Find a TenderPlanned procurementPreliminary market engagement notice
Published 22 Jun 2026, 16:49 BST

Official UK procurement notice

Albert Island Development Opportunity

Authority: Greater London Authority·On behalf of: Places for London Limited

ServicesAbove threshold
Planned pipeline value£220,000,000pipeline notice, not a live tender
Tender notice expected Date not publishedfrom the planned procurement notice
Contract term 10 yrsends 31 Mar 2037 · starts 1 Apr 2027

What is being bought

Published requirement description

GLA Land and Property Limited (GLAP) is advancing plans for the comprehensive redevelopment of Albert Island, a strategically significant 25-acre brownfield employment site in at the Royal Docks, Newham. The site has been selected by GLAP and the City of London Corporation as the preferred location for the co-located new Smithfield and Billingsgate Markets, that will be relocating from their current locations in the City of London and Tower Hamlets respectively.

The opportunity is expected to involve the appointment of a development partner to work with GLAP and the Corporation to bring forward the two new wholesale markets, alongside supporting commercial and ancillary uses. The development will also require the delivery of enabling infrastructure, site servicing, and associated works to unlock the site.

The existing planning consent on the site provides for c.750,000 sq ft of development, while the two new co-located markets are expected to comprise circa c.300,000 sq ft in addition to the supporting commercial and ancillary uses which are less defined.

Working with the Corporation, GLAP is currently testing a range of schemes and delivery options, to inform the preferred approach. To support this, GLAP will be undertaking a Preliminary Market Engagement (PME) exercise. This will provide an opportunity for interested organisations to engage with GLAP, inform the emerging delivery and procurement strategy, and shape the approach to selecting a development partner.

Montagu Evans LLP is supporting GLAP in coordinating the PME process and managing engagement with the market during this stage.

CPV: Development services of real estate

The lotProcurement structure

single lot · no lot value published
Lot #1Planned 10 yrs
Contract period: 1 Apr 2027 – 31 Mar 2037 (10 yrs)
Delivery: London

Who is likely to bid for this lot ↓

Pipeline intelligence · planning stage: how this market runs before the tender is published

How Greater London Authority buys Development services of real estate (CPV 7011), and who usually turns up

Greater London Authority’s own published record, next to the published market for the same work. Frameworks and DPS are kept out: they attract a different number of bids. Whole-market view: Development services of real estate (CPV 7011) →

1

How the contest usually goes

Winner shares use published awards; bid and price charts use contested lots.

Question for the bid
This buyerGreater London Authority · all categories
What to do with it
How often do SMEs win?
i

How often small and medium firms win.

Share of awards where the winner’s size is known.

The counts under this question show how many awards have a known supplier size.

Last 36 months.

Buyer: 7 of 14 known-size awards · market: CPV 7011 · UK-wide, n=10
50%30%

Small firms have won here. Neither number says whether you qualify; it describes who has been winning.

How often do local suppliers win?
i

How often local firms win similar work.

Winners with a registered address in the delivery region, out of awards with a known address.

Here, local means the winner is registered in the region where that contract was delivered.

A local branch does not count if the registered address is elsewhere.

Last 36 months.

Buyer: 17 of 22 known-location awards · market: CPV 7011 · UK-wide, n=11
77%45%

Most of this buyer’s recorded winners are registered in Greater London.

How long to a decision?
i

How long buyers here take to decide after bids close.

Middle value in days from the deadline to the first award notice, on competitions that published both dates.

Only decided tenders count, so slow ones still waiting are not in.

Last 36 months.

Buyer: 4 decided notices · market: division 70 · Greater London, n=12
79 days76 days

Half of these awards were announced within 79 days of the bid deadline.

How often single-bid or direct?
i

How often work is awarded with no recorded rival.

Direct awards and tenders where every published lot count shows one bid.

Both shares are minimums: some awards have no bid count.

Thin markets produce this too; it is not proof of a tailored specification.

Last 36 months.

Buyer: at least 11 of 22 procurements with awards had no recorded rival · market: CPV 7011 · UK-wide, n=14
50%36%

Direct awards or one recorded bid are common here. Check the route before spending time on a bid.

How many bids did past lots attract?

i

How many bids past lots received.

Each colour is a bid-count range. Only competed lots with a published count are included.

Past bids do not predict this tender.

Last 36 months.

This buyer6 lots with bid counts · all categories
50% had one bid
The market28 lots with bid counts · division 70 · Greater London
11% had one bid
Buyer / market · select a colour for counts
1 bid50% / 11%
Buyer: 3 of 6 lots with published bid counts. Market: 3 of 28 lots with published bid counts.
2–317% / 36%
Buyer: 1 of 6 lots with published bid counts. Market: 10 of 28 lots with published bid counts.
4–60% / 36%
Buyer: 0 of 6 lots with published bid counts. Market: 10 of 28 lots with published bid counts.
7+33% / 18%
Buyer: 2 of 6 lots with published bid counts. Market: 5 of 28 lots with published bid counts.

How did awards compare with estimates?

i

Where winning prices landed against estimates.

Each colour shows awards below, close to or above the published estimate, one lot at a time.

Past prices are a guide, not a bid price.

Last 36 months.

This buyer4 lots with estimate and award · all categories · too few to chart
The market23 lots with estimate and award · division 70 · Greater London
57% below estimate
Market · select a colour for counts
Below estimate57%
Market: 13 of 23 lots with an estimate and award.
Within ±2%30%
Market: 7 of 23 lots with an estimate and award.
Above estimate13%
Market: 3 of 23 lots with an estimate and award.
2

Assess each lot
i

What past awards tell you about each lot.

See the forecast, this buyer’s earlier suppliers and firms with relevant wins.

No supplier is confirmed as a bidder.

Open a lot for its forecast, this buyer’s previous supplier and possible competitors, from published award history, not a bid list

Lot #1CPV 7011120 monthsPublished estimate£220m
Expected competition
i

How many bids this lot may attract.

The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.

Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative. The bar shows 28 past lots.

A forecast, not a list of bidders.

—No model forecast yet11% single-bid risk
Past bids on 28 similar lots
1 bid11%
3 of 28 similar past lots received 1 bid (11%).
2–336%
10 of 28 similar past lots received 2–3 (36%).
4–636%
10 of 28 similar past lots received 4–6 (36%).
7+18%
5 of 28 similar past lots received 7+ (18%).
Comparable past lots usually drew 4 bids.
Commercial price forecast
i

Where the award price may land.

The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.

No comparable awards for this lot yet.

A statistical guide from past awards, not a price to bid.

—No model forecast yet
No comparable awards on record for this lot’s category yet. The published estimate is £220m, and the forecast stays empty until the market has a record to read.

Who has supplied this buyer on similar work?
i

Who has done similar work for this buyer.

Past contracts are matched by buyer, title and type of work.

A past supplier may not bid again.

SupplierThis buyer’s earlier contractLotAward valueWhy listed
BDW TradingLive contractRuislip Depot Development Opportunityruns to Jun 2066——Matched as the earlier contract

Who could compete for this lot?
i

Who could compete for this lot?

Firms with relevant past wins. On a framework, we show firms on that agreement.

None is confirmed as a bidder.

Candidate suppliers for this notice have not been worked out yet, so this is not a verdict that nobody fits.

About this data
  • Source. Official UK public procurement notices (Find a Tender), reused under the Open Government Licence v3.0. New notices arrive through the day; the figures are rebuilt nightly.
  • Two views, kept apart. The authority’s own track record and the wider market for the same kind of work sit side by side and are never mixed. Where the local picture is too thin, a figure widens to a broader market and says which one it used.
  • Forecasts are labelled. The price forecast and its range, possible competitors and the earlier-work matches are our estimates from past awards: not published facts, not win chances and not price advice. Official notices do not say who is bidding.
  • Every figure shows what it rests on. Not every notice publishes a bid count, a value or a delivery region, so each figure carries the number of records behind it, and one built on few records is marked as such. The on a figure explains it; the counting rules are in the methodology. Spotted something wrong? Tell us.

What this replaces
i

Who has done similar work for this buyer.

Past contracts are matched by buyer, title and type of work.

51% title match.

A past supplier may not bid again.

The prior contract this notice most likely re-tenders · matched by title and category (51% title match), the holder is not guaranteed to re-bid

Ruislip Depot Development Opportunity — held by BDW Trading; the published contract ends 26 Jun 2066.

Procedure terms & legal framework

From the official record
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Planned procurement
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
22 Jun 2026, 16:49 BST
Last source update
22 Jun 2026, 16:49 BST
Authority reference
Places_00211
FTS notice number
2026/S 000-058681
Latest notice
Preliminary market engagement notice (UK2)
Classification (CPV)
Development services of real estate
Delivery area
London (UKI)
Official registry OCID
ocds-h6vhtk-06ba79 Find a Tender

How it was run

Official notice
Submission deadline
—

Timeline

22 Jun 2026 → 1 Apr 2027 · 3 dates
  1. Planning notice published121 days ago
    22 Jun 2026, 16:49 BST
  2. Market engagement107 days ago
    6 Jul 2026, 23:59 BST

    To inform the future delivery and procurement strategy for the Albert Island project, GLAP will undertake a Preliminary Market Engagement exercise.

    Montagu Evans LLP is supporting GLAP during the PME stage and coordinating engagement activities on behalf of the authority.

    The team wishes to engage with a diverse range of potential bidding parties.

    Interested organisations should email [email protected] with the subject line "Albert Island PME" to request the PME questionnaire and supporting information. Please include the organisation name, contact name, email address, telephone number and a short description of the organisation / consortium.

    Completed questionnaire responses should be returned by email to [email protected] no later than 15:00 on 06/07/2026.

    Following the PME, GLAP may undertake further engagement with selected organisations. It is not expected to be possible for GLAP to invite all interested parties to participate in further engagement. The engagement will focus on those parties with the skills, experience and expertise in delivering similar projects in the UK.

    This Preliminary Market Engagement notice is issued solely for information and market testing purposes. It does not constitute the commencement of a procurement procedure, create any commitment by GLAP to procure a development partner, or constitute any form of pre-qualification process. Responses are sought for market engagement purposes only, and proposals are not invited at this stage. GLAP is not liable for any costs, fees or expenses incurred by any party participating in any aspect of this early market engagement exercise.

  3. Today
    21 Oct 2026
  4. Contract startsin 161 days
    1 Apr 2027, 00:00 BST

Notice history

1 event · 1 release on Find a Tender
  1. Preliminary market engagement notice published
    22 Jun 2026, 16:49 BST
    UK2

Commercial outcome & contract awards

Pipeline notice
Awards (0)
No award published
Contracts (0)
No contract published
Bid statistics
No aggregate bid statistics published

Contracting authority & participating public bodies

2 public bodies on the notice

Greater London Authority (GLA)

Contracting authorityPublic authority - sub-central government GB-PPON: PHGV-7784-TDZZ City Hall, Kamal Chunchie Way, London, London, E16 1ZEContact email

Other public bodies

  • Places for London LimitedProcuring entityProcurement advisor as per the shared service agreement.GB-COH: 08961151GB-PPON: PXWD-1839-NXXY London, LondonContact email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure