Find a TenderPlanned procurementPreliminary market engagement notice
Published 21 Nov 2025, 16:05 GMT

Official UK procurement notice

PA0022 - Wornington Green P3 JV

Authority: Peabody Trust (Public body)

WorksAbove threshold
Planned pipeline value£140,000,000pipeline notice, not a live tender
Tender notice expected 27 Mar 2026from the planned procurement notice
Contract term 7 yrsends 31 Dec 2033 · up to 31 Dec 2034 with extensions · starts 1 Jan 2027

What is being bought

Published requirement description

Peabody is seeking a development partner to deliver the final phase (Phase 3) of Wornington Green’s estate regeneration, via a Joint Venture (JV) structure.

The site is owned by Peabody and has potential for up to 370 homes plus reprovision of community facilities and a park. The site is located in the Royal Borough of Kensington & Chelsea, along Portobello Road, and has excellent transport links and good access to local amenities. The entire estate extends across 13.8 acres with Phase 3 occupying 3.85 acres.

The site benefits from a Hybrid Consent for the whole scheme including earlier phases (PP/09/02786), granted in 2010 and revised in 2014, provided planning approval for up to 1,000 new homes, extensive non-residential space, and re-provision of community and open spaces. Phase 3 is in outline and includes 368 - 370 units. The selected development partner will be expected to work with Peabody to optimise the existing consent in order to maximise deliverability, alignment of mix to housing need, commercial value, and enable compliance with Building Safety Act requirements.

A new park in the centre of the development – Athlone Gardens – is being delivered in 4 stages, with the final element expected to be delivered as part of the Phase 3 scheme.

The JV is anticipated to operate on a 50/50 basis between Peabody and the development partner in terms of control, funding commitments and share of proceeds.

The partner is expected to be procured via a Procurement Act 2023 compliant Competitive Flexible Procedure process.

See attached documentation for additional info.

For more information about this opportunity, please visit the Delta eSourcing portal at:

www.delta-esourcing.com/tenders/UK-UK-London… ↗

To respond to this opportunity, please click here:

www.delta-esourcing.com/respond/Y566863USP ↗

CPV: Construction work · Construction work for multi-dwelling buildings and individual houses · Works for complete or part construction and civil engineering work

The lotProcurement structure

single lot · no lot value published
Lot #1PlannedRenewal 7 yrs

Pipeline intelligence · planning stage: how this market runs before the tender is published

How Peabody Trust buys Building construction work (CPV 4521), and who usually turns up

Peabody Trust’s own published record, next to the published market for the same work. Frameworks and DPS are kept out: they attract a different number of bids. Whole-market view: Building construction work (CPV 4521) →

1

How the contest usually goes

Winner shares use published awards; bid and price charts use contested lots.

Question for the bid
This buyerPeabody Trust · division 45
What to do with it
How often do SMEs win?
i

How often small and medium firms win.

Share of awards where the winner’s size is known.

The counts under this question show how many awards have a known supplier size.

Last 36 months.

Buyer: 5 of 16 known-size awards · market: no supplier sizes published
31%—

Small firms have won here. Neither number says whether you qualify; it describes who has been winning.

How often do local suppliers win?
i

How often local firms win similar work.

Winners with a registered address in the delivery region, out of awards with a known address.

A local branch does not count if the registered address is elsewhere.

Last 36 months.

Buyer: 10 of 14 known-location awards · market: no winner locations published
71%—

Most of this buyer’s recorded winners are registered in the delivery region.

How long to a decision?
i

How long buyers here take to decide after bids close.

Middle value in days from the deadline to the first award notice, on competitions that published both dates.

Only decided tenders count, so slow ones still waiting are not in.

Last 36 months.

Buyer: 9 decided notices · market: no decision dates published
96 days—

Half of these awards were announced within 96 days of the bid deadline.

How often single-bid or direct?
i

How often work is awarded with no recorded rival.

Direct awards and tenders where every published lot count shows one bid.

The buyer’s share is a minimum: some awards have no bid count.

Thin markets produce this too; it is not proof of a tailored specification.

Last 36 months.

Buyer: at least 6 of 36 procurements with awards had no recorded rival · market: no bid counts or routes published
17%—

Missing bid counts may hide more single-bid awards. This share is a minimum.

How many bids did past lots attract?

i

How many bids past lots received.

Each colour is a bid-count range. Only competed lots with a published count are included.

Past bids do not predict this tender.

Last 36 months.

This buyer8 lots with bid counts · all categories
13% had one bid
The marketNo bid counts published
Buyer · select a colour for counts
1 bid13%
Buyer: 1 of 8 lots with published bid counts.
2–325%
Buyer: 2 of 8 lots with published bid counts.
4–638%
Buyer: 3 of 8 lots with published bid counts.
7+25%
Buyer: 2 of 8 lots with published bid counts.

How did awards compare with estimates?

i

Where winning prices landed against estimates.

Each colour shows awards below, close to or above the published estimate, one lot at a time.

Past prices are a guide, not a bid price.

Last 36 months.

This buyer6 lots with estimate and award · all categories
17% below estimate
The marketNo estimate-and-award pairs published
Buyer · select a colour for counts
Below estimate17%
Buyer: 1 of 6 lots with an estimate and award.
Within ±2%67%
Buyer: 4 of 6 lots with an estimate and award.
Above estimate17%
Buyer: 1 of 6 lots with an estimate and award.
2

Assess each lot
i

What past awards tell you about each lot.

See the forecast, this buyer’s earlier suppliers and firms with relevant wins.

No supplier is confirmed as a bidder.

Open a lot for its forecast, this buyer’s previous supplier and possible competitors, from published award history, not a bid list

Lot #1CPV 452184 monthsPublished estimate£140m
Expected competition
i

How many bids this lot may attract.

The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.

Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative. The bar shows 388 past lots.

A forecast, not a list of bidders.

—No model forecast yet18% chance of a single bid
Past bids on 388 similar lots
1 bid18%
71 of 388 similar past lots received 1 bid (18%).
2–325%
97 of 388 similar past lots received 2–3 (25%).
4–630%
116 of 388 similar past lots received 4–6 (30%).
7+27%
104 of 388 similar past lots received 7+ (27%).
Comparable past lots usually drew 4 bids.
Commercial price forecast
i

Where the award price may land.

The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.

No comparable awards for this lot yet.

A statistical guide from past awards, not a price to bid.

—No model forecast yet
No comparable awards on record for this lot’s category yet. The published estimate is £140m, and the forecast stays empty until the market has a record to read.

Who has supplied this buyer on similar work?
i

Who has done similar work for this buyer.

Past contracts are matched by buyer, title and type of work.

A past supplier may not bid again.

No earlier contract of this buyer matches this lot on the published record.

Who could compete for this lot?
i

Who could compete for this lot?

Firms with relevant past wins. On a framework, we show firms on that agreement.

None is confirmed as a bidder.

Candidate suppliers for this notice have not been worked out yet, so this is not a verdict that nobody fits.

About this data
  • Source. Official UK public procurement notices (Find a Tender), reused under the Open Government Licence v3.0. New notices arrive through the day; the figures are rebuilt nightly.
  • Two views, kept apart. The authority’s own track record and the wider market for the same kind of work sit side by side and are never mixed. Where the local picture is too thin, a figure widens to a broader market and says which one it used.
  • Forecasts are labelled. The price forecast and its range, possible competitors and the earlier-work matches are our estimates from past awards: not published facts, not win chances and not price advice. Official notices do not say who is bidding.
  • Every figure shows what it rests on. Not every notice publishes a bid count, a value or a delivery region, so each figure carries the number of records behind it, and one built on few records is marked as such. The on a figure explains it; the counting rules are in the methodology. Spotted something wrong? Tell us.

Procedure terms & legal framework

From the official record
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Works
Notice status
Planned procurement
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
21 Nov 2025, 16:05 GMT
Last source update
21 Nov 2025, 16:05 GMT
Authority reference
PA0022
FTS notice number
2025/S 000-076161
Latest notice
Preliminary market engagement notice (UK2)
Classification (CPV)
Construction workConstruction work for multi-dwelling buildings and individual housesWorks for complete or part construction and civil engineering work
Delivery area
UK
Official registry OCID
ocds-h6vhtk-05e69a Find a Tender

How it was run

Official notice
Submission deadline
—

Timeline

21 Nov 2025 → 1 Jan 2027 · 4 dates
  1. Planning notice published335 days ago
    21 Nov 2025, 16:05 GMT
  2. Market engagement263 days ago
    31 Jan 2026, 23:59 GMT

    Peabody wishes to undertake Preliminary Market Engagement (PME) in order to help shape the proposed JV structure and design of the partner procurement process.

    Interested parties are requested to firstly express their interest in participating in this PME by responding to this notice via the Delta platform. Responses must include reference to relevant expertise and experience as set out at below.

    Parties who submit an Expression of Interest (EoI), and are assessed as having suitable relevant experience, will be issued with a more detailed brief of the Project’s requirements and parameters and setting specific engagement questions that Peabody aims to answer through the engagement. These parties will also be issued with time slots from which to choose a preference to meet for engagement sessions.

    Engagement sessions will will last for 1.5 hours each.

    Key dates for this PME process are as follows:

    Issue of PME Notice - Friday 21st November

    Initial EOI deadline - Friday 5th December

    Earlier submission preferred to enable pre-xmas enagagement engagement meeting slots

    Engagement Meetings - December-January (In person preferred). Detailed brief will be provided in advance.

    This timetable is subject to change.

    Feedback from this PME exercise will be synthesised and incorporated into the final commercial structure and procurement process to be taken to market.

    The procurement process itself is anticipated to commence in Spring 2026.

  3. Tender notice expected208 days ago
    27 Mar 2026, 23:59 GMT
  4. Today
    22 Oct 2026
  5. Contract startsin 71 days
    1 Jan 2027

Notice history

1 event · 1 release on Find a Tender
  1. Preliminary market engagement notice published
    21 Nov 2025, 16:05 GMT
    UK2

Commercial outcome & contract awards

Pipeline notice
Awards (0)
No award published
Contracts (0)
No contract published
Bid statistics
No aggregate bid statistics published

Contracting authority & participating public bodies

Peabody Trust

Contracting authorityPublic authority - sub-central government GB-PPON: PYJY-3925-DVJD Minster Court, 45 47 Westminster Bridge Road, London, London, SE1 7JBContact name, email, phone

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure