Official UK procurement notice
Multi-level Industrial Development · UK public procurement notice
Authority: GLA Land and Property Limited
What is being bought
Published requirement description75 Bugsby's Way is a 3.38- acre industrial site on the Greenwich Peninsula, with excellent links to central London and from the M25. It is owned by Greater London Authority Land and Property (GLAP). The site has significant potential for intensive industrial/logistics development that is expected to attract a variety of businesses and provide employment opportunities to the local community.
GLA Land & Property (GLAP) is a subsidiary company of the Greater London Authority, formed in 2012, it is one of the largest public sector landowners in London.
The GLA is undertaking a procurement for the development of this site as part of the Mayor's plans to regenerate the Greenwich Peninsula.
The successful developer will negotiate a 250-year leasehold to the land and enter into an agreement with GLAP to design, develop and build a new multi-storey industrial development. The successful developer will then need to find tenants to generate a return.
CPV: Architectural, construction, engineering and inspection services · Construction work · Real estate services
The lotProcurement structure
single lot · no lot value publishedLot #1The key objectives of the procurement include:
The key objectives of the procurement include:
- The development of a multi-level industrial/logistics scheme with a wide range of unit sizes/types, including SME space;
- The production of a façade design that is reflective of the innovative nature of the building;
- sustainability, both during and after construction;
- achieving commercial value for the site; and
- meeting prospective occupiers' demands;
- achieving local economic development benefits
The successful developer will own a 250-year leasehold to the land and enter into an agreement with GLAP to design, develop, and build a multi-storey industrial/logistics development. Responsibility for attaining planning consent will lie with the successful developer.
The successful developer will be required to provide a fixed payment of at least 50% of the total value as a lump sum upon practical completion. The remaining value will be due as a variable payment to be paid within five years of practical completion. The mechanism for calculating the variable payment and the date when it is due will be agreed between the parties.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Competitive procedure with negotiation
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Works
- Notice status
- Closed
- 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
- No (one-off requirement)
- First published
- 30 Sept 2022, 09:48 BST
- Last source update
- 30 Sept 2022, 09:48 BST
- Authority reference
DN615241- FTS notice number
2022/S 000-027420- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03719cFind a Tender
- Performance terms
The development partner may be required to actively participate in the achievement of social and/or environmental policy objectives relating to recruitment and training and supply-chain initiatives. Accordingly contract performance conditions may relate to social and environmental considerations.
- Review procedure
In accordance with Regulation 55 (Informing candidates and tenderers);
Regulation 87 (Standstill period) and Regulation 88 to 104 of the Public Contracts Regulations 2015 (‘PCR 2015’).
Following any decision to award the contract the contracting authority will provide debriefing information to unsuccessful bidders in accordance with Regulation 86 PCR 2015 and observe a minimum 10 day standstill period (in accordance with Regulation 87 PCR 2015) before the contract is entered into.
Bidders should note that the procurement documents provide indicative information of the GLA's intended approach in the procurement process at this stage and are for general information only.
The GLA reserves the right to vary, amend and update any aspects of the procurement documents and final details and versions of the procurement documents will be confirmed to applicants successful in being selected to participate in the relevant tender stages of the procurement procedure.
The GLA reserves the right not to award the opportunity or to award only part (or a different arrangement) of the opportunity described in this Contract Notice.
Publisher note: The GLA intends to conduct a multi-stage procurement procedure with the option of reducing the number of tenderers to continue negotiations at each stage. Award criteria and further procurement documents will be provided by the commencement of the tender & negotiation stages to bidders shortlisted to participate. Expressions of interest must be by way of completion and return of the selection questionnaire (SQ) (in accordance with the requirements set out in the SQ by the time limit in Section IV.2.2 above). The estimated values in II.1.5 represent the maximum potential gross development value to the developer. However, potential returns will depend on many commercial factors including (but not limited to) the performance of the developer and market conditions. Bidders should seek independent legal and commercial advice in relation to the potential value of the opportunity.
How it was run
Official notice- Submission deadline
- 1 Nov 2022, 17:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
Timeline
30 Sept 2022 → 23 Jan 2023 · 3 dates- Notice published30 Sept 2022, 09:48 BST
- Submission deadline1 Nov 2022, 17:00 GMT
- Invitations to tender expected23 Jan 2023
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High Courts of JusticeReview body
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Technical selection criteria
- Economic and financial selection criteria