Find a TenderAwarded without competition

Published 13 Apr 2021, 10:31 BST

Official UK procurement notice

Havering estate regeneration partner - property/asset JV company

Official notice

Authority: London Boroug of Havering

WorksAward procedure without prior publication of a call for competition

Sectors: Construction & Civil Engineering (45)Public utilities (65)Real estate services (70)

+4 more

Architecture & Engineering (71)Research & Development (R&D) (73)Business Services & Consultancy (79)Cleaning & Environmental Services (90)

Delivery: London (UKI52)

Published estimate£1,177,000,000exc. VAT

Awarded 11 Dec 2020no call for competition

Awarded to WATES CONSTRUCTION LIMITED

What is being bought

Published requirement description

[‎08/‎04/‎2021 14:52] Adam Bevan:

LB of Havering ('the Council') entered into a contract for up to 30 years for a partner to form a long-term corporate joint venture ('JV') property vehicle to secure investment and expertise to deliver Havering's housing led regeneration strategy, entered into 27 April 2018 ('the Contract'). The opportunity was advertised in OJEU (2017/S 094-185114) and procured under the Concession Contracts Regulations 2016. Further details of the original Contract are in that OJEU Notice. The Contract includes a Members' Agreement (MA) and Development Agreement (DA) with the JV LLP and other ancillary documents.

CPV: Architectural, construction, engineering and inspection services · Business and management consultancy services · Construction work for buildings relating to leisure, sports, culture, lodging and restaurants · Construction work for commercial buildings · Demolition, site preparation and clearance work · Development consultancy services · Electricity distribution and related services · Flats construction work · Houses construction work · Landscaping work · Landscaping work for green areas · Landscaping work for parks · +8 more

The lotProcurement structure

single lot · no lot value published

Lot #1[‎08/‎04/‎2021 15:07] Adam Bevan:Awarded

[‎08/‎04/‎2021 15:07] Adam Bevan:

Further info is at www.havering.gov.uk/downloads/download/8… ↗

The Council has:

Made additional GBP 58.3 million equity funding available to JV. Also, refreshed JV business plan (BP) to include Council forward funding of GBP 45.4 million for phase 1 (in the light of additional 53 affordable housing units and reduction of open market units from 1085 to 934, changes to design and other factors).
Refreshed JV BP to remove Delta estate.
Refreshed JV BP to include addition of further sites.
Amended DA to bring forward timing of demolition of Waterloo Estate and Council providing additional £7.8m financing in place of debt funding (some changes to be made by variation to the DA and a new supplemental dev agreement with JV). Additional information: The duration field takes account of the fact that the concession started on the 11/12/2020.

Delivery: London · The London Borough of Havering

45111000 Demolition, site preparation and clearance work 45112700 Landscaping work 45112710 Landscaping work for green areas 45112711 Landscaping work for parks 45211300 Houses construction work 45211341 Flats construction work

Procedure terms & legal framework

From the official record

Procedure method: Award procedure without prior publication of a call for competition
Legal basis: CELEX · 32014L0023 Concession Contracts Regulations 2016 (Directive 2014/23/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: Unspecified in notice
First published: 13 Apr 2021, 10:31 BST
Last source update: 13 Apr 2021, 10:31 BST
FTS notice number: 2021/S 000-007669
Classification (CPV): Architectural, construction, engineering and inspection servicesBusiness and management consultancy servicesConstruction work for buildings relating to leisure, sports, culture, lodging and restaurantsConstruction work for commercial buildingsDemolition, site preparation and clearance workDevelopment consultancy servicesElectricity distribution and related servicesFlats construction workHouses construction workLandscaping work
+10 more
Landscaping work for green areasLandscaping work for parks
Delivery area: London (UKI52)
Official registry OCID: ocds-h6vhtk-02a566 Find a Tender

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value Not summedvery large published value (£1bn+), not counted until verified; check the notice

Bids received 1

Contracts signed 1latest 11 Dec 2020

Awarded to	Value	Date	Status
WATES CONSTRUCTION LIMITED	£1,177,000,000 †very large published value · not counted until verified, check the notice	—	Awarded

Contracts

Havering Estate Regeneration Partner - Property/Asset JV Company · WATES CONSTRUCTION LIMITED
Signed
11 Dec 2020
Value
£1,177,000,000
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
1bids	—	—	—

Contracting authority & participating public bodies

London Boroug of Havering

Contracting authorityRegional or local authorityGeneral public services Town Hall,Main Road, ROMFORD, London, RM13BBContact name, email, phone

Dispute resolution & review bodies

The high court of justiceReview body London

Bidders & participating suppliers

1 commercial party on the notice

Wates construction LtdAwarded supplier Leatherhead, South East

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.