---
title: "Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner"
ocid: "ocds-h6vhtk-035b2c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-035b2c"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-035b2c.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-035b2c.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "LONDON LEGACY DEVELOPMENT CORPORATION"
published: "2022-08-11"
---

# Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner

Buyer: LONDON LEGACY DEVELOPMENT CORPORATION  
Current stage: Award  
OCID: ocds-h6vhtk-035b2c

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## Summary

The London Legacy Development Corporation has awarded the contract for the development of the Stratford Waterfront and Bridgewater residential projects to Ballymore Limited. The total contract value is £600 million in GBP. This procurement process was conducted using an award procedure with prior publication under the Concession Contracts Regulations 2016. The contract was signed on 26th July 2022, and the duration of the contract is 7200 days. The main procurement category is works, and the industry category is urban development construction work.

This tender provides significant business opportunities for companies in real estate services, development services of real estate, building construction work, and related fields. Businesses involved in architectural design, construction consultancy services, and civil engineering consultancy services would be well-suited to compete for this tender. The procurement process is currently in the award stage, and the award criteria were based on the criteria specified in the procurement documents. The location of the project is in Inner London – East, and the buying organisation, London Legacy Development Corporation, is a body governed by public law with expertise in regeneration projects.

## Notice

London Legacy Development Corporation ('LLDC') has appointed a development partner to form a corporate joint venture ("JV"). The JV shall deliver the Stratford Waterfront and Bridgewater residential developments ('the Sites') pursuant to a development agreement with LLDC ("DA"). The opportunity was advertised in the OJEU (2020/S 199-483916) and procured under the Concession Contracts Regulations 2016.

### Lot Information

Lot 1

See II.1.4 above and note the following: 1) LLDC has appointed a developer partner to jointly deliver the development of the Sites through a 50%/50% incorporated vehicle (the "JV") which shall be governed by a joint venture agreement. 2) the DA shall provide ultimately for a 250 year leasehold interest of the Sites to be granted to the JV. 3) this opportunity may also include the balance of PDZ 8, the Pudding Mill Lane site and PDZ 12, the Rick Roberts Way site both identified in the Legacy Communities Scheme and under the control of LLDC, the total estimated development value for the additional site is PS750m. Any such development of these future sites will be in material conformity with the same terms agreed for the Sites. Future sites are not guaranteed. For further information please visit: https://award.bravosolution.co.uk/londonlegacy/web/project/8d9d1916-866d-45d0-9936-9ceb1c32f5cf/register and https://buildthelegacy.co.uk/

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/022224-2022 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Works |
| Procurement method | Not Specified |
| Procurement method details | Award procedure with prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Aug 2022 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 25 Jul 2022 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £600,000,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £600,000,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LONDON LEGACY DEVELOPMENT CORPORATION |
| Locality | LONDON |
| Post town | East London |
| Postcode | E20 1JN |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Newham |
| Electoral ward | Stratford Olympic Park |
| Westminster constituency | Stratford and Bow |
| Delivery location | TLI4 Inner London - East |

## Supplier

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

## CPV Codes

### Divisions

- 45 - Construction work
- 50 - Repair and maintenance services
- 70 - Real estate services
- 71 - Architectural, construction, engineering and inspection services
- 73 - Research and development services and related consultancy services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security
- 90 - Sewage, refuse, cleaning and environmental services

### Codes

- 45111000 - Demolition, site preparation and clearance work
- 45112700 - Landscaping work
- 45200000 - Works for complete or part construction and civil engineering work
- 45210000 - Building construction work
- 45211300 - Houses construction work
- 45211340 - Multi-dwelling buildings construction work
- 45211341 - Flats construction work
- 45211360 - Urban development construction work
- 45212000 - Construction work for buildings relating to leisure, sports, culture, lodging and restaurants
- 45213110 - Shop buildings construction work
- 45221000 - Construction work for bridges and tunnels, shafts and subways
- 45231000 - Construction work for pipelines, communication and power lines
- 45231221 - Gas supply mains construction work
- 45231223 - Gas distribution ancillary work
- 45231300 - Construction work for water and sewage pipelines
- 45231400 - Construction work for electricity power lines
- 45232140 - District-heating mains construction work
- 45232450 - Drainage construction works
- 45233100 - Construction work for highways, roads
- 45233260 - Pedestrian ways construction work
- 45247100 - Construction work for waterways
- 45259300 - Heating-plant repair and maintenance work
- 45330000 - Plumbing and sanitary works
- 50700000 - Repair and maintenance services of building installations
- 50710000 - Repair and maintenance services of electrical and mechanical building installations
- 70000000 - Real estate services
- 70110000 - Development services of real estate
- 70123100 - Sale of residential real estate
- 70331000 - Residential property services
- 71000000 - Architectural, construction, engineering and inspection services
- 71220000 - Architectural design services
- 71240000 - Architectural, engineering and planning services
- 71251000 - Architectural and building-surveying services
- 71311000 - Civil engineering consultancy services
- 71315200 - Building consultancy services
- 71400000 - Urban planning and landscape architectural services
- 71530000 - Construction consultancy services
- 73220000 - Development consultancy services
- 79412000 - Financial management consultancy services
- 79418000 - Procurement consultancy services
- 79710000 - Security services
- 79992000 - Reception services
- 79993000 - Building and facilities management services
- 90911200 - Building-cleaning services

## Release History

- 11 Aug 2022 at 18:05 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/022224-2022

## Notice URLs

- http://www.queenelizabetholympicpark.co.uk
- https://award.bravosolution.co.uk/londonlegacy/web/project/8d9d1916-866d-45d0-9936-9ceb1c32f5cf/register
- https://buildthelegacy.co.uk/
- https://ted.europa.eu/udl?uri=TED:NOTICE:483916-2020:TEXT:EN:HTML
- https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=712863319

## 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-035b2c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-035b2c.json.