Official UK procurement notice
Delivery Partner for Growing Brixton’s Rec Quarter – 49 Brixton Station Road and 6 Canterbury Crescent
Authority: London Borough of Lambeth (Local council)
What is being bought
Published requirement descriptionThe Council entered into a deed of variation with London Square Developments Limited (the Developer) and London Square Limited (the Guarantor) in relation to an existing development agreement between the parties (the Underlying Contract) which was entered into on 28 September 2022 to ensure the viability and deliverability of the scheme under the Underlying Contract. The key variations comprise a reduction in the minimum level of commercial workspace required in alignment with Local Plan policy for mixed-use regeneration schemes, a reduction in minimum affordable housing levels from 50% to 40% and a reduction in the Council's land receipt in line with revised financial modelling and which represents best consideration in today's market.
CPV: Construction work · Real estate services · Real estate services with own property
The lotProcurement structure
single lot · value publishedLot #1The Council entered into a deed of variation with the Developer and the Guarantor in…AwardedPublished value£170,000,000
The Council entered into a deed of variation with the Developer and the Guarantor in relation to an existing development agreement between the parties (the Underlying Contract) to address changing circumstances since the Underlying Contract was entered into in accordance with Reg. 72 of the PCR15. The location, duration and nature of the works remains broadly the same, still delivering new build housing, workspace, street market facilities and public realm improvements subject to a reduction in minimum affordable housing levels to 40% and a reduction in the minimum required level of workspace reprovision in alignment with Local Plan policy for mixed-use regeneration schemes. The Council has received commercial advice to review the updated financial appraisals and ensure that the costs and revenues are commercially reasonable, reflective of the wider market and represent best consideration for the Council. Additional information: The Council has entered into a deed of variation in relation to an existing development agreement in accordance with Reg. 72 of the PCR15. In accordance with Reg. 92 to 104 of the PCR15 the Authority has observed a 10 day standstill period starting from the date of the VTN publication. A modification notice was also published in relation to this Deed of Variation on 19/02/2025(2025/S 000-006029).
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Award procedure without prior publication of a call for competition
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Works
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 1 Apr 2021, 18:06 BST
- Last source update
- 19 Mar 2025, 13:34 GMT
- Authority reference
43828- FTS notice number
2025/S 000-010147- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02a25aFind a Tender
- Why no open competition
- The procurement falls outside the scope of application of the directive
- Published justification
A procurement procedure is not necessary on the basis that the award of the contract (the Deed of Variation) is permitted pursuant to regulation 72(1)(c) of the Public Contracts Regulations 2015. The need for modification has been brought about by significant domestic and international economic turbulence, including substantial build cost inflation, rises in UK interest rates and ongoing shifts in how businesses use and occupy workspace post-covid together with the implementation of legislative and regulatory changes with respect to Building Safety . The overall scheme remains broadly the same in nature delivering new build housing, workspace, street market facilities and public realm improvements. The Council has received commercial advice to review the updated financial appraisals and ensure that the costs and revenues are commercially reasonable, reflective of the wider market and represent best consideration for the Council. The Developer's percentage return has reduced. Moreover, the variation is also not substantial within the meaning of regulation 72(1)(e) of the Public Contracts Regulations 2015.
- Performance terms
Please refer to procurement documents. The successful tenderer and its supply chain will be required actively to participate in the achievement of social and/or environmental policy objectives including relating to recruitment and training and supply chain initiatives. Accordingly, contract performance conditions may be included in the eventual Development Agreement relating in particular to social and environmental considerations
- Review procedure
Pursuant to the Procurement Act 2023 (Commencement No. 3 and Transitional and Saving
Provisions) Regulations 2024 the Contracting Authority will conduct itself in accordance with
the Public Contracts Regulations 2015
Publisher note: For information and transparency, the Council is publishing this VEAT notice demonstrating its intention to enter into a deed of variation with the Developer and the Guarantor in relation to an existing development agreement in accordance with Regulation 72 of the Public Contracts Regulations 2015. This contract (the deed of variation) has not yet been entered into and, for information only, a contract award notice will be published following conclusion of the contract (deed of variation). In accordance with Regulation 92 to 104 of the Public Contract Regulations 2015 (as amended), the Authority will incorporate a minimum 10 calendar day standstill period starting from the date when this notice is published. A modification notice was also published in relation to this proposed Deed of Variation on 19/02/2025 (2025/S 000-006029).
How it was run
Official notice- Submission deadline
- 4 May 2021, 12:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 180 days from the deadline
Timeline
4 May 2021 → 19 Mar 2025 · 4 dates- Submission deadline4 May 2021, 12:00 BST
- Invitations to tender expected24 May 2021, 00:00 BST
- Contract starts28 Sept 2022, 00:00 BST
- Notice published19 Mar 2025, 13:34 GMT
Notice history
2 events · 5 releases on Find a Tender · since 10 Feb 2025- Status changed to complete10 Feb 2025, 17:46 GMT
- Procurement method changed5 Mar 2025, 14:40 GMT
Routine re-releases (5)
- 2025-02: 1 release · 10 Feb 2025
- 2021-04: 1 release · 1 Apr 2021
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| London Square Developments LimitedGrowing Brixton’s Rec Quarter – 49 Brixton Station Road and 6 Canterbury Crescent | — | — | Awarded |
| London Square Developments Limited +1 morejoint award | — | — | Awarded |
| London Square Developments Limited | — | — | Awarded |
| London Square Developments Growing Brixton’s Rec Quarter – 49 Brixton Station Road and 6 Canterbury Crescent | — | — | Awarded |
Contracts
Growing Brixton’s Rec Quarter – 49 Brixton Station Road and 6 Canterbury Crescent · London Square Developments
- Signed
- 19 Mar 2025
- Value
- £161,978,600
- Period
- … – 1 Apr 2034
- Status
- active
Delivery Partner for Growing Brixton’s Rec Quarter – 49 Brixton Station Road and 6 Canterbury Crescent · London Square Developments Limited
- Signed
- 7 Jan 2025
- Value
- £161,978,600
- Period
- … – 1 Apr 2034
- Status
- active
Growing Brixton’s Rec Quarter – 49 Brixton Station Road and 6 Canterbury Crescent · London Square Developments Limited
- Signed
- 28 Sept 2022
- Value
- £16,978,600
- Period
- … – 1 Apr 2034
- Status
- active
Delivery Partner for Growing Brixton’s Rec Quarter – 49 Brixton Station Road and 6 Canterbury Crescent · London Square Developments Limited +1 more
- Signed
- 28 Sept 2022
- Value
- £161,978,600
- Period
- 28 Sept 2022 – 1 Apr 2034
- Status
- active
- Change The location, duration and nature of the works will remain broadly the same after the modification, still delivering new build housing, workspace, street market facilities and public realm improvements. The key variations comprise a reduction in minimum affordable housing levels from 50% to 40%, a reduction in the minimum required level of commercial workspace reprovision in alignment with Local Plan policy for mixed-use regeneration schemes and a reduction in the Council's land receipt in line with revised financial modelling and which represents best consideration in today’s market, Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee: The modification is being made under regulations 72(1)(c) and 72(1)(e) of the Public Contracts Regulation 2015 due to changing circumstances since the contract was signed. This is to ensure the scheme's viability and deliverability amidst significant economic turbulence, including build cost inflation, rising UK interest rates, and post-COVID shifts in workspace usage, along with new Building Safety regulations. The scheme remains largely the same, delivering housing, workspace, market facilities, and public realm improvements. External commercial advice has confirmed that the revised financial appraisal is reasonable and reflects the wider market, ensuring best consideration for the council. The Developer's return has decreased.
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 8bids · 8 electronic | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Cabinet Office Review contact point
- The High CourtReview body
Bidders & participating suppliers
5 commercial parties on the notice- London Square Developments Awarded supplier
- London Square Developments LimitedAwarded supplier
- London Square Developments LimitedAwarded supplier
- London Square Developments LimitedAwarded supplier
- London Square Developments LimitedAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria