Find a TenderAwardedContract award notice
Published 17 Jun 2025, 16:16 BST

Official UK procurement notice

Crompton Place - Development Partner Procurement

Official notice

Authority: Bolton Council (Local council)

WorksCompetitive flexible procedureAbove thresholdSME suitable
Published estimate£200,000,000≈ £13m / year · £240,000,000 inc. VAT
Submissions closed 14 Jul 2025awarded 19 Jan 2026
Award (standstill) to FEDERATED HERMES LIMITED
Contract term 15 yrsends 30 Apr 2041 · up to 30 Apr 2046 with extensions · starts 30 Apr 2026

What is being bought

Published requirement description

Bolton Metropolitan Borough Council (the "Council") invite expressions of interest from suitably qualified and experienced suppliers in relation to entering into an agreement with the Council (the "Contract") to become the Council's Development Partner for the redevelopment of Crompton Place, Bolton.

Crompton Place represents an unrivalled opportunity to develop a high quality, residential-led mixed-use scheme at the historic heart of Bolton - the UK's largest and officially happiest town. The site is one of the largest single ownerships opportunities to come to the market in many years. The Council is doing things differently and de-risking the delivery of a key town centre location, allowing ambitious developers to shape the future of the Town Centre.

For the avoidance of doubt, the Council is seeking to appoint a master developer partner to develop the Council's Land, via a Master Development Agreement (MDA). This will allow the parties to form a contractual joint venture approach addressing meanwhile uses and phased delivery. The MDA will provide the usual mechanisms to address the working up of the scheme designs, planning, funding and other conditional delivery items. The initial scope for the MDA will be the Council's Land as defined by the red line boundary in the Information Memorandum. Any future additional development of Additional Council Land or Third Party Land, will be agreed between the parties and is not guaranteed as part of this procurement.

  • How the procedure runs: Interested parties should refer to the Procurement Specific Questionnaire (PSQ) for further details of the Council's intended process for the procurement. This Competitive Flexible Procedure will be conducted in the following 3 stages: 1. Stage 1: Procurement Specific Questionnaire ("PSQ") 2. Stage 2: Invitation to Tender ("ITT) 3. Stage 3: Preferred Supplier Stage ("PSP") Stage 1: PSQ Applicants are invited to express an interest in the Opportunity by completing and returning the PSQ Response Document. The Council will use this stage to confirm that neither the Applicant, nor any related persons within its corporate group, associated persons relied on to meet the conditions of participation, or proposed sub-contractors are an excluded supplier or excludable supplier in accordance with Sections 26 to 31 of the Act. Subject to their being sufficient Applicants qualifying, the Council intends to shortlist up to three (3) Applicants to Stage 2 (ITT). Following confirmation of this shortlist, the Council will formally issue the ITT to the selected Applicants. Stage 1 will complete with Applicants being notified in writing of whether or not they have been successfully shortlisted to participate in Stage 2. Applicants not invited to Stage 2 will be provided with a written explanation of the reasons why they have not been shortlisted to participate in Stage 2. Stage 2: Invitation to Tender Stage 2 will commence with the issuing of a letter inviting Applicants that have successfully passed Stage 1 (each a "Tenderer") to attend one or more dialogue meetings. The Council may, at its discretion, undertake a Dialogue Solutions stage. This stage, if undertaken, is intended to enable Tenderers to prepare a Dialogue Solutions Submission setting out, inter alia, the solutions which have developed through the procurement process to date. Full details will be provided to those Tenderers invited to Stage 2. The Dialogue will conclude with the issuing of letters to all participating Tenderers confirming the closure of dialogue and the invitation of Final Tenders. Following submission of Final Tenders, the Council will carry out an evaluation in accordance with the published Award Criteria and select the Tenderer that represents the Most Advantageous Tender. Such Tenderer shall be known as the "Preferred Tenderer". Following the evaluation of Final Tenders and identification of the "Preferred Tenderer", it is the Council's intention to send Assessment Summary letters to all Tenderers, informing them of the outcome of the process. Shortly after issuing Assessment Summary letters, the Council will publish a Contract Award Notice, setting out the Council's intention to enter into the contractual documents with the Preferred Tenderer. Publication of the Contract Award Notice will commence a 'mandatory standstill period' of at least 8 working days from the date of publication of the Contract Award Notice, in accordance with Section 51 of the Act. Stage 3: Preferred Supplier Stage Following the mandatory standstill period, the highest scoring Tenderer may be invited to engage in further discussions with the Council as part of a preferred supplier stage. This stage will be used to finalise the draft Contract terms and conditions, in accordance with the limitations set out in the Act. Tenderers should note that this is not an opportunity to renegotiate the core terms of the Contract, and the final Contract must reflect the outcome of the legal mark-up dialogue sessions. Stage 3 will end with the Council entering into the Contract with the Preferred Supplier and publication of a Contract Details Notice on the Central Digital Platform (within 30 days of the date on which the Contract is entered into). The Council will also publish a copy of the Contract to the Central Digital Platform in accordance with section 53(3) of the Act. The Council reserves the right to vary the procurement process set out above and in the procurement documents at any stage in the procurement. Please note that the 'contract start date' and 'award decision date' included within this Tender Notice are estimates and may be subject to change.
  • No preliminary market engagement: No PME Notice has been published because the PME predates the new Procurement Act 2023.

CPV: Construction work

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewal 15 yrsPublished value£200,000,000
Contract period: 30 Apr 2026 – 30 Apr 2041 (15 yrs) · up to 30 Apr 2046 with extensionsValue: £200,000,000 exc. VAT · £240,000,000 inc. VAT
Delivery: North West
Extensions: There is an option if all parties agree to extend the term for up to five years on expiry of the initial term.Second stage: up to 3 candidates invited to tender
Pre-qualification & selection criteria (PQQ)3
  • Economic & financial standing

    Legal and financial capacity conditions of participation as set out in the Invitation to Participate.

  • Technical & professional ability

    Technical ability conditions of participation as set out in the Invitation to Participate.

  • Condition of participation

    Bidders should refer to the Procurement Specific Questionnaire

    shortlisting

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 70%Price: 30%
Published sub-criteria (2)
  • Quality: 70%
  • Financial: 30%
Published award criteria (2)
  • Financial: Bidders should refer to further detail on the draft award criteria set out in Appendix 5 of the PSQ. Full and final award criteria will be issued at commencement of the tender stage of the procurement process.
  • Quality: Bidders should refer to further detail on the draft award criteria set out in Appendix 5 of the PSQ. Full and final award criteria will be issued at commencement of the tender stage of the procurement process.
Conditions of participation3
  • Economic & financial standing

    Legal and financial capacity conditions of participation as set out in the Invitation to Participate.

  • Technical & professional ability

    Technical ability conditions of participation as set out in the Invitation to Participate.

  • Condition of participation

    Bidders should refer to the Procurement Specific Questionnaire

    shortlisting
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Competitive flexible procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Works
Notice status
Awarded
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
17 Jun 2025, 16:16 BST
Last source update
20 Jan 2026, 13:44 GMT
Award evaluation window
Submission end – 5 Jan 2026
Authority reference
Q085
FTS notice number
2025/S 000-033071
Latest notice
Contract award notice (UK6)
Classification (CPV)
Construction work
Delivery area
North West (UKD3)
Official registry OCID
ocds-h6vhtk-054e8d Find a Tender
How it runs

Interested parties should refer to the Procurement Specific Questionnaire (PSQ) for further details of the Council's intended process for the procurement.

This Competitive Flexible Procedure will be conducted in the following 3 stages:

  1. Stage 1: Procurement Specific Questionnaire ("PSQ")
  2. Stage 2: Invitation to Tender ("ITT)
  3. Stage 3: Preferred Supplier Stage ("PSP")

Stage 1: PSQ

Applicants are invited to express an interest in the Opportunity by completing and returning the PSQ Response Document.

The Council will use this stage to confirm that neither the Applicant, nor any related persons within its corporate group, associated persons relied on to meet the conditions of participation, or proposed sub-contractors are an excluded supplier or excludable supplier in accordance with Sections 26 to 31 of the Act.

Subject to their being sufficient Applicants qualifying, the Council intends to shortlist up to three (3) Applicants to Stage 2 (ITT). Following confirmation of this shortlist, the Council will formally issue the ITT to the selected Applicants.

Stage 1 will complete with Applicants being notified in writing of whether or not they have been successfully shortlisted to participate in Stage 2. Applicants not invited to Stage 2 will be provided with a written explanation of the reasons why they have not been shortlisted to participate in Stage 2.

Stage 2: Invitation to Tender

Stage 2 will commence with the issuing of a letter inviting Applicants that have successfully passed Stage 1 (each a "Tenderer") to attend one or more dialogue meetings.

The Council may, at its discretion, undertake a Dialogue Solutions stage. This stage, if undertaken, is intended to enable Tenderers to prepare a Dialogue Solutions Submission setting out, inter alia, the solutions which have developed through the procurement process to date. Full details will be provided to those Tenderers invited to Stage 2.

The Dialogue will conclude with the issuing of letters to all participating Tenderers confirming the closure of dialogue and the invitation of Final Tenders.

