---
title: "Development at Friar's Close, Bear Lane and 1 and 3 Burrell Street, London"
ocid: "ocds-h6vhtk-031f42"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-031f42"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-031f42.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-031f42.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "THE RIVERSIDE GROUP LIMITED AND RIVERSIDE REGENERATION (SOUTHWARK) LIMITED"
published: "2022-03-08"
---

# Development at Friar's Close, Bear Lane and 1 and 3 Burrell Street, London

Buyer: THE RIVERSIDE GROUP LIMITED AND RIVERSIDE REGENERATION (SOUTHWARK) LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-031f42

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## Summary

The procurement process involves The Riverside Group Limited and Riverside Regeneration (Southwark) Limited as the buying organisation, focusing on a tender titled "Development at Friar's Close, Bear Lane and 1 and 3 Burrell Street, London." This project falls within the construction industry category and is located in Southwark, London. Currently, this tender is in the Award stage, with key contracts signed on 8 March 2022. The procurement method used is a limited procedure, without prior publication of a call for competition, and aims for the construction of between 80 and 120 new homes, including affordable housing units.

This tender presents ample opportunities for businesses in the construction and housing development sectors. Companies that specialise in residential construction, affordable housing, and development management would be particularly well-suited to compete for these contracts. Given the estimated values of the construction and development agreements ranging from £20 million to £40 million, businesses positioned to meet these requirements can leverage this project for significant growth and expansion in the London market.

## Notice

The Project is the carrying out of a mixed tenure housing development on the Site at 1 to 26 Friar's Close, Bear Lane and 1 and 3 Burrell Street, through a joint venture arrangement. Subject to detailed design / planning, it is anticipated that the development will comprise the construction of between 80 and 120 new homes. The affordable/ private unit split has yet to be fully determined, though as a minimum the development will involve the re-provision of 28 existing affordable units on the Site.

### Lot Information

Lot 1

The Project is the carrying out of a mixed tenure housing development on the Site at 1 to 26 Friar's Close, Bear Lane and 1 and 3 Burrell Street, through a joint venture arrangement. Subject to detailed design / planning, it is anticipated that the development will comprise the construction of between 80 and 120 new homes. The affordable/ private unit split has yet to be fully determined, though as a minimum the development will involve the re-provision of 28 existing affordable units on the Site. The joint venture contractual arrangements between the parties will be structured as follows: (i) Riverside Regeneration (Southwark) Limited (RRS) (an entity within the same group as The Riverside Group Limited (RGL)) and Mount Anvil (Friars Close) Limited will form a joint venture entity (the "LLP") on a 50/50 basis pursuant to the terms of an LLP Agreement; (ii) RGL will transfer a long leasehold interest in the Site to the LLP pursuant to the terms of an Agreement for Lease; (iii) The LLP will award a Construction Contract to Mount Anvil Limited for the carrying out of the construction works on the Site. The construction works will consist of the construction of the affordable and private sale units, and associated infrastructure works. The estimated value of the Construction Contract is between PS20 million and PS40 million; (iv) The LLP will enter into a Development Management Agreement (DMA) with Mount Anvil (Development Management) Limited. Under the DMA Mount Anvil (Development Management) Limited will provide various development management, planning, sales and marketing services in relation to the development. The estimated value of the DMA is between PS1 million and PS2 million; (v) The LLP will sell the private units that are constructed on the Site on the open market; and (vi) RGL will enter into an Affordable Housing Development Agreement with the LLP for the delivery of the affordable housing units that are constructed on the Site. The affordable units will be retained by RGL following completion. The estimated value of the Affordable Housing Development Agreement is between PS10 million and PS20 million.

### Procurement Information

The Contracting Authorities consider that the contractual arrangements referred to in section II.2.4 of this Notice fall outside the scope of the Public Contracts Regulations 2015 (PCR) for the following reasons: 1. The LLP Agreement is an agreement for the establishment, governance and operation of the LLP. It is not a works, services or supply contract for the purposes of the PCR, hence it falls outside of their scope. 2. The Agreement for Lease is an agreement for the disposal of an interest in land, and so is excluded from the scope of the PCR by virtue of Regulation 10(1)(a) of the PCR. It will not place the LLP under a positive and enforceable obligation to develop the Site to a specification prescribed by RGL. 3. The Construction Contract and DMA to be awarded by the LLP fall outside the scope of the PCR because the LLP will not meet the definition of a "body governed by public law" in Regulation 2(1) of the PCR nor, therefore, will it be classified as a "contracting authority" for the purposes of the PCR. This is due to the fact that the LLP will have a commercial character on account of it being a "for profit" entity with general commercial objects which exists for the predominant purpose of maximising profits from the development activities it undertakes. 4. The Affordable Housing Development Agreement is to be awarded by RGL to the LLP pursuant to Regulation 32(2)(b)(iii) of the PCR. Due to an exclusive right which the LLP will have at the point of award of the Agreement (being its leasehold interest in the Site) RGL will only be able to appoint the LLP to deliver the affordable units for it. It will not be in position to procure the delivery of the affordable housing units from any other party.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/006313-2022 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Works |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | Large, SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 8 Mar 2022 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 8 Mar 2022 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £2,900,001 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THE RIVERSIDE GROUP LIMITED AND RIVERSIDE REGENERATION (SOUTHWARK) LIMITED |
| Locality | LIVERPOOL |
| Post town | Liverpool |
| Postcode | L24 8RF |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD7 Merseyside |
| ITL 3 | TLD72 Liverpool |
| Local authority | Liverpool |
| Electoral ward | Garston |
| Westminster constituency | Liverpool Garston |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 4 |
| Supplier names | MOUNT ANVIL; MOUNT ANVIL (DEVELOPMENT MANAGEMENT; MOUNT ANVIL (FRIARS CLOSE; THE |

## CPV Codes

### Divisions

- 45 - Construction work

### Codes

- 45000000 - Construction work

## Release History

- 8 Mar 2022 at 14:21 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/006313-2022

## Notice URLs

- http://www.riverside.org.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-031f42. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-031f42.json.