Pudding Mill Lane Joint Venture Development Partner Procurement

A Tender Notice
by LONDON LEGACY DEVELOPMENT CORPORATION

Source
Find a Tender
Type
Contract (Works)
Duration
19.5 year
Value
£675M
Sector
CONSTRUCTION
Published
17 Jan 2023
Delivery
To 15 Nov 2042 (est.)
Deadline
28 Feb 2023 13:00

Concepts

Location

Inner London – East

Geochart for 1 buyers and 0 suppliers

Description

London Legacy Development Corporation (‘LLDC’) is seeking to appoint a development partner to form a corporate joint venture (“JV”). The JV shall deliver the Pudding Mill Lane Development (‘the Site’) pursuant to a development agreement with LLDC (“DA”). The DA shall provide for the ultimate grant of a leasehold interest (minimum 250-year term) to the JV for the Site. The Site has the potential to deliver in the region of 948 homes and up to 52,000m2 of non-residential space. The initial value of this concession opportunity is approximately £675m. This opportunity may also include the balance of Planning Development Zone 8, the Pudding Mill Lane site and Planning Development Zone 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.

Total Quantity or Scope

See II.1.4 above and note the following: 1) LLDC is seeking 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 leasehold interest (minimum 250-year term) of the Sites to be granted to the JV. For further information please visit: https://award.commercedecisions.com/londonlegacy/web/project/bb7a3c7c-0a5e-47cf-.... Additional information: 1) the DA shall be entered into by LLDC and the JV 2) key contracts (including building contracts) shall be procured after award by the JV

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

  • This is a one-off contract (no recurrence)

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** The Concession Contracts Regulation 2016 applies to this competition as the development agreement and ancillary joint venture documentation are, together, considered to constitute a works concession. The Selection Questionnaire and Information Memorandum include indicative information regarding the procurement process, including a high level summary of the Award Criteria. The full Award Criteria will be provided within the Invitation to Submit Outline Proposals (“ISOP”). The estimated total value of the contract may be in the region of £675m. To respond to this opportunity, please visit: https://award.commercedecisions.com/londonlegacy/web/project/bb7a3c7c-0a5e-47cf-... To view this notice, please click here: <a href="https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=751377865" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=751377865 GO Reference: GO-2023117-PRO-21930945

Reference

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