Find a Tender
complete
Official procurement procedure
Havering estate regeneration partner - property/asset JV company
Architectural
construction
engineering and inspection services
+23 more
Published value
£1,177,000,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: London Boroug of Havering: "Havering estate regeneration partner - property/asset JV company". Published status: complete. Published value: £1,177,000,000. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | London Boroug of Havering | Scope & Categories | Not published | Submission Window | complete No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | £1,177,000,000 |
Bidder Intelligence · Authority Profile: London Boroug of Havering
Market Analytics
Derived from OCDS awards & bid statistics
Published history for London Boroug of Havering. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Competition Density
1Bids / Report
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate availablePayment Terms
Check noticePublished terms
Coverage: 1 active published awards; 1 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityLondon Boroug of Havering | Procedure methodNot published | Procurement categoryNot published |
Statuscomplete | Framework / DPSNot published | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published13 Apr 2021, 10:31 BST | Last source update13 Apr 2021, 10:31 BST | Recurring procurementNot published |
ClassificationArchitectural, 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, Multi-dwelling buildings construction work, Multi-functional buildings construction work, Office block construction work, Parking lot construction work, Real estate services, Shop units construction work, Urban development construction work, Urban environmental development planning | ||
Delivery area | ||
OCIDocds-h6vhtk-02a566 | ||
What is being bought
[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.
What changed
From the official release history
- Published value updated to £1,177,000,000
13 Apr 2021, 10:31 BST - Status changed to complete
13 Apr 2021, 10:31 BST - Official notice release published
13 Apr 2021, 10:31 BST - Buyer information updated
13 Apr 2021, 10:31 BST
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedcancelledPublished valueNot published[08/04/2021 15:07] Adam Bevan: Further info is at https://www.havering.gov.uk/downloads/download/876/veat_notice_supplement_documents The Council has: 1) 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). 2) Refreshed JV BP to remove Delta estate. 3) Refreshed JV BP to include addition of further sites. 4) 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.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
13 Apr 2021, 10:31 BST - Award active
Not published · Not published - Contract active
Signed 11 Dec 2020, 00:00 GMT · £1,177,000,000
Commercial outcome and competition
Awards Wates construction Ltd Not published · Not published · active |
Contracts Havering Estate Regeneration Partner - Property/Asset JV Company £1,177,000,000 · signed 11 Dec 2020, 00:00 GMT · active |
Bid statistics bids: 1 (lot 1) |
Buyer and organisations in this procedure
London Boroug of Havering
Contracting authority GB-FTS-12156Documents (0)
Official links; attachments are not copied
No linked documents are published
Related procedures (0)
No related procedures published