Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner

A Concession Contract Award
by LONDON LEGACY DEVELOPMENT CORPORATION

Source
OJEU
Type
Contract (Works)
Duration
20 year
Value
£600M
Sector
CONSTRUCTION
Published
16 Aug 2022
Delivery
To 16 Aug 2042 (est.)
Deadline
n/a

Concepts

Location

Inner London – East

Geochart for 2 buyers and 1 suppliers

2 buyers

1 supplier

Description

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.

Total Quantity or Scope

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 £750m. 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-45d0-99... and https://buildthelegacy.co.uk/

Award Detail

1 Ballymore (London)
  • Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner
  • Num offers: 3
  • Value: £600,000,000

CPV Codes

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

Indicators

  • Award on a basis other than price and quality.

Other Information

To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=712863319 GO Reference: GO-2022811-PRO-20774916

Reference

Domains