---
title: "Option to Purchase Agreement of Land at Courtlands"
ocid: "ocds-h6vhtk-032719"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-032719"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-032719.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-032719.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "MARSHGATE LTD"
published: "2022-03-28"
---

# Option to Purchase Agreement of Land at Courtlands

Buyer: MARSHGATE LTD  
Current stage: Award  
OCID: ocds-h6vhtk-032719

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## Summary

Marshgate Ltd is initiating a procurement process for an Option to Purchase Agreement of land located at Courtlands, Todds Green, Stevenage, Hertfordshire, SG1 2JE. This procurement falls under the industry category of construction works for houses and is at the award stage, with the contract valued at £5,400,000, signed on 28th March 2022. The procurement method used was limited, allowing an award procedure without a prior public call for competition. A voluntary standstill period of 10 days is noted, concluding at midnight on 7th April 2022.

This contract presents significant opportunities for construction firms, particularly those engaged in residential development and land acquisition services. Businesses equipped to handle construction works, especially small and medium-sized enterprises in the industry, would find this tender well-suited to their capabilities. The project is set to involve the construction of 17 dwellings, providing a platform for companies to leverage their skills and resources in a growing housing market.

## Notice

Marshgate is placing a voluntary ex-ante transparency notice to advertise its intention to enter into an option to purchase agreement concerning land at Courtlands, Todds Green, Stevenage, Hertfordshire, SG1 2JE ('the Property') with further details set out below.

### Lot Information

Lot 1

The proposed transaction provides for Marshgate to enter into an option to purchase agreement with EHP Land Development Ltd (EHP) of land at the Property. The Property has the benefit of planning permission for 17 dwellings with associated infrastructure. EHP has entered into an agreement for works for the construction of the dwellings and associated infrastructure with SJM & Co Ltd (SJM) (Agreement for Works). The option to purchase is conditional upon Marshgate entering into a novation agreement with EHP and SJM for Marshgate to be a party to the Agreement for Works in place of EHP. The Agreement for Works specifies that SJM shall construct the dwellings and associated infrastructure as per the planning permission. Additional information: This voluntary ex ante transparency notice is being published to enable the observance of a voluntary standstill period of 10 days. The standstill period will end at midnight on 7th April 2022.

### Procurement Information

This is a voluntary ex ante transparency notice pursuant to regs 99 - 100 of the Public Contract Regulations 2015. Marshgate consider that the proposed transaction is not a public contract and is not caught by the Public Contracts Regulations because: Marshgate have had no influence on the design of the works, The construction of the works will simply be implementing a planning permission that has already been granted and one that Marshgate had no involvement in developing, EHP have already entered into a legally binding contract for the construction of the works, and The option to purchase is conditional on Marshgate entering into the novation of the Agreement for Works. As such, the proposed transaction falls outside the scope of and does not need to comply with Part 2 of the Public Contracts Regulations 2015 (and therefore Directive 2014/24/EU) and may be awarded without prior publication of a Contract Notice in the Official Journal of the European Union.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/008319-2022 |
| 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 | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 28 Mar 2022 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 27 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 | £5,400,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | MARSHGATE LTD |
| Locality | STEVENAGE |
| Post town | Stevenage |
| Postcode | SG1 1HN |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH2 Bedfordshire and Hertfordshire |
| ITL 3 | TLH26 North and East Hertfordshire |
| Local authority | Stevenage |
| Electoral ward | Old Town |
| Westminster constituency | Stevenage |
| Delivery location | TLH23 Hertfordshire CC |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | EHP LAND DEVELOPMENT |

## CPV Codes

### Divisions

- 45 - Construction work
- 70 - Real estate services

### Codes

- 45211100 - Construction work for houses
- 70122200 - Land purchase services

## Release History

- 28 Mar 2022 at 14:58 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/008319-2022

## Notice URLs

- http://www.stevenage.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-032719. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-032719.json.