Official UK procurement notice
Pudding Mill Lane Joint Venture Development Partner
Authority: London Legacy Development Corporation (Public body)
What is being bought
Published requirement descriptionLondon Legacy Development Corporation (‘LLDC’) has appointed a development partner to form a corporate joint venture (“JV”). The JV shall deliver the Pudding Mill Lane Development (‘the Site’) pursuant to a development agreement with LLDC (“DA”).
CPV: Building construction work · Development consultancy services · Development services of real estate · Real estate services · Residential property services · Sale of residential real estate · Urban development construction work
The lotProcurement structure
single lot · value publishedLot #1See II.1.4 above and note the following: 1) LLDC has appointed a developer partner to…AwardedPublished value£675,000,000
See II.1.4 above and note the following: 1) LLDC has appointed a developer partner to jointly deliver the development of the Site through a 50%/50% incorporated vehicle (the “JV”) which shall be governed by a joint venture agreement. 2) the DA shall provide ultimately for a leasehold interest of the Site to be granted to the JV. 3) the JV will deliver circa 950 new homes of mixed tenure and 30,000 square meters of non-residential space.
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).
- Criterion: The concession is awarded on the basis of the criteria stated in the procurement documents.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Award procedure with prior publication of a call for competition
- Legal basis
- CELEX · 32014L0023 Concession Contracts Regulations 2016 (Directive 2014/23/EU)
- Procurement category
- Works
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- No (one-off requirement)
- First published
- 17 Jan 2023, 16:05 GMT
- Last source update
- 16 Dec 2024, 19:05 GMT
- FTS notice number
2024/S 000-040526- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-039846Find a Tender
- Electronic trading
- electronic payment
- Performance terms
The concession contains social and environmental requirements. Please see the procurement documents for further details.
- Review procedure
Precise information on deadline(s) for review procedures: In accordance with Regulation 47 (Notice of decision to award a concession contract); Regulation 48 (Standstill Period) and Regulation 52 to 63 of the Concession Contracts Regulations 2016 (CCR 2016). Following any decision to award the concession contract, the Contracting Authority will providing debriefing information to unsuccessful bidders (in accordance with Regulation 47 CCR 2016) and observe a minimum 10 day standstill period (in accordance with Regulation 48 CCR 2016) before the concession contract is entered into.
Publisher note: To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=909829177 GO Reference: GO-20241216-PRO-28909030
How it was run
Official notice- Submission deadline
- 28 Feb 2023, 13:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Participation fee
- document
Timeline
28 Feb 2023 → 16 Dec 2024 · 2 dates- Submission deadline28 Feb 2023, 13:00 GMT
- Notice published16 Dec 2024, 19:05 GMT
Notice history
2 events · 2 releases on Find a Tender · since 16 Dec 2024- Published value updated to £600,000,00016 Dec 2024, 19:05 GMTwas £675,000,000
- Status changed to complete16 Dec 2024, 19:05 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| COUNTRYSIDE PROPERTIES (UK) LIMITED | £600,000,000 † | — | Awarded |
Contracts
Contract 040526-2024-1 · COUNTRYSIDE PROPERTIES (UK) LIMITED
- Signed
- 4 Dec 2024
- Value
- £600,000,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2bids | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- See VI.4.3Review body
Bidders & participating suppliers
1 commercial party on the notice- Countryside Properties (UK) LimitedAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria