Find a TenderAwarded
Published 15 Jan 2025, 19:05 GMT

Official UK procurement notice

Development Agreement in relation to Great North Leisure Park and Finchley Leisure Centre

Official notice

Authority: London Borough of Barnet (Local council)

ServicesNegotiated without publication of a contract notice
Awarded value£45,000,000published contract · exc. VAT
Awarded 20 Dec 2024
Awarded to Regal GNLP Limited

What is being bought

Published requirement description

II.1.4) Short Description: The project is for the development of the site to the north of the Great North Leisure Park, Finchley, London. The London Borough of Barnet (LBB) intend to enter into a development agreement with Regal GNLP Limited. LBB is the freeholder of a large area of land including the Great North Leisure Park (“GNLP”) and the Developer owns a long headlease of GNLP and a headlease of land to the north of GNLP (known as Glebelands). Part of the land comprised within the Headlease, is subject to an underlease back to LBB of the current Finchley Leisure Centre. The developer intends to develop a residential led mixed-use scheme on the GNLP site, including the plot occupied by the current Finchley Leisure Centre. LBB has identified that the site to the north of GNLP can accommodate a replacement leisure centre to the current Finchley Leisure Centre and is attracted by this opportunity to refresh facilities and make a step-change in local leisure provision.

CPV: Development of non-residential real estate

The lotProcurement structure

single lot · no lot value published
Lot #1The project is for the development of the site to the north of GNLP

The project is for the development of the site to the north of GNLP. Under the development agreement the parties will vary the Headleases to accommodate a proposed development on the Developer’s site. The Developer will surrender a strip of land to facilitate the development of a Leisure Centre and build the Leisure Centre on the former bowling green site owned by the Council to the north of GNLP. The estimated value of the Leisure Centre is £45MexcVAT. The Leisure Centre will be part funded up to £29M by the developer through land receipts. An alternative scheme in contemplation is a smaller leisure centre with fewer facilities offering a lower cost option in the range of £29–45M. The development is subject to various conditions (planning, funding and ground investigation) and will contain protections if the development of the Leisure Centre does not proceed. This may include a smaller leisure centre or surrender of the lease and retaining the site of the current Leisure Centre. Additional information: Authorisation to proceed with Development Agreement Decision - Great North Leisure Park (GNLP) and Finchley Lido Leisure Centre - Development Agreement (DA) can be accessed by copy and pasting the following into web brower search barnet.moderngov.co.uk/ieDecisionDetails.aspx ↗

Delivery: London · Barnet
Extensions: Subject to performance and budget there is a contractual price review mechanism, and an alternative option for a smaller leisure centre at the same site.

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
  • Price

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Negotiated without publication of a contract notice
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
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
Unspecified in notice
First published
15 Jan 2025, 19:05 GMT
Last source update
15 Jan 2025, 19:05 GMT
FTS notice number
2025/S 000-001430
Classification (CPV)
Development of non-residential real estate
Delivery area
London (UKI71)
Official registry OCID
ocds-h6vhtk-04d069 Find a Tender
Why no open competition

No tenders or no suitable tenders/requests to participate in response to open procedure; The works, supplies or services can be provided only by a particular economic operator due to protection of exclusive rights, including intellectual property rights

Published justification

This VEAT Notice sets out the Council’s intention to directly contract with Regal GNLP Limited (the “Developer”) to develop a New Leisure Centre in North Finchley. There is an anticipated target completion date of January 2029 and an overall long stop date of 5 years from completion. The Council intends to observe a period of at least 10 days from the date of publication of this VEAT and will not enter into the contract during that period. The Council considers that the award of the Development Agreement is permitted pursuant to Regulation 32(2)(b)(iii) of the Public Contracts Regulations 2015 (PCR) which permits the use of negotiated procedure without prior publication for public works contracts, public supply contracts and public service contracts where the works, supplies or services can be supplied only by a particular economic operator on the basis of the protection of exclusive rights, and the absence of competition is not the result of an artificial narrowing down of the parameters of the procurement. The Council’s view is that the development can only be delivered by the Developer because the Developer has exclusive rights under a long leasehold interest in the land and no reasonable alternative or substitute exists. The Council’s view is that because the Developer has a leasehold interest over land which encroaches on the proposed site of the New Leisure Centre and therefore has control of access to the new site, and because Regal would need to surrender part of its current lease on the existing leisure centre to make the entire footprint of the New Leisure Centre available for development, to deliver this project, the Council must enter into contract directly with the Developer. If the Council does not develop the New Leisure Centre, it will be retaining an ageing, inefficient and increasingly expensive asset. No alternative provider could undertake the Development Agreement to develop the New Leisure Centre because the Developer controls access to the land and will need to surrender part of its current lease to the Council to make the New Leisure Centre available for development and there is no alternative suitable site. This absence of competition is not the result of an artificial narrowing down of the parameters of the procurement

Publisher note: To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=915670246 GO Reference: GO-2025115-PRO-29138472

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £45,000,0001 contract exc. VAT
Contracts signed 1latest 20 Dec 2024
Awarded toValueDateStatus
Regal GNLP LimitedSubcontracting: declared£45,000,000 †—Awarded

Contracts

  • Development Agreement in relation to Great North Leisure Park and Finchley Leisure Centre · Regal GNLP Limited

    Signed
    20 Dec 2024
    Value
    £45,000,000
    Status
    active

Contracting authority & participating public bodies

London Borough of Barnet

Contracting authorityLocal CouncilRegional or local authorityGeneral public services 2 Bristol Avenue, London, London, NW9 4EWContact name, email, phone

Dispute resolution & review bodies

  • Royal Courts of JusticeReview body London

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.