Find a TenderClosedTender notice
Published 16 Jun 2025, 15:30 BST

Official UK procurement notice

Procurement of a development partner for the redevelopment of Mayes Yard

Official notice

Authority: Bedford Borough Council (Local council)

WorksCompetitive flexible procedureAbove threshold
Final published estimate£120,000,000initial estimate £12,000,000 · 1 value update
Submissions closed 14 Jul 2025
Contract term 8 yrsends 1 Apr 2034 · starts 31 Mar 2026

What is being bought

Published requirement description

Bedford Borough Council wish to appoint a development partner to enter into a development agreement for the redevelopment of Mayes Yard as part of the Council's overall regeneration plans for Bedford Town Centre.

The Council's vision is for an exemplary mixed-use development that will provide a cultural hub for Bedford and act as a catalyst for wider regeneration. The overall site extends to c. 3.5 acres in which the Council own various freehold interests including the former Debenhams Department Store, Central Library, Corn Exchange and Harpur Suite.

The Council undertook a massing exercise to understand the potential for the site which indicated potential for c. 250 new homes alongside new retail, leisure and commercial space. Whilst this study is made available to via the Council's procurement portal it is not prescriptive, and the selected developer would work with the Council in bringing forward the designs for the new development alongside other matters to bring the opportunity forward.

Alongside commercial and residential development, the Council's project objectives include the re-provision of the Central Library as part of the development and the Council has ambitions to extend the capacity of the Corn Exchange to 1,000+ seats.

The contractual arrangements will be through a Development Agreement where land is drawn down upon the satisfaction of conditions.

Further particulars in respect of the opportunity are set out in the documents issued via the Council's procurement portal.

Between March and May 2025 the Council's advisors undertook a market engagement exercise. They engaged with suppliers to establish the level of interest in the development site and the key parameters for undertaking a procurement.

The exercise was also utilised to understand whether any elements of the proposed scheme / the Council's emerging thinking raised any factors bearing on the procurement or commercial terms being developed by the Council within the market.

The responses and feedback received (including from meetings held) have informed the Council's requirements, procurement approach, conditions for participation and award criteria, likely suppliers who may be able to supply the services and works, and the intended commercial terms. The engagement also helped the Council establish marked knowledge of, and interest in, the opportunity.

Further detail on the market engagement exercise is set out in the Preliminary Market Engagement Notice issued by the Council on 5 June 2025.

It should be noted that the 'total value (estimated)' stated in this notice is an expression of the estimated gross development value of the development which could be delivered through the opportunity.

  • How the procedure runs: Interested parties should refer to 'Section 2: Participation Process' of the Invitation to Participate and the Invitation to Tender (as issued via the Council's Portal) for further details of the Council's intended process for the procurement. Interested parties are invited to submit a Participation Submission. The Council will evaluate Participation Submissions received in accordance with the participation criteria and methodology set out in 'Section 4: Participation Submission evaluation' of the Invitation to Participate. Subject to there being sufficient Bidders qualifying, the Council's intention is to invite up to three (3) Bidders to tender. If there is a minimal scoring gap between Bidders three (3) and four (4), the Council reserves the right to invite four (4) Bidders to tender. Following the shortlist, the Council will formally issue the Invitation to Tender to the shortlisted Bidders (the "Tenderers"). The Council intends to hold a number of meetings with the Tenderers to discuss their emerging proposals, before issuing a call for Final Tenders. The Council reserves the right to introduce additional meetings or remove meetings throughout the procurement. Final Tenders received will be evaluated in accordance with the award criteria set out in the draft Invitation to Tender (as issued via the Council's Portal). Further detail on the award criteria will be set out in the updated Invitation to Tender issued at shortlisting. Following evaluation, and identification of the most advantageous tender, the Council intends to hold 'preferred tenderer' stage with the Tenderer who submitted the most advantageous tender prior to entry into contract so as to clarify and confirm commitments made and for limited post tender negotiation. The Council reserves the right to vary the procurement process set out above and in the procurement documents at any stage in the procurement. Please note that the 'contract start date' and 'award decision date' included within this Tender Notice are estimates and may be subject to change.

CPV: Architectural, construction, engineering and inspection services · Construction work · Development services of real estate

The lotProcurement structure

single lot · value published
Lot #1 8 yrsPublished value£120,000,000
Contract period: 31 Mar 2026 – 1 Apr 2034 (8 yrs)Value: £120,000,000 exc. VAT · £120,000,000 inc. VAT

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
  • Simple description: This procurement is weighted as follows: Quality: 60% Financial: 30% Legal: 10% Bidders should refer to further detail on the award criteria set out in the Invitation to Tender. Full draft award criteria will be issued at commencement of the tender stage of the procurement process. Quality: 60%  Concept / scheme 30%  Delivery 30% Financial: 30%  Financial offer 17.5%  Funding 12.5% Legal: 10%  Legal 10%

Procedure terms & legal framework

From the official record
Procedure method
Competitive flexible procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Works
Notice status
Closed
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
16 Jun 2025, 15:30 BST
Last source update
16 Jun 2025, 15:36 BST
Award evaluation window
Submission end – 2 Feb 2026
FTS notice number
2025/S 000-032670
Latest notice
Tender notice (UK4)
Classification (CPV)
Architectural, construction, engineering and inspection servicesConstruction workDevelopment services of real estate
Delivery area
Not published
Official registry OCID
ocds-h6vhtk-05497a Find a Tender
How it runs

Interested parties should refer to 'Section 2: Participation Process' of the Invitation to Participate and the Invitation to Tender (as issued via the Council's Portal) for further details of the Council's intended process for the procurement.

Interested parties are invited to submit a Participation Submission. The Council will evaluate Participation Submissions received in accordance with the participation criteria and methodology set out in 'Section 4: Participation Submission evaluation' of the Invitation to Participate.

Subject to there being sufficient Bidders qualifying, the Council's intention is to invite up to three (3) Bidders to tender. If there is a minimal scoring gap between Bidders three (3) and four (4), the Council reserves the right to invite four (4) Bidders to tender.

Following the shortlist, the Council will formally issue the Invitation to Tender to the shortlisted Bidders (the "Tenderers").

The Council intends to hold a number of meetings with the Tenderers to discuss their emerging proposals, before issuing a call for Final Tenders. The Council reserves the right to introduce additional meetings or remove meetings throughout the procurement.

Final Tenders received will be evaluated in accordance with the award criteria set out in the draft Invitation to Tender (as issued via the Council's Portal). Further detail on the award criteria will be set out in the updated Invitation to Tender issued at shortlisting.

Following evaluation, and identification of the most advantageous tender, the Council intends to hold 'preferred tenderer' stage with the Tenderer who submitted the most advantageous tender prior to entry into contract so as to clarify and confirm commitments made and for limited post tender negotiation.

The Council reserves the right to vary the procurement process set out above and in the procurement documents at any stage in the procurement.

Please note that the 'contract start date' and 'award decision date' included within this Tender Notice are estimates and may be subject to change.

How it was run

Official notice
Run through: In-tend · Who buys & how to bid on In-tend
Supplier login requiredElectronic submission allowedLanguage: EN
Access & registration note: Free · one account per buying organisation's portal · reCAPTCHA on signup
Requests to participate (first stage)
14 Jul 2025, 13:00 BST
Submission deadline
14 Jul 2025, 13:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Timeline

16 Jun 2025 → 31 Mar 2026 · 4 dates
  1. Tender notice published
    16 Jun 2025, 15:30 BST
  2. Submission deadline
    14 Jul 2025, 13:00 BST
  3. Award decision expected by267 days ago
    2 Feb 2026, 23:59 GMT
  4. Contract starts211 days ago
    31 Mar 2026, 00:00 BST

Notice history

3 events · 2 releases on Find a Tender · since 16 Jun 2025
  1. Tender notice published
    16 Jun 2025, 15:30 BST
    UK4
  2. Tender notice published
    16 Jun 2025, 15:36 BST
    UK4
  3. Published value updated to £120,000,000
    16 Jun 2025, 15:36 BST
    was £12,000,000

Contracting authority & participating public bodies

Bedford Borough Council

Contracting authorityPublic authority - sub-central government GB-PPON: PLCV-4616-VTHL Borough Hall, Cauldwell Street, Bedford, East of England, MK42 9APContact email

Official documents & specifications (2)

Official links; attachments are not copied

Notices published for this procedure

  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender