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plannedFind a Tender · planning Update

Appointment of Preliminary Developer Partner - Mayes Yard

Buyer: Bedford Borough Council →

BuyerBedford Borough Council
Statusplanned
DeadlineNot published
Value£120,000,000
Published11 Jun 2025

What is being bought

Appointment of Preliminary Developer Partner - Mayes Yard Bedford Borough Council wish to appoint a development partner to enter into a development agreement for the redevelopment of Mayes Yard as part of the contracting authority's overall regeneration plans for Bedford Town Centre. The appointed developer will proceed with getting the development through planning permission and beyond. Full construction budget is expected to be £120,000,000.00+

Delivery location

UKH24, GB

Categories

Construction work 45000000Development services of real estate 70110000Architectural, construction, engineering and inspection services 71000000

Lot details

Lot 1

No lot description published.

Statusplanned
Contract periodFrom 1 Apr 2026 to 31 Mar 2034

What is included

ItemCategoryQuantity
1Construction work, Development services of real estate, Architectural, construction, engineering and inspection servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 45. The category anchor is Construction work (45000000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 4517,1274 median · 30.2 average (5,652 of 17,127 with a bid count)3.8 average (6,245 of 17,127 with named award suppliers)Not published
Same buyer3Not publishedNot publishedNot published
Delivery region: UKH24175 median · 6.6 average (7 of 17 with a bid count)1.1 average (7 of 17 with named award suppliers)Not published
Similar published value (0.5×–2×)5093 median · 119.4 average (5 of 509 with a bid count)11.6 average (5 of 509 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetValue not published
No-engagement rationaleNot published
Planning documents1
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Documents & submission route

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-052756
Latest release ID031405-2025
Latest release timestampWed Jun 11 2025 08:19:47 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statusplanned
Procurement methodNot published
Procurement method detailsCompetitive flexible procedure
Main procurement categoryworks
Above thresholdYes
Legal basis2023/54
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender value£120,000,000
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release0
Contracts in latest release0
Parties in latest release2

Notice history

DateEventReference
11 Jun 2025planningUpdate031405-2025
11 Jun 2025planningUpdate031397-2025
5 Jun 2025planningUpdate030108-2025
5 Jun 2025planningUpdate030106-2025
5 Jun 2025planning030104-2025
5 Jun 2025planningUpdate030101-2025
27 May 2025planning027871-2025

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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    "title": "Appointment of Preliminary Developer Partner - Mayes Yard",
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    "description": "Appointment of Preliminary Developer Partner - Mayes Yard\nBedford Borough Council wish to appoint a development partner to enter into a development agreement for the redevelopment of Mayes Yard as part of the contracting authority's overall regeneration plans for Bedford Town Centre.\nThe appointed developer will proceed with getting the development through planning permission and beyond.\nFull construction budget is expected to be £120,000,000.00+",
    "communication": {
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    },
    "aboveThreshold": true,
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  "parties": [
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        "countryName": "United Kingdom",
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      },
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        "format": "text/html",
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        "documentType": "plannedProcurementNotice",
        "datePublished": "2025-06-11T09:19:47+01:00"
      }
    ]
  },
  "initiationType": "tender"
}
Complete JSON history (7 releases)
11 Jun 2025 · 031405-2025 · planningUpdate
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            "scheme": "CPV",
            "description": "Development services of real estate"
          },
          {
            "id": "71000000",
            "scheme": "CPV",
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          }
        ]
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    ],
    "title": "Appointment of Preliminary Developer Partner - Mayes Yard",
    "value": {
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    },
    "status": "planned",
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    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "Appointment of Preliminary Developer Partner - Mayes Yard\nBedford Borough Council wish to appoint a development partner to enter into a development agreement for the redevelopment of Mayes Yard as part of the contracting authority's overall regeneration plans for Bedford Town Centre.\nThe appointed developer will proceed with getting the development through planning permission and beyond.\nFull construction budget is expected to be £120,000,000.00+",
    "communication": {
      "futureNoticeDate": "2025-06-16T23:59:59+01:00"
    },
    "aboveThreshold": true,
    "mainProcurementCategory": "works",
    "procurementMethodDetails": "Competitive flexible procedure"
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  "parties": [
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        "locality": "Bedford",
        "postalCode": "MK42 9AP",
        "countryName": "United Kingdom",
        "streetAddress": "Borough Hall, Cauldwell Street"
      },
      "details": {
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    },
    {
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      "name": "CBRE LIMITED",
      "roles": [
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      "address": {
        "region": "UKI32",
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        "postalCode": "W1G 0NB",
        "countryName": "United Kingdom",
        "streetAddress": "Henrietta House"
      },
      "details": {
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      "contactPoint": {
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  "language": "en",
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        "format": "text/html",
        "noticeType": "UK1",
        "description": "Pipeline notice on Find a Tender",
        "documentType": "plannedProcurementNotice",
        "datePublished": "2025-06-11T09:19:47+01:00"
      }
    ]
  },
  "initiationType": "tender"
}
11 Jun 2025 · 031397-2025 · planningUpdate
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          {
            "id": "71000000",
            "scheme": "CPV",
            "description": "Architectural, construction, engineering and inspection services"
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    "title": "Procurement of a development partner for the redevelopment of Mayes Yard",
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    "description": "Appointment of Preliminary Developer Partner - Mayes Yard\nBedford Borough Council wish to appoint a development partner to enter into a development agreement for the redevelopment of Mayes Yard as part of the contracting authority's overall regeneration plans for Bedford Town Centre.\nThe appointed developer will proceed with getting the development through planning permission and beyond.\nFull construction budget is expected to be £120,000,000.00+",
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    },
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      "name": "Bedford Borough Council",
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        "region": "UKH24",
        "country": "GB",
        "locality": "Bedford",
        "postalCode": "MK42 9AP",
        "countryName": "United Kingdom",
        "streetAddress": "Borough Hall, Cauldwell Street"
      },
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        "id": "PLCV-4616-VTHL",
        "scheme": "GB-PPON"
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        "url": "https://www.find-tender.service.gov.uk/Notice/031397-2025",
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        "description": "Preliminary market engagement notice on Find a Tender",
        "documentType": "marketEngagementNotice",
        "datePublished": "2025-06-11T09:09:25+01:00"
      }
    ],
    "milestones": [
      {
        "id": "engagement",
        "type": "engagement",
        "status": "met",
        "dateMet": "2025-05-22T00:00:00+01:00",
        "description": "Between March and May 2025 the contracting authority's advisors undertook a market engagement exercise. They engaged with suppliers to establish the level of interest in the development site and the key parameters for undertaking a procurement.\nThe exercise was also utilised to understand whether any elements of the proposed scheme / the contracting authority's emerging thinking raised any factors bearing on the procurement or commercial terms being developed by the contracting authority within the market.\nTo enable market engagement, a written presentation was developed and given to a number of suppliers being primarily those developers that carry out town centre or other developments with or for public bodies.\nThe presentation gave details of the opportunity, including a review of the contracting authority's objectives for the development, excerpts from a massing study commissioned by the contracting authority and details of the proposed procurement route and contracting method.\nThe presentation was used to facilitate meetings with potential suppliers. The meetings took place both virtually over MS Teams, and in-person at the contracting authority's commercial advisors office in London.\nThemes discussed during the presentations included:\n•\tInitial observations about the proposed development.\n•\tThe size and nature of the development and any proposed uses.\n•\tThe contracting authority's thinking on the Central Library, Corn Exchange and Harpur Suite.\n•\tMatters in respect of the development 'red line' boundary, land assembly and land ownerships at the development site.\n•\tViability and funding factors.\n•\tThe procurement approach including consideration of framework appointments.\nThe market engagement further included suppliers attending engagement sessions with the contracting authority during UKREiiF in May 2025.\nDuring the engagement sessions the following were among matters covered:\n•\tAll interested suppliers engaged with were supportive of the proposed contractual approach (i.e. entry into a Development Agreement with the contracting authority).\n•\tSome suppliers advocated the use of a framework in but were willing to take part in a Competitive Flexible Procedure procurement .\n•\tAll interested suppliers confirmed a preference for a procurement process that primarily focussed on the partnership between the contracting authority and developer.\n•\tSome suppliers sought flexibility in the financial standing test to be used for selecting tenderers.\n•\tSuppliers sought as much clarity as possible over the roles and funding in respect of the Central Library relocation, Corn Exchange and Harpur Suite.\nThe responses and feedback received (including from meetings held) have informed the contracting authority's requirements, procurement approach, conditions for participation and award criteria, likely suppliers who may be able to supply the services and works, and the intended commercial terms.\nThe engagement also helped the contracting authority to establish marked knowledge of, and interest in, the opportunity.\nSteps were taken and will continue to ensure that the suppliers involved in this market engagement are not put at an unfair advantage in any competition in relation to a contract award to be carried out. It is the contracting authority's intention to publish a tender notice in mid / late June 2025.\nIt should be noted that the 'total value (estimated)' stated in this notice is an expression of the estimated gross development value of the development which could be delivered through the opportunity."
      }
    ]
  },
  "initiationType": "tender"
}
5 Jun 2025 · 030108-2025 · planningUpdate
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        "streetAddress": "Borough Hall, Cauldwell Street"
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    {
      "id": "GB-COH-03536032",
      "name": "CBRE LIMITED",
      "roles": [
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        "region": "UKI32",
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        "countryName": "United Kingdom",
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      },
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      "roleDetails": "Procurement Leads",
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      },
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          "id": "PHHJ-5567-CWPY",
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    }
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      {
        "id": "030108-2025",
        "url": "https://www.find-tender.service.gov.uk/Notice/030108-2025",
        "format": "text/html",
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5 Jun 2025 · 030106-2025 · planningUpdate
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5 Jun 2025 · 030104-2025 · planning
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5 Jun 2025 · 030101-2025 · planningUpdate
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27 May 2025 · 027871-2025 · planning
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  "date": "2025-05-27T16:40:08+01:00",
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