Official UK procurement notice
SJM2 – Contractor Procurement – Main Works
Authority: The Crown Estate (Central government)
What is being bought
Published requirement descriptionSt James Market Phase 2 main works will be delivered under a Pre-Construction Services Agreement (PCSA) and then under an amended JCT Design and Build 2024 contract:
- a new c.312,500 sq. ft (NIA) CAT A office building (Basement Level 2 to Level 7), built around the retained Grade II listed Carlton Cinema
- the shell and core refurbishment of the Cinema
- retail shell and core accommodation
- landscaping and public realm works
- new UKPN substations
- a watching brief over, and the novation of, the separate Demolition Contract.
Total value of the works is £322m excluding VAT (£386.4m including VAT), made up of:
- St James Market Phase 2 main works, including the PCSA c.£222m excluding VAT (£266.4m including VAT)
- 130 Jermyn Street option: c.£100m excluding VAT (£120m including VAT)
- How the procedure runs: Stage 0 – Request to participate: Conditions of Participation and Procurement Specific Questionnaire (pass/fail and scored). Bidders are required to complete the COP and PSQ to demonstrate their suitability and eligibility to participate in the procurement. The COP and PSQ contain both scored evaluation criteria and mandatory pass/fail requirements. Suppliers that satisfy all mandatory pass/fail requirements will be ranked according to their scores against the technical evaluation criteria set out in Sections 7–10 of the COP/PSQ. Contract terms will be assessed on a pass/fail basis only and will not contribute to the overall score. Stage 1 – Invitation to Tender to up to four suppliers, including a mid-tender interview. Stage 2 – Evaluation, post-tender interviews, site visits and negotiation, with a Best and Final Offer. Stages 1 and 2 will combine the submission and evaluation of tenders (Stage 1) and any subsequent negotiations (Stage 2). Following evaluation of the COP and PSQ responses, up to four highest-ranked suppliers will be invited to tender. Tender submissions will be assessed on the basis of technical quality and cost, including written responses, tender interviews, and evidence demonstrated through active projects. Following completion of the evaluation and Stage 2 negotiation process, the highest-scoring bidder will progress to contract award. The contract is not divided into lots. The SJM2 works and the 130JS option may share an energy centre, plant and practical completion programme.
CPV: Building construction work · Heating, ventilation and air-conditioning installation work · Overhaul and refurbishment work · Restoration work
The lotProcurement structure
single lot · value publishedWhat 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).
- Technical
- Commercial
No conditions of participation were published on the notice; check the tender documents.
- Turnover usually expected at this size: about £175,674,650 (twice the annual value).
Turnover is an indicative market norm (≈2× annual value), not a published condition.
Competition analysis · published record, not a forecast of who will bid
How The Crown Estate buys Building construction work (CPV 4521), and who usually turns up
The Crown Estate’s published record next to the market for the same work. Frameworks and DPS are left out: they draw different bid counts. Whole-market view: Building construction work (CPV 4521) →
How the contest usually goes
Winner shares use published awards; bid and price charts use contested lots.
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.
Small firms have won here. Neither number says whether you qualify; it describes who has been winning.
i
How often local firms win similar work.
Winners with a registered address in the delivery region, out of awards with a known address.
Local means the winner is registered in the region where that award was delivered. The market figure counts awards delivered in Greater London (authority’s region).
A local branch does not count if the registered address is elsewhere.
Most of this buyer’s recorded winners were registered in the region where that award was delivered.
i
How long buyers here take to decide after bids close.
Middle value in days from the bid deadline to the award date, on competitions that published both.
Only decided tenders count, so slow ones still waiting are not in.
Half of these awards have an award date within 210 days of the bid deadline.
i
How often work is awarded with no recorded rival.
Direct awards and tenders where every published lot count shows one bid.
Both shares are minimums: some awards have no bid count.
Thin markets produce this too; it is not proof of a tailored specification.
Direct awards or one recorded bid are common here. Check the route before spending time on a bid.
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.
1 bid0% / 17%
2–327% / 26%
4–633% / 32%
7+40% / 26%
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.
Below estimate30% / 32%
Within ±2%50% / 32%
Above estimate20% / 36%
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.
