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Official procurement procedure
Option to Purchase Agreement of Land at Courtlands
Construction work for houses
Land purchase services
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: MARSHGATE LTD: "Option to Purchase Agreement of Land at Courtlands". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | MARSHGATE LTD | Scope & Categories | Not published | Submission Window | complete No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | Not published |
Bidder Intelligence · Authority Profile: MARSHGATE LTD
Market Analytics
Derived from OCDS awards & bid statistics
Published history for MARSHGATE LTD. 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
Not availableNo published reports
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate availablePayment Terms
Check noticePublished terms
Coverage: 1 active published awards; 0 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 Unpublished data stays unknown.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 AuthorityMARSHGATE LTD | 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 |
Published28 Mar 2022, 15:58 BST | Last source update28 Mar 2022, 15:58 BST | Recurring procurementNot published |
ClassificationConstruction work for houses, Land purchase services | ||
Delivery area | ||
OCIDocds-h6vhtk-032719 | ||
What is being bought
Marshgate is placing a voluntary ex-ante transparency notice to advertise its intention to enter into an option to purchase agreement concerning land at Courtlands, Todds Green, Stevenage, Hertfordshire, SG1 2JE ('the Property') with further details set out below.
What changed
From the official release history
- Status changed to complete
28 Mar 2022, 15:58 BST - Official notice release published
28 Mar 2022, 15:58 BST - Buyer information updated
28 Mar 2022, 15:58 BST
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedStatus not publishedPublished valueNot publishedThe proposed transaction provides for Marshgate to enter into an option to purchase agreement with EHP Land Development Ltd (EHP) of land at the Property. The Property has the benefit of planning permission for 17 dwellings with associated infrastructure. EHP has entered into an agreement for works for the construction of the dwellings and associated infrastructure with SJM & Co Ltd (SJM) (Agreement for Works). The option to purchase is conditional upon Marshgate entering into a novation agreement with EHP and SJM for Marshgate to be a party to the Agreement for Works in place of EHP. The Agreement for Works specifies that SJM shall construct the dwellings and associated infrastructure as per the planning permission. Additional information: This voluntary ex ante transparency notice is being published to enable the observance of a voluntary standstill period of 10 days. The standstill period will end at midnight on 7th April 2022.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
28 Mar 2022, 15:58 BST - Award active
Not published · Not published - Contract active
Signed 28 Mar 2022, 00:00 BST · £5,400,000
Commercial outcome and competition
Awards EHP Land Development Ltd Not published · Not published · active |
Contracts Contract £5,400,000 · signed 28 Mar 2022, 00:00 BST · active |
Bid statisticsNo aggregate bid statistics published |
Buyer and organisations in this procedure
MARSHGATE LTD
Contracting authority GB-FTS-48129Documents (0)
Official links; attachments are not copied
No linked documents are published
Related procedures (0)
No related procedures published
Planning and rationale
Planning budgetNot published |
No-engagement rationaleNot published |
Procedure rationaleThis is a voluntary ex ante transparency notice pursuant to regs 99 - 100 of the Public Contract Regulations 2015.
Marshgate consider that the proposed transaction is not a public contract and is not caught by the Public Contracts Regulations because:
Marshgate have had no influence on the design of the works,
The construction of the works will simply be implementing a planning permission that has already been granted and one that Marshgate had no involvement in developing,
EHP have already entered into a legally binding contract for the construction of the works, and
The option to purchase is conditional on Marshgate entering into the novation of the Agreement for Works.
As such, the proposed transaction falls outside the scope of and does not need to comply with Part 2 of the Public Contracts Regulations 2015 (and therefore Directive 2014/24/EU) and may be awarded without prior publication of a Contract Notice in the Official Journal of the European Union. |