---
title: "Re-development of 8 Albert Embankment"
ocid: "ocds-h6vhtk-0359d1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0359d1"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0359d1.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0359d1.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "LONDON FIRE COMMISSIONER"
published: "2022-08-08"
---

# Re-development of 8 Albert Embankment

Buyer: LONDON FIRE COMMISSIONER  
Current stage: Award  
OCID: ocds-h6vhtk-0359d1

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## Summary

The London Fire Commissioner is seeking to modify the ongoing redevelopment project at 8 Albert Embankment, London SE1 7SP, with the aim of meeting regulatory requirements for planning permission. The current contract, valued at approximately £67 million, involves construction works under the category of multi-dwelling buildings, primarily focused on urban development and site development. The procurement process, initiated as a tender, is currently in the award stage, and modifications propose a simplified development scheme for the Front Site and associated lands, crucial for securing the necessary planning permissions.

This tender presents significant business opportunities for construction firms and development partners, particularly those with expertise in multi-dwelling building construction and urban development. Companies that specialise in sustainable development practices, historical restoration, or community-centric construction projects would be particularly well-suited to compete. The engagement in this project not only allows for potential financial growth through a substantial contract but also contributes to urban regeneration and the fulfilment of community facilities, including the re-provisioning of a fire station and the establishment of a new museum.

## Notice

Re-development of 8 Albert Embankment

### Lot Information

Lot 1

Re-development of 8 Albert Embankment. Additional information: Modifications to meet the regulatory requirements of the planning authority will be made to develop the Front Site and land at Newport Street which retains the features and objectives of the Agreed Scheme, fulfills the Authority's Facilities Condition and the other conditions precedent; a separate planning application will be made for that part of the Rear Site known as the Workshop

### Procurement Information

This Notice is being published for the sake of transparency and voluntarily since the proposal to which it refers (see VI.3) is an intention to modify an existing contract in a way permitted under the relevant procurement rules and which therefore does not require a new procurement procedure or the prior publication of a contract notice. The Contract Notice sought the appointment of a development partner in order to achieve the best consideration reasonably obtainable from a disposal of the Authority's interest in land at 8 Albert Embankment whilst re-providing Lambeth Fire Station and providing a new London Fire Brigade Museum. In conformity with that Notice, published on 15/09/2016, the Authority entered into a Development and Lease Agreement on 24/08/2016 ("the Contract") for a phased mixed use development of its land at 8 Albert Embankment, London SE1 7SP, the Workshop at Lambeth High Street and land on the west side of Newport Street ("The Development Site") which included up to 264 residential units, a new fire station, museum ("the Authority's Facilities Condition") and a hotel of up to 200 bedrooms ("the Agreed Scheme"). The Contract Award Notice dated 15/09/2016 confirmed that the successful tenderer was to pay the Authority a sum to be assessed through a price adjustment mechanism in the Contract following the grant of planning permission. The Contract provided that the "Purchase Price" for the Development Site to deliver the Agreed Scheme was PS67,150,000.00, divided between "Front" and "Rear" Sites. The Contract also provided that: the Purchase Price was subject to adjustments in accordance with Schedules 13 and 15 of the Contract. Schedule 15 contained a Land Adjustment Calculation based on the Agreed Scheme's mixed development uses for the Front and Rear Sites referable to defined net internal sq ft areas and specified numbers of hotel bedrooms, reductions to either changed the Purchase Price downwards but subject to the Purchase Price not falling below a "Guaranteed Minimum Purchase Price" ("GMPP") totaling PS24,000,000 on the basis that the both Front and Rear Sites would proceed. The Contract was conditional on the fulfillment of conditions including the obtaining of a "Satisfactory Planning Permission" and fulfilling the Authority's Facilities Condition. The Contract anticipated (but did not require) a single application for Planning Permission for the Agreed Scheme. The proposal is to modify the Contract as it has proven impossible to secure a Satisfactory Planning Permission for the Agreed Scheme and obtain the best consideration reasonably obtainable as sought in the Contract Notice by pursuing the Agreed Scheme. That outcome has necessitated modifying the Contract in an insubstantial way and as set out in detail in section VI.3

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/021729-2022 |
| 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 |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 8 Aug 2022 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 27 Aug 2016 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £67,000,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LONDON FIRE COMMISSIONER |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE1 0LL |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI44 Lewisham and Southwark |
| Local authority | Southwark |
| Electoral ward | Borough & Bankside |
| Westminster constituency | Bermondsey and Old Southwark |
| Delivery location | TLI45 Lambeth |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | U AND I (8AE |

## CPV Codes

### Divisions

- 45 - Construction work

### Codes

- 45111291 - Site-development work
- 45211340 - Multi-dwelling buildings construction work
- 45211360 - Urban development construction work
- 45212350 - Buildings of particular historical or architectural interest

## Release History

- 8 Aug 2022 at 12:12 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/021729-2022

## Notice URLs

- http://www.london-fire.gov.uk
- https://ted.europa.eu/udl?uri=TED:NOTICE:307505-2015:TEXT:EN:HTML
- https://uk.eu-supply.com/ctm/Supplier/CompanyInformation/Index/33133

## 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-0359d1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0359d1.json.