDV) The estimated value of Lot B excluding any pipeline sites is PS135,442,064 (GDV) The estimated value of the optional pipelines sites is PS391,606,372 (GDV) The estimated value of Lot A, B and Pipeline sites is PS655,905,618 (GDV) Additional information: The procurement documents are available for unrestricted and full direct access, free of charge, at https://procontract.due-north.com Additional information can be obtained from the above-mentioned address Tenders or requests to participate must be submitted electronically via https://procontract.due-north.com ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3827d9d0-63fd-43a9-8e22-b8e0a0338baa | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Works | | Procurement method | Selective | | Procurement method details | Competitive dialogue (above threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 21 Feb 2025 | | Submission deadline | 18 Jul 2025 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 11 Nov 2025 - 1 Apr 2031 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £655,905,618 | | 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 | LONDON BOROUGH OF SOUTHWARK | | Locality | LONDON | | Post town | South East London | | Postcode | SE1 2QH | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI4 Inner London - East | | ITL 3 | TLI44 Lewisham and Southwark | | Local authority | Southwark | | Electoral ward | London Bridge & West Bermondsey | | Westminster constituency | Bermondsey and Old Southwark | | Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) | ## CPV Codes ### Divisions - 45 - Construction work ### Codes - 45000000 - Construction work ## Release History - 21 Feb 2025 at 09:41 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/3827d9d0-63fd-43a9-8e22-b8e0a0338baa - 21 Feb 2025 at 09:11 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/8816a030-6128-4911-83d4-6792f56699fe ## Documents - https://www.contractsfinder.service.gov.uk/Notice/3827d9d0-63fd-43a9-8e22-b8e0a0338baa 21st February 2025 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/8816a030-6128-4911-83d4-6792f56699fe 21st February 2025 - Opportunity notice on Contracts Finder ## Notice URLs - http://www.southwark.gov.uk - https://procontract.due-north.com ## 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-b2182e08-200f-4cd5-851c-ece70147eb9c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b2182e08-200f-4cd5-851c-ece70147eb9c.json.