--- title: "Contracts Finder Award HS2 Ltd - Euston Station - Over Site Development (OSD) Master Development Partner (MDP)" ocid: "ocds-b5fd17-c0efa464-ce58-44b9-a698-47d4cf95c242" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c0efa464-ce58-44b9-a698-47d4cf95c242" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c0efa464-ce58-44b9-a698-47d4cf95c242.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-c0efa464-ce58-44b9-a698-47d4cf95c242.json" source: "Contracts Finder" current_stage: "Award" buyer: "HS2" published: "2018-03-28" --- # Contracts Finder Award HS2 Ltd - Euston Station - Over Site Development (OSD) Master Development Partner (MDP) Buyer: HS2 Current stage: Award OCID: ocds-b5fd17-c0efa464-ce58-44b9-a698-47d4cf95c242 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-c0efa464-ce58-44b9-a698-47d4cf95c242) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-c0efa464-ce58-44b9-a698-47d4cf95c242.json) ## Summary The procurement process involves HS2 Ltd, in collaboration with the Secretary of State for Transport and Network Rail, to appoint a Master Development Partner (MDP) for the Euston Over Site Development (OSD) project, focusing on substantial regeneration at Euston Station in London. The procurement, classified under real estate services, is currently in the Award stage, with the contract awarded on 15 March 2018, and a total contract value of £4 billion set to last for 25 years, extendable up to 40 years. The relevant tender period closed on 17 May 2017. This tender presents significant opportunities for businesses specialising in urban development, real estate services, and construction management, particularly those experienced in large-scale projects. With a focus on creating a high-quality mixed-use development, firms that can integrate planning, financing, and management solutions will find this a suitable avenue for growth. The project aims to enhance economic and social benefits in the local and national context, making it a prime prospect for businesses looking to expand their footprint in regeneration initiatives. ## Notice The Secretary of State for Transport (SoS) is delivering a new terminus station for High Speed 2 at Euston Station. Network Rail (NR) are owners of the adjacent "Conventional Station" and surrounding lands. SoS and NR have brought together their land holdings at Euston, creating an estate capable of accommodating significant commercial and residential development and have prepared a Masterplan to quantify the development potential of the Euston Estate. SoS and NR (together, the Contracting Authorities) have entered into a Collaboration Agreement to effectively pool their respective ownerships in the public interest and also to streamline decision making between the Contracting Authorities. The Overarching Objectives of the Contracting Authorities are to: deliver a high quality mixed use development of the Euston Estate, create significant economic and social benefits for the local, regional and national economy and maximise financial returns from a development of the Euston Estate. The Contracting Authorities have jointly procured an MDP to support the delivery of the Overarching Objectives. The Contracting Authorities have entered into a Contract with the MDP (the Development Agreement and ancillary agreements) to govern the terms of the development of the Euston Estate. The terms of the Contract are designed to secure the delivery of the Overarching Objectives and other key deliverables, broadly covering the following stages: Stage 1 - Masterplanning and Stations Interface, Stage 2 - Outline Planning Application, Stage 3 - Plot Progress, Stage 4 - Estate Management. The Contract together with an agreed form of Business Plan embodies the agreed deliverables and will together be the key documents for judging the performance of the MDP, and contains performance criteria against which the MDP will be measured across the life of the scheme. It is envisaged that the Contract will extend for a period of 25 years unless terminated earlier in specified circumstances, and it may be extended by agreement between the parties (up to a total duration of 40 years). ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e66de976-2470-441b-8fdc-4d84c8395795 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Competitive dialog | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 28 Mar 2018 | | Submission deadline | 17 May 2017 | | Future notice date | Not specified | | Award date | 15 Mar 2018 | | Contract period | 15 Mar 2018 - 14 Mar 2043 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £20,000,000 | | Lots value | Not specified | | Awards value | £4,000,000,000 | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Not specified | | Awards status | Active | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | HS2 | | Locality | BIRMINGHAM | | Post town | Birmingham | | Postcode | B4 6GA | | Country | England | | ITL 1 | TLG West Midlands (England) | | ITL 2 | TLG3 West Midlands | | ITL 3 | TLG31 Birmingham | | Local authority | Birmingham | | Electoral ward | Ladywood | | Westminster constituency | Birmingham Ladywood | | Delivery location | TLI London | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | LENDLEASE EUROPE HOLDINGS | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70000000 - Real estate services ## Release History - 28 Mar 2018 at 12:46 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e66de976-2470-441b-8fdc-4d84c8395795 - 13 Apr 2017 at 12:45 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/bf3476fe-6aa2-4b4d-b809-0336430a6c70 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/e66de976-2470-441b-8fdc-4d84c8395795 28th March 2018 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/bf3476fe-6aa2-4b4d-b809-0336430a6c70 13th April 2017 - Opportunity notice on Contracts Finder - https://hs2.bravosolution.co.uk Link to eSourcing Portal ## Notice URLs - https://www.gov.uk/government/organisations/high-speed-two-limited ## 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-c0efa464-ce58-44b9-a698-47d4cf95c242. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c0efa464-ce58-44b9-a698-47d4cf95c242.json.