Official UK procurement notice
Contract for Development Partner for Seven Kings Development and Community Hub Site
Authority: London Borough of Redbridge (Local council)
What is being bought
Published requirement descriptionThe London Borough of Redbridge (the Authority) is the freeholder of the site known as Seven Kings Community & Development site at Seven Kings Bridge Car Park Including Public Conveniences And 672, High Road, Seven Kings, Ilford.
The site measures 0.71 hectares and is owned by the Authority. The Authority now wishes to appoint a developer to finance, design and build a community hub facility of at least 1,800m2 to the Authority's requirements (the Hub) on a parcel of the Site. Upon practical completion of the Hub, the Authority will enter into a 999-year lease with the developer to occupy the Hub for peppercorn rent.
To assist with the viability of delivering the Hub the Authority will be inviting bidders (as part of the procurement process) to bid-back on a land value to acquire the Site which will then be transferred by the Authority to the successful bidder under the terms of the scheme.
CPV: Architectural and building-surveying services · Architectural design services · Architectural, engineering and planning services · Car park building construction work · Construction consultancy services · Construction management services · Construction supervision services · Construction work · Construction work for highways, roads · Construction work for houses · Construction work of leisure facilities · Flats construction work · +7 more
The lotProcurement structure
single lot · value publishedLot #1II.2.4) Description of the procurement:Published value£8,000,000
II.2.4) Description of the procurement:
The London Borough of Redbridge (the Authority) is the freeholder of the site known as Seven Kings Community & Development site at Seven Kings Bridge Car Park Including Public Conveniences And 672, High Road, Seven Kings, Ilford.
The site measures 0.71 hectares and is owned by the Authority. The Authority now wishes to appoint a developer to finance, design and build a community hub facility of at least 1,800m2 to the Authority's requirements (the Hub) on a parcel of the Site. Upon practical completion of the Hub, the Authority will enter into a 999-year lease with the developer to occupy the Hub for peppercorn rent.
To assist with the viability of delivering the Hub the Authority will be inviting bidders (as part of the procurement process) to bid-back on a land value to acquire the Site which will then be transferred by the Authority to the successful bidder under the terms of the scheme.
In addition to the development of the Hub the Authority will be requiring the successful developer to also deliver for its own benefit a mixed-use residential development on the Site to assist with the affordability of delivering the Hub in accordance with the provisions of a Masterplan and the Satisfactory Planning Permission. However, the Authority will not be specifying any minimum requirements or volumes that must be delivered on the wider Site in respect of the mixed-use development as the Authority will not be acquire any of these completed outputs on practical completion.
Interested developers should be aware that whilst the expectation is for the delivery of a mixed use development on the Site (with a minimum percentage of which to be for Affordable Housing), subject to planning, alternative outputs may be delivered on the Site. Additional information: The estimated values in II.1.5 and II.2.6 represent the estimated capital cost of delivering the community hub only. It does not include the potential commercial value of the wider development opportunity of the Site. As such 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 duration of the concession stated in II.2.7 is the estimated construction period of the Hub. The scheme will also incorporate obligations to deliver development on the wider Site with within a period of 10 years. Further details of the scheme programme and property structure of the scheme are contained in the procurement documents.
Procedure terms & legal framework
From the official record · publisher note attached- Legal basis
- CELEX · 32014L0023 Concession Contracts Regulations 2016 (Directive 2014/23/EU)
- Procurement category
- Works
- 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
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 15 Feb 2024, 14:32 GMT
- Last source update
- 15 Feb 2024, 14:32 GMT
- Authority reference
DN707635- FTS notice number
2024/S 000-005109- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-043a77Find a Tender
Publisher note: The Concession Contracts Regulation 2016 (CCR) applies to the competition. The Authority intends to follow a process similar to the Competitive Procedure with Negotiation procedure as described in the Public Contracts Regulations 2015 (PCR). However, it reserves the right to deviate from the formalities of the PCR in conducting the competition due to the flexibilities permitted by the CCR. Award criteria and further procurement documents will be provided at the commencement of the Initial Tender competition stage to bidders that are successfully shortlisted to participate. Submission of applications must be by way of completion and return of the selection questionnaire (SQ) (in accordance with the requirements set out in the SQ as available via the link referred to in I.3)) by the date and time specified in Section IV.2.2). The Council reserves the right not to accept submission of applications that are received after the deadline. Bidders are encouraged to submit their submission well in advance of the stated date and time in order to avoid issues such as technical difficulties with the electronic system that may be due to high volumes of traffic attempting to submit applications on the same date at the same time. The Authority 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.
How it was run
Official notice- Submission deadline
- 18 Mar 2024, 16:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
Timeline
15 Feb 2024 → 18 Mar 2024 · 2 dates- Notice published15 Feb 2024, 14:32 GMT
- Submission deadline18 Mar 2024, 16:00 GMT
Contracting authority & participating public bodies
Dispute resolution & review bodies
- The High Court of JusticeReview body
Official documents & specifications (1)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria