---
title: "Euston Station Over Site Development (OSD) -- Master Development Partner (MDP)"
ocid: "ocds-h6vhtk-02ff09"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02ff09"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02ff09.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02ff09.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "HS2 LTD"
published: "2021-12-08"
---

# Euston Station Over Site Development (OSD) -- Master Development Partner (MDP)

Buyer: HS2 LTD  
Current stage: Award  
OCID: ocds-h6vhtk-02ff09

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## Summary

HS2 Ltd is currently engaged in the procurement process for the "Euston Station Over Site Development (OSD) — Master Development Partner (MDP)" project, which is classified under real estate services. This initiative is geared towards the development above and around Euston Station in London and is valued between £2 billion and £4 billion, depending on various factors. As of now, the procurement is in the Award stage, with a contract period extending up to 25 years, potentially extendable to 40 years. The contract was signed on 15th March 2018, following a thorough planning phase that included a significant stay period as mandated by the Public Contracts Regulations 2015.

This tender represents a substantial opportunity for businesses specialising in construction, real estate development, and architectural services, particularly those with experience in large-scale urban development projects. Companies well-suited to compete include large contractors and developers with capabilities in delivering mixed-use developments, civil engineering, and effective project management. The collaboration between HS2 Ltd and Network Rail aims to create significant economic and social benefits, fostering an environment ripe for business growth around this bustling transport hub.

### Lot Information

Lot 1

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 | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/030610-2021 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 8 Dec 2021 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 15 Mar 2018 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £4,000,000,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | HS2 LTD |
| Locality | BIRMINGHAM |
| Post town | Not specified |
| Postcode | N/A |
| Country | Not specified |
| ITL 1 | Not specified |
| ITL 2 | Not specified |
| ITL 3 | Not specified |
| Local authority | Not specified |
| Electoral ward | Not specified |
| Westminster constituency | Not specified |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | LENDLEASE EUROPE HOLDINGS; LENDLEASE EUSTON DEVELOPMENT |

## CPV Codes

### Divisions

- 45 - Construction work
- 70 - Real estate services
- 71 - Architectural, construction, engineering and inspection services

### Codes

- 45000000 - Construction work
- 45200000 - Works for complete or part construction and civil engineering work
- 45210000 - Building construction work
- 45211000 - Construction work for multi-dwelling buildings and individual houses
- 45211340 - Multi-dwelling buildings construction work
- 45211341 - Flats construction work
- 45211350 - Multi-functional buildings construction work
- 45211360 - Urban development construction work
- 45213000 - Construction work for commercial buildings, warehouses and industrial buildings, buildings relating to transport
- 45213100 - Construction work for commercial buildings
- 45213150 - Office block construction work
- 45213300 - Buildings associated with transport
- 45213320 - Construction work for buildings relating to railway transport
- 45213350 - Construction work for buildings relating to various means of transport
- 45215214 - Residential homes construction work
- 70000000 - Real estate services
- 70110000 - Development services of real estate
- 70111000 - Development of residential real estate
- 70112000 - Development of non-residential real estate
- 70120000 - Buying and selling of real estate
- 70123000 - Sale of real estate
- 71200000 - Architectural and related services
- 71210000 - Advisory architectural services
- 71220000 - Architectural design services
- 71221000 - Architectural services for buildings
- 71222000 - Architectural services for outdoor areas
- 71240000 - Architectural, engineering and planning services
- 71300000 - Engineering services
- 71310000 - Consultative engineering and construction services
- 71400000 - Urban planning and landscape architectural services
- 71410000 - Urban planning services
- 71420000 - Landscape architectural services
- 71500000 - Construction-related services

## Release History

- 8 Dec 2021 at 22:45 - AwardUpdate - Award Notice - https://www.find-tender.service.gov.uk/Notice/030610-2021

## Notice URLs

- https://ted.europa.eu/udl?uri=TED:NOTICE:140457-2018:TEXT:EN:HTML
- 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-h6vhtk-02ff09. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02ff09.json.