Following submission of Final Tenders, the Council will carry out an evaluation in accordance with the published Award Criteria and select the Tenderer that represents the Most Advantageous Tender. Such Tenderer shall be known as the "Preferred Tenderer".

Following the evaluation of Final Tenders and identification of the "Preferred Tenderer", it is the Council's intention to send Assessment Summary letters to all Tenderers, informing them of the outcome of the process. Shortly after issuing Assessment Summary letters, the Council will publish a Contract Award Notice, setting out the Council's intention to enter into the contractual documents with the Preferred Tenderer. Publication of the Contract Award Notice will commence a 'mandatory standstill period' of at least 8 working days from the date of publication of the Contract Award Notice, in accordance with Section 51 of the Act.

Stage 3: Preferred Supplier Stage

Following the mandatory standstill period, the highest scoring Tenderer may be invited to engage in further discussions with the Council as part of a preferred supplier stage. This stage will be used to finalise the draft Contract terms and conditions, in accordance with the limitations set out in the Act. Tenderers should note that this is not an opportunity to renegotiate the core terms of the Contract, and the final Contract must reflect the outcome of the legal mark-up dialogue sessions.

Stage 3 will end with the Council entering into the Contract with the Preferred Supplier and publication of a Contract Details Notice on the Central Digital Platform (within 30 days of the date on which the Contract is entered into). The Council will also publish a copy of the Contract to the Central Digital Platform in accordance with section 53(3) of the Act.

The Council reserves the right to vary the procurement process set out above and in the procurement documents at any stage in the procurement.

Please note that the 'contract start date' and 'award decision date' included within this Tender Notice are estimates and may be subject to change.

How it was run

Official notice
Requests to participate (first stage)
14 Jul 2025, 12:00 BST
Submission deadline
14 Jul 2025, 12:00 BST
Clarification deadline
7 Jul 2025, 12:00 BST
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Timeline

17 Jun 2025 → 30 Apr 2026 · 8 dates
  1. Tender notice published
    17 Jun 2025, 16:16 BST
  2. Clarification questions by
    7 Jul 2025, 12:00 BST
  3. Submission deadline
    14 Jul 2025, 12:00 BST
  4. Award decision expected by289 days ago
    5 Jan 2026, 23:59 GMT
  5. Assessment summaries sent275 days ago
    20 Jan 2026
  6. Latest notice published275 days ago
    20 Jan 2026, 13:44 GMT
  7. Standstill ends265 days ago
    29 Jan 2026, 23:59 GMT
  8. Contract starts175 days ago
    30 Apr 2026, 00:00 BST

Notice history

4 events · 2 releases on Find a Tender · since 17 Jun 2025
  1. Tender notice published
    17 Jun 2025, 16:16 BST
    UK4
  2. Contract award notice published
    20 Jan 2026, 13:44 GMT
    UK6
  3. Status changed to complete
    20 Jan 2026, 13:44 GMT
  4. Contract signature expected
    2 Feb 2026, 23:59 GMT
    scheduled

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £20,000,0001 award exc. VAT
Bids received 21 from SMEs
Named bidders 2published on the award notice
Awarded toValueDateStatus
FEDERATED HERMES LIMITED30 Apr 2026 – 30 Apr 2041 · up to 30 Apr 2046Extensions: There is an option if all parties agree to extend the term for up to five years on expiry of the initial term.£20,000,00019 Jan 2026standstill to 29 Jan 2026Standstill

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2final-stage tenders10—

Who bid

Bidders as named on the Procurement Act 2023 award notice. “Won” means the bidder holds an award on this notice.

Contracting authority & participating public bodies

Bolton Metropolitan Borough Council

Contracting authorityPublic authority - sub-central government GB-PPON: PBJZ-9785-JTLD Town Hall, Victoria Square, Bolton, North West, BL1 1RUContact email

Bidders & participating suppliers

2 commercial parties on the notice · 1 awarded
  • FEDERATED HERMES LIMITEDAwarded supplierGB-COH: 01661776GB-PPON: PGPD-8432-PZNZ Sixth Floor, 150 Cheapside, London, London, EC2V 6ETContact email
  • URBAN SPLASH DEVELOPMENTS LIMITEDBidder / tendererGB-COH: 08338877GB-PPON: PQJZ-6379-HTTX Timber Wharf, 16-22 Worsley Street, Manchester, North West, M15 4LD

Official documents & specifications (4)

Official links; attachments are not copied

Tender pack and attachments

  • Bidding documents and specificationstenderBidding documents and specificationswww.the-chest.org.uk
  • Bidding documents and specificationstenderBidding documents and specificationsAccess: www.the-chest.org.uk

Notices published for this procedure

  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender