Official UK procurement notice
Procurement of a Joint Venture partner to undertake the development of Turweston Road, Brackley
Authority: Catalyst Housing Limited
What is being bought
Published requirement descriptionCatalyst Housing Limited (CHL) is the owner of development land at Turweston Road, Brackley with detailed consent for 350 residential units and is now seeking to appoint a private sector developer partner to form a corporate LLP joint venture (JV) vehicle on a 50:50 basis to develop Turweston Road. Selection of a JV partner will be undertaken under the Lean Competitive Dialogue Procedure.
Bringing investment and expertise across the development process, the JV partner will work in JV with CHL to optimise post planning design, undertake phased construction of the resulting scheme and market and sell the private sale units delivered. All intermediate and affordable units delivered will be acquired from the JV by CHL at an appropriate market rate.
In terms of the best partner therefore, while JV experience is valuable, key is the ability to bring expertise to bear to maximise commercial returns through delivery of an optimised scheme.
CPV: Construction work · Development services of real estate
The lotProcurement structure
single lot · value publishedLot #1Catalyst Housing Limited (CHL) is the owner of development land at Turweston Road,…Published value£90,000,000
Catalyst Housing Limited (CHL) is the owner of development land at Turweston Road, Brackley with detailed consent for 350 residential units.
CHL is a leading London-based affordable housing provider, developer and member of the G15 group of London’s largest and most influential housing associations. CHL owns and manages over 34,000 homes and is landlord to over 70,000 residents across London and the South-East.
CHL is now seeking to appoint a private sector developer partner to form a corporate LLP joint venture (JV) vehicle on a 50:50 basis to develop Turweston Road. Selection of a JV partner will be undertaken under the Lean Competitive Dialogue Procedure.
Bringing investment and expertise across the development process, the JV partner will work in JV with CHL to optimise post planning design, undertake phased construction of the resulting scheme and market and sell the private sale units delivered. All intermediate and affordable units delivered will be acquired from the JV by CHL at an appropriate market rate.
In terms of the best partner therefore, while JV experience is valuable, key is the ability to bring expertise to bear to maximise commercial returns through delivery of an optimised scheme.
More information about the opportunity is set out in the Memorandum of Information included with the procurement documents on the Portal.
What it takes to wini
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 morei
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).
- Suitability
As stated in the procurement documents
- Staff
- Names and qualifications of delivery staff must be submitted
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Competitive dialogue
- 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
- 14 Jan 2022, 18:15 GMT
- Last source update
- 14 Jan 2022, 18:15 GMT
- FTS notice number
2022/S 000-001238- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-030b6fFind a Tender
- Performance terms
Under this contract the contractor and its supply chain will be required to actively participate in the achievement of social and/or other environmental policy objectives relating to recruitment and training and supply chain initiatives. Accordingly the contract performance conditions may relate in particular to social and environmental considerations.
- Review procedure
The Contracting Authority will observe a standstill period following the award of the contract and will conduct itself in accordance with the Public Contracts Regulations 2015.
Publisher note: For more information about this opportunity, please visit the Delta eSourcing portal at: https://catalyst.delta-esourcing.com/tenders/UK-UK-London:-Construction-work./2UJQ6D538P To respond to this opportunity, please click here: https://catalyst.delta-esourcing.com/respond/2UJQ6D538P GO Reference: GO-2022114-PRO-19501400
How it was run
Official notice- Submission deadline
- 14 Feb 2022, 18:00 GMT
- Submission channel
- {"written"}
- Accepted languages
- en
- Bid validity
- 180 days from the deadline
Timeline
14 Jan 2022 → 18 Mar 2022 · 3 dates- Notice published14 Jan 2022, 18:15 GMT
- Submission deadline14 Feb 2022, 18:00 GMT
- Invitations to tender expected18 Mar 2022
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Cabinet OfficeReview contact point
- Higher Court of England & WalesMediation bodyReview body
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria