Elm Grove Regeneration

Concepts

• sutton
• construction work
• elm grove regeneration
• elm grove
• elm
• grove
• regeneration
• demolition
• landscaping work
• site preparation

Location

London Borough of Sutton (Elm Grove Estate)

Description

The London Borough of Sutton ("the Council") is seeking to appoint a partner for the development and regeneration of the Elm Grove estate ("the Scheme") on land within its ownership (the "site"). The Scheme will provide in the region of 300 mixed-tenure homes, as well as commercial / community floor-space at the Market House building on Sutton High Street. Up to 50% of the residential development will be affordable housing, to be purchased by the Council. The duration of the Scheme is expected to be for a period of seven (7) years.

Total Quantity or Scope

The opportunity is for the regeneration and development of the Elm Grove estate in Sutton, the completion of which will provide in the region of 300 mixed-tenure homes, as well as commercial / community floor-space at the Market House building on Sutton High Street. Up to 50% of the residential development will be affordable housing, with the exact tenure split to be determined subject to design and viability. The development partner will be expected, among other things, to: acquire a leasehold interest in the whole site; optimise a pre-existing design; finance and build out the Scheme; deliver the affordable housing units to the Council for a consideration; and sell the private homes. The Council will be responsible for managing the affordable homes and associated communal areas, but not the private units and the communal areas primarily associated with the private units. The estimated total value of the procurement is in the range of: GBP £100 million - GBP £120 million. The estimated value relates to the estimated gross development value in the market of the developed assets. Further information and details about the requirements and scope of the procurement are set out in the Memorandum of Information (MOI) and supporting information which will be available as part of the procurement documents at https://www.londontenders.org/. Continues at III.2.2 below.

CPV Codes

• 45000000 - Construction work
• 45111000 - Demolition, site preparation and clearance work
• 45112700 - Landscaping work
• 45112710 - Landscaping work for green areas
• 45211300 - Houses construction work
• 45211340 - Multi-dwelling buildings construction work
• 45211341 - Flats construction work
• 45211350 - Multi-functional buildings construction work
• 45211360 - Urban development construction work
• 45212000 - Construction work for buildings relating to leisure, sports, culture, lodging and restaurants
• 45213100 - Construction work for commercial buildings
• 45213112 - Shop units construction work
• 45213150 - Office block construction work
• 65300000 - Electricity distribution and related services
• 70000000 - Real estate services
• 71000000 - Architectural, construction, engineering and inspection services
• 73220000 - Development consultancy services
• 90712100 - Urban environmental development planning

Indicators

• Bids should cover the whole contract.
• Performance considerations apply.
• Award on a basis other than price and quality.

Other Information

The estimated values in II.1.5 and II.2.6 represent the potential commercial value of the Scheme. However, potential returns will depend on many commercial factors including (but not limited to) the performance of the developer and market conditions. Bidders should seek independent legal and commercial advice in relation to the potential value of the opportunity and the scheme as a whole. The Concession Contracts Regulations 2016 (CCR 2016) applies to the award. The Council intends to follow a process similar to the Competitive Dialogue procedure in the Public Contracts Regulations 2015 (as amended) (PCR 2015). It reserves the right to deviate from the formalities of the PCR 2015 in conducting the competition due to the flexibilities permitted by the CCR 2016. Award criteria and further concession documents will be provided at the start of the competitive dialogue stages to bidders that are shortlisted to participate. Expressions of interest applications must be by way of completion and return of the selection questionnaire (SQ) (in accordance with the requirements set out in the SQ by the time limit in Section IV.2.2 above). The SQ is available via https://www.londontenders.org/. The Council reserves the right not to award the opportunity or to award only part (or a different arrangement) of the opportunity described in this concession notice.