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 45Published estimate£322m
This lot lists more than one class in CPV 45. The comparison uses that group.
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.
A forecast, not a list of bidders.
1 bid7%
2–353%
4–623%
7+17%
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.
Based on 50 comparable awards. Each lot reflects its own category; forecasts for different lots of the same notice are not comparative.
A statistical guide from past awards, not a price to bid.
Middle 50%£295m–£322m
Estimate£322m
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.
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.
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.
| Supplier | Won in this category | Live contracts | Award vs estimate |
|---|---|---|---|
Mears LimitedLarge | £2.0bn34 awards in 36m · last 1 months ago | 5 live · £528m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=11 |
| £1.4bn61 awards in 36m · last 1 months ago | 1 live · £21m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 7% above n=9 | |
| £418m14 awards in 36m · last 1 months ago | 2 live · £503m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 8% below n=2 | |
| £176m24 awards in 36m · last 1 months ago | 3 live · £21m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 19% below n=2 | |
| £142m23 awards in 36m · last 2 months ago | 1 live iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 11% below n=2 |
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- Procedure method
- Competitive flexible procedure
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Works
- Notice status
- Requests to participate open
- 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
- 23 Oct 2026, 12:30 BST
- Last source update
- 23 Oct 2026, 12:30 BST
- Award evaluation window
- Submission end – 18 Dec 2026
- FTS notice number
2026/S 000-100431- Latest notice
- Tender notice (UK4)
- Classification (CPV)
- Delivery area
- Not published
- Official registry OCID
ocds-h6vhtk-078ee0Find a Tender
- How it runs
Stage 0 – Request to participate: Conditions of Participation and Procurement Specific Questionnaire (pass/fail and scored).
Bidders are required to complete the COP and PSQ to demonstrate their suitability and eligibility to
participate in the procurement. The COP and PSQ contain both scored evaluation criteria and
mandatory pass/fail requirements.
Suppliers that satisfy all mandatory pass/fail requirements will be ranked according to their scores
against the technical evaluation criteria set out in Sections 7–10 of the COP/PSQ. Contract terms will
be assessed on a pass/fail basis only and will not contribute to the overall score.
Stage 1 – Invitation to Tender to up to four suppliers, including a mid-tender interview.
Stage 2 – Evaluation, post-tender interviews, site visits and negotiation, with a Best and Final Offer.
Stages 1 and 2 will combine the submission and evaluation of tenders (Stage 1) and any subsequent
negotiations (Stage 2).
Following evaluation of the COP and PSQ responses, up to four highest-ranked suppliers will be
invited to tender. Tender submissions will be assessed on the basis of technical quality and cost,
including written responses, tender interviews, and evidence demonstrated through active projects.
Following completion of the evaluation and Stage 2 negotiation process, the highest-scoring bidder will
progress to contract award.
The contract is not divided into lots. The SJM2 works and the 130JS option may share an energy
centre, plant and practical completion programme.
How to participate & submission route
Official notice Submit via In-tend- Requests to participate (first stage)
- 19 Nov 2026, 17:00 GMT
- Tender submission deadline
- 19 Nov 2026, 17:00 GMT
- Clarification deadline
- 5 Nov 2026, 17:00 GMT
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en
Timeline
23 Oct 2026 → 4 Jun 2027 · 5 dates- Tender notice published1 day ago23 Oct 2026, 12:30 BST
- Today24 Oct 2026
- Clarification questions byin 12 days5 Nov 2026, 17:00 GMT
- Submission deadlinein 26 days19 Nov 2026, 17:00 GMT
- Award decision expected byin 55 days18 Dec 2026, 23:59 GMT
- Contract startsin 222 days4 Jun 2027, 00:00 BST
Notice history
1 event · 1 release on Find a Tender- Tender notice published23 Oct 2026, 12:30 BSTUK4
Commercial outcome & contract awards
Nothing awarded yet- Awards (0)
- No award published
- Contracts (0)
- No contract published
- Bid statistics
- No aggregate bid statistics published
Contracting authority & participating public bodies
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
Notices published for this procedure
- Tender notice Tender notice on Find a Tender