Find a TenderClosed
Published 14 Jun 2023, 16:05 BST

Official UK procurement notice

3 mills studios future operator- sublease opportunity

Official notice

Authority: London Legacy Development Corporation Limited (LLDC)

ServicesRestricted procedure
Published estimate£16,000,000≈ £3.2m / year
Submissions closed 14 Jul 2023
Contract term 5 yrsends 31 Aug 2028 · starts 3 Sept 2023

What is being bought

Published requirement description

The LLDC are seeking to dispose of their long leasehold interest in 3 Mills Studios by way of sublease agreement for a minimum of 10 years. LLDC have nurtured and supported the film and media sectors for many years and are now looking for a single business with significant experience of successfully operating a film studio to protect the film and studio use of the 3 Mills site, to take on the on- going asset management for the entire site and maintain rental income to LLDC at a rent in line with (or above) the current net operating position.

CPV: Entertainment film production

The lotProcurement structure

single lot · value published
Lot #1 5 yrsPublished value£1
Contract period: 3 Sept 2023 – 31 Aug 2028 (5 yrs)
Delivery: London · Hackney and Newham
Second stage: 1–null candidates invited to tenderVariant bids: not allowed

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Restricted procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Closed
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
No (one-off requirement)
First published
14 Jun 2023, 16:05 BST
Last source update
14 Jun 2023, 16:05 BST
FTS notice number
2023/S 000-016923
Classification (CPV)
Entertainment film production
Delivery area
London (UKI41)
Official registry OCID
ocds-h6vhtk-03d647 Find a Tender
Contract terms
Electronic trading
electronic payment
Review and risk notes
Review procedure

LLDC are using a two- stage process in line with the restrictive procedure and are ensuring the overarching procurement principles of transparency, proportionality, non- discriminatory and equal treatment are adhered to.

Do note, as this is a disposal of a lease LLDC are not bounded by the UK Procurement Regulations.

Publisher note: The Contracting Authority is not, and shall not be, liable for any costs, fees or expenses (including (without limitation) any third-party costs, fees or expenses) incurred by any Applicants in considering and/or responding to this procurement process. Tenderers shall be required to price their tender in pounds sterling. All communications will be conducted in English. The Contracting Authority reserves the right not to award any contract and to make whatever changes it sees fit to the timetable, structure and/or content of the procurement process and to cancel the process in its entirety at any stage. The Contracting Authority does not bind itself to enter into any contract. No contractual rights express or implied arise out of this notice or the procedures envisaged by it. Any resulting contracts will be considered contracts made in England and Wales according to English and Welsh law. To view this notice, please click here: <a href="https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=787714442" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=787714442</a> GO Reference: GO-2023614-PRO-23191996

How it was run

Official notice
Run through: Delta eSourcing · Who buys & how to bid on Delta
Public notice page · account needed to bidLanguage: EN
Access & registration note: Free Select account; no DUNS asked at signup
Submission deadline
14 Jul 2023, 12:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bid validity
180 days from the deadline
Detailed submission instructions & authority contactsFrom official release

Timeline

14 Jun 2023 → 3 Sept 2023 · 3 dates
  1. Notice published
    14 Jun 2023, 16:05 BST
  2. Submission deadline
    14 Jul 2023, 12:00 BST
  3. Contract starts
    3 Sept 2023, 00:00 BST

Contracting authority & participating public bodies

London Legacy Development Corporation Limited (LLDC)

Contracting authorityMayoral Development CorporationRegeneration 10885659 5 Endeavour Square, Stratford, London, UK, E20 1JNContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • LLDCReview body London

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria