---
title: "South Thamesmead Phases 2 and 3 Joint Venture Partnership"
ocid: "ocds-h6vhtk-042db6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-042db6"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-042db6.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-042db6.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "PEABODY TRUST"
published: "2024-01-16"
---

# South Thamesmead Phases 2 and 3 Joint Venture Partnership

Buyer: PEABODY TRUST  
Current stage: Award  
OCID: ocds-h6vhtk-042db6

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## Summary

The Peabody Trust has completed a procurement process for the South Thamesmead Phases 2 and 3 Joint Venture Partnership in London, UK. This works procurement involved establishing a 50:50 joint venture with a private sector partner to deliver the regeneration project, including building construction work for housing and community amenities. The procurement method used was a selective Restricted procedure, with Lovell Partnerships Limited being the active supplier awarded the contract worth £300,000, signed on 9th August 2022.

This tender presents business growth opportunities for companies specialising in building construction and related services, as well as those involved in housing and community amenities. The procurement stage was cancelled but resulted in an active contract award, showing potential for future similar opportunities in the UK public sector construction projects. Companies with experience in joint venture partnerships and construction services would be well-suited to compete for similar tenders in the future.

## Notice

Peabody is seeking to establish a 50:50 joint venture ('JV') between Peabody and a private sector partner ('PSP') to deliver phases 2 and 3 of the South Thamesmead regeneration project, at Harrow Manorway, near Abbey Wood, SE2 9LH (the 'Development Site'). The Development Site totals circa 3.1 hectares (7.7 acres) split between a northern plot (Phase 2, c 1.7 ha (4.6 ac)) and southern plot (Phase 3, c 1.2 ha (3.1 ac)).

### Lot Information

Lot 1

50:50 joint venture ('JV') between Peabody and a private sector partner ('PSP') to deliver phases 2 and 3 of the South Thamesmead regeneration project. It is anticipated that the PSP will provide construction services to the JV, and may provide additional professional services. In total the Development Site is estimated to have capacity for c 730 homes and c 1,000 square foot of community space (the latter assumed to be delivered in Phase 2). Phase 2 benefits from an outline planning consent for delivery of up to 329 homes and up to 1,050 square metres of commercial floorspace (London Borough of Bexley ref. 16/01287/OUTM). Recent scheme testing estimates capacity for Phase 3 at c 400 homes. Phase 3 is part of a separate outline application currently being determined by the local planning authority, across a wider area, for up to 1,950 homes and 3,225 square metres of commercial floorspace (ref. 21/01948/OUTEA).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/001526-2024 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Works |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Jan 2024 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 8 Aug 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 | £300,000,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | PEABODY TRUST |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE1 7JB |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI44 Lewisham and Southwark |
| Local authority | Southwark |
| Electoral ward | St George's |
| Westminster constituency | Bermondsey and Old Southwark |
| Delivery location | TLI6 Outer London - South |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | LOVELL PARTNERSHIPS |

## CPV Codes

### Divisions

- 45 - Construction work

### Codes

- 45210000 - Building construction work

## Release History

- 16 Jan 2024 at 19:06 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/001526-2024

## Notice URLs

- http://www.peabody.org.uk
- https://ted.europa.eu/udl?uri=TED:NOTICE:524458-2019:TEXT:EN:HTML
- https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=834232350
- https://www.peabody.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-042db6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-042db6.json.