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Official procurement procedure

South Thamesmead Phases 2 and 3 Joint Venture Partnership

Building construction work
London (UKI6)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Peabody Trust: "South Thamesmead Phases 2 and 3 Joint Venture Partnership". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityPeabody TrustScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Peabody Trust
Market Analytics
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Derived from OCDS awards & bid statistics
Published history for Peabody Trust. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
13.9Bids / Report
0% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 36 active published awards; 36 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityPeabody Trust
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published16 Jan 2024, 19:06 GMT
Last source update16 Jan 2024, 19:06 GMT
Recurring procurementNot published
ClassificationBuilding construction work
Delivery area
London (UKI6)
OCIDocds-h6vhtk-042db6
What is being bought
Peabody is seeking to establish a 50:50 joint venture (‘JV’) between Peabody and a private sector partner (‘PSP’) to deliver phases 2 and 3 of the South Thamesmead regeneration project, at Harrow Manorway, near Abbey Wood, SE2 9LH (the ‘Development Site’). The Development Site totals circa 3.1 hectares (7.7 acres) split between a northern plot (Phase 2, c 1.7 ha (4.6 ac)) and southern plot (Phase 3, c 1.2 ha (3.1 ac)).
What changed
From the official release history
  1. Status changed to complete
    16 Jan 2024, 19:06 GMT
  2. Official notice release published
    16 Jan 2024, 19:06 GMT
  3. Buyer information updated
    16 Jan 2024, 19:06 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    50:50 joint venture (‘JV’) between Peabody and a private sector partner (‘PSP’) to deliver phases 2 and 3 of the South Thamesmead regeneration project. It is anticipated that the PSP will provide construction services to the JV, and may provide additional professional services. In total the Development Site is estimated to have capacity for c 730 homes and c 1,000 square foot of community space (the latter assumed to be delivered in Phase 2). Phase 2 benefits from an outline planning consent for delivery of up to 329 homes and up to 1,050 square metres of commercial floorspace (London Borough of Bexley ref. 16/01287/OUTM). Recent scheme testing estimates capacity for Phase 3 at c 400 homes. Phase 3 is part of a separate outline application currently being determined by the local planning authority, across a wider area, for up to 1,950 homes and 3,225 square metres of commercial floorspace (ref. 21/01948/OUTEA).
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    16 Jan 2024, 19:06 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 9 Aug 2022, 00:00 BST · £300,000,000
Commercial outcome and competition
Awards
Lovell Partnerships Limited
Not published · Not published · active
Contracts
Contract
£300,000,000 · signed 9 Aug 2022, 00:00 BST · active
Bid statistics
bids: 4 (lot 1)
Buyer and organisations in this procedure

Peabody Trust

Contracting authority GB-FTS-5699
View buyer profile

  • Peabody Trust
    buyer

    Minster Court, 45-47 Westminster Bridge Road, London, UKI6, SE1 7JB
    kishore.senathirajah@peabody.org.uk
    +44 2038283630

  • High Court of England and Wales
    reviewBody

    London

  • Lovell Partnerships Limited
    supplier

    02387333
    Kent House, 14 - 17 Market Place, London, UKI, W1W 8AJ
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published