---
title: "The Forum, King's Quarter, Gloucester"
ocid: "ocds-h6vhtk-028a8f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-028a8f"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-028a8f.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-028a8f.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "GLOUCESTER CITY COUNCIL"
published: "2021-01-15"
---

# The Forum, King's Quarter, Gloucester

Buyer: GLOUCESTER CITY COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-028a8f

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## Summary

The procurement process involves Gloucester City Council seeking to establish a development funding agreement with RG17 Limited and Reef Estates Limited for the project titled "The Forum, King's Quarter" in Gloucester. This initiative falls under the category of 'Development of non-residential real estate' and is currently in the Award stage, having been finalised on 13 January 2021. The overall contract is valued at £94 million, with approximately 86% of this amount expected to be subject to public procurement processes. The project will be executed in two phases, with the first phase located at Market Parade, Gloucester City Centre, and the second focused on the Forum, King's Quarter site.

This tender represents a significant opportunity for businesses engaged in construction, consultancy, and property management services, particularly those experienced in mixed-use developments. Companies with expertise in delivering retail, leisure, and residential projects will be well-suited to compete, especially since a substantial portion of the contract is likely to be subcontracted to third parties. The collaborative nature of this venture also opens avenues for innovation and partnership among service providers, contributing to the revitalisation of Gloucester’s urban landscape.

## Notice

The Council will enter into a development funding agreement (DFA) with RG17 Limited and Reef Estates Limited (which are connected organisations) for a mixed use, urban campus known as King's Quarter. The Council and Reef Estates Limited both have land interests in the site. They will deliver retail, leisure and office space, dwellings and a hotel together with a multi-storey car park. On completion of the development Reef Estates Limited will transfer its land interest to the Council. The development will be undertaken in 2 phases. Works required to deliver the development (and a number of consultancy services) will be procured in accordance with an OJEU or UK Find a Tender procedures or under Frameworks. Reef/RG17 will also provide management and maintenance services for 5 years. RG17 and Reef (or a group member) will take a 5 year lease of incubator offices and provide a guarantee to the Council in connection with rent from the hotel.

### Lot Information

Lot 1

The Council, RG17 Limited and Reef Estates Limited consider their arrangement to be a joint endeavour to work together to revitalise an area of the City Centre. An element of the arrangements includes an obligation on RG17Limited / Reef Estates Limited to lease the proposed incubator office space for 5 years and further to provide a guarantee to the Council in relation to rental income from the proposed hotel. In order to be transparent the Council has listed the total value at PS94,000,000 (Indexed) - some 86% of that value will be subject to public procurement. OJEU procurement or Frameworks (for Phase 1) and after 31st December 2020 under the UK's 'Find a Tender Procedure' or existing OJEU Frameworks which the Council has access to. The development will be delivered in two Phases. Phase 1 is a site in Market Parade Gloucester City Centre and has a value of approximately PS8 million (Indexed).This will deliver retail and residential space. Phase 2 will be centred at the Forum, King's Quarter site Gloucester City Centre and has a value of approximately PS86 million (indexed). This phase will deliver office, hotel and leisure space, together with a multi-storey car park. Phase 2 will be subject to a viability test which may result in changes to the uses and size of buildings delivered or even that Phase 2 does not proceed. The medium and long term economic impact of Covid19 on urban spaces is still uncertain. The parties may enter into ancillary agreements with each other and/or with those third parties which they procure to provide development services/works. The parties also contemplate entering into lease and guarantee agreements with each other in order to give effect to RG17 Limited/Reef Estates Limited's commitment to lease the proposed incubator office space and provide a guarantee to the Council in relation to rental income from the proposed hotel. RG17 Limited and Reef Estates Limited are part of the same group of companies and it is possible (though not expected) that another of their group companies could be involved in these arrangements. As part of the arrangements RG17 Limited/Reef Estates Limited will also provide general management and maintenance services for a period of 5 years.

### Procurement Information

Award of a contract without prior publication of a call for competition in the Official Journal of the European Union in the cases listed below * The procurement falls outside the scope of application of the directive Explanation: The Council relies on the ground provided in Article 32(2)(b)(iii) of Directive 2014/24/EU and Regulation 32(2)(b)(iii) of the Public Contracts Regulations 2015 as this contract concerns assets which are subject to exclusive rights. Reef Estates Limited have an option over part of the land whereupon the development will take place. Accordingly, the agreement between the Council and Reef Estates Limited cannot be entered into with anyone else. The rights held by Reef Estates Limited/RG17 Limited are exclusive in nature. The Council would not be entering into an agreement to undertake this development but for the opportunity brought to it by RG17 Limited / Reef Estates Limited.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/000825-2021 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Jan 2021 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 13 Jan 2021 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £94,000,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | GLOUCESTER CITY COUNCIL |
| Locality | GLOUCESTER |
| Post town | Gloucester |
| Postcode | GL1 2FB |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK7 Gloucestershire and Wiltshire |
| ITL 3 | TLK73 Gloucestershire CC |
| Local authority | Gloucester |
| Electoral ward | Westgate |
| Westminster constituency | Gloucester |
| Delivery location | TLK13 Gloucestershire CC |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | RG17 |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70111000 - Development of residential real estate
- 70112000 - Development of non-residential real estate
- 70130000 - Letting services of own property
- 70220000 - Non-residential property renting or leasing services
- 70332000 - Non-residential property services

## Release History

- 15 Jan 2021 at 09:31 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/000825-2021

## Notice URLs

- https://www.gloucester.gov.uk

## 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-h6vhtk-028a8f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-028a8f.json.