---
title: "TH 3517 - New Build Contractor (Lyndhurst)"
ocid: "ocds-h6vhtk-05446e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05446e"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-05446e.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-05446e.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "THRIVE HOMES LIMITED"
published: "2025-10-03"
---

# TH 3517 - New Build Contractor (Lyndhurst)

Buyer: THRIVE HOMES LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-05446e

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## Summary

Thrive Homes Limited, based in Hemel Hempstead, has awarded a direct contract for the development of a residential building project located at Lyndhurst Farm, Green Street, Borehamwood. The project, titled "TH 3517 - New Build Contractor (Lyndhurst)", falls under the building construction industry and is in the award stage. The procurement process was a direct award due to exclusive rights held by Hill Residential Limited for the site in question, which have been transferred to Thrive Homes contingent upon Hill Partnerships Limited undertaking the development. The contract for the project was signed on 4th September 2025, commencing on the same day and scheduled to be completed by 31st May 2028, with an overall value amounting to £50,680,000 GBP.

This tender presents significant growth opportunities for businesses involved in large-scale construction projects, particularly those specialising in residential development. As the project has been awarded through direct procurement based on exclusive rights, it limits competitive entry; however, it underscores the importance of strategic partnerships and exclusive collaborations within the industry. Companies similar in scale and capability to Hill Partnerships Limited, which have the potential to negotiate similar exclusive access agreements, would be well-suited to seek out analogous opportunities for growth. The focus on a sizeable project such as this signals robust sector demand within the UK construction industry, potentially inviting subcontracting opportunities and collaborations for auxiliary services and expertise in the residential building sector.

## Notice

Thrive is seeking to enter into a transaction with Hill Residential Limited to purchase land at Lyndhurst Farm, Green Street, Borehamwood WD6 5NF on which it is intended to carry out a residential development. The land required for the development has been assembled by Hill Residential Limited which has carried out (on its own account and not on behalf of Thrive) significant preparatory work in the design and preparation of the development, including submitting designs, reports and other details for the discharging of planning conditions. Hill Residential Limited has an exclusive right to purchase the land comprising the development site. It has agreed to transfer this right to Thrive, but only on the condition that its group company Hill Partnerships Limited carries out the proposed development. The land is not offered for sale without this condition. Thrive therefore considers that Hill Partnerships Limited has an exclusive right to carry out the works required to complete the development for the purpose of paragraph 5 of Schedule 5 to the Procurement Act 2023 and intends to grant a works contract to Hill Partnerships Limited on this basis. Given the exclusive rights held by Hill Residential Limited, a development at this location cannot be acquired from any other person, and Thrive considers that no similar development, with planning permission and ready for construction, can be acquired in the locality as a reasonable alternative.

### Procurement Information

Hill Residential Limited has an exclusive right to purchase the land comprising the development site. It has agreed to transfer this right to Thrive, but only on the condition that its group company Hill Partnerships Limited carries out the proposed development. The land is not offered for sale without this condition. Thrive therefore considers that Hill Partnerships Limited has an exclusive right to carry out the works required to complete the development for the purpose of paragraph 5 of Schedule 5 to the Procurement Act 2023 and intends to grant a works contract to Hill Partnerships Limited on this basis. Given the exclusive rights held by Hill Residential Limited, a development at this location cannot be acquired from any other person, and Thrive considers that no similar development, with planning permission and ready for construction, can be acquired in the locality as a reasonable alternative.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/062176-2025 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Works |
| Procurement method | Direct |
| Procurement method details | Direct award |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Oct 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 5 Jun 2025 |
| Contract period | 3 Sep 2025 - 31 May 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £50,680,000 |
| Contracts value | £50,680,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THRIVE HOMES LIMITED |
| Locality | HEMEL HEMPSTEAD |
| Post town | Hemel Hempstead |
| Postcode | HP3 9TD |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH2 Bedfordshire and Hertfordshire |
| ITL 3 | TLH27 South West Hertfordshire |
| Local authority | Dacorum |
| Electoral ward | Kings Langley |
| Westminster constituency | South West Hertfordshire |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 45 - Construction work

### Codes

- 45210000 - Building construction work

## Release History

- 3 Oct 2025 at 13:11 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/062176-2025
- 6 Jun 2025 at 12:31 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/030589-2025
- 6 Jun 2025 at 12:25 - Award - UK5 - Transparency Notice - https://www.find-tender.service.gov.uk/Notice/030586-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/062176-2025
  3rd October 2025 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/030589-2025
  6th June 2025 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/030586-2025
  6th June 2025 - Transparency notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/Attachment/A-5828
  JCT Volume 1
- https://www.find-tender.service.gov.uk/Notice/Attachment/A-5829
  JCT Volume 4

## Notice URLs

- http://www.hill.co.uk
- https://thrivehomes.delta-esourcing.com/
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-05446e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-05446e.json.