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AwardedFind a Tender · award

Stratford Waterfront and Bridgewater Modifications to Development Agreement

Buyer: London Legacy Development Corporation →

BuyerLondon Legacy Development Corporation
StatusAwarded
DeadlineNot published
ValueValue not published
Published22 Aug 2025

What is being bought

Modifications to a Development Agreement for the development of the site known as Stratford Waterfront and Bridgewater residential developments.

Delivery location

UKI

Categories

Urban development construction work 45211360

Lot details

Lot 1

Description of the procurement: London Legacy Development Corporation (LLDC) entered into a Development Agreement (DA) with Stratford East London Partners LLP (as Developer) and Trapol Limited on 26 July 2022 for the development of the sites known as Stratford Waterfront and Bridgewater Triangle in the Queen Elizabeth Olympic Park, Stratford, London. The parties entered into a deed of variation of the DA on 30 October 2024 to amend the timing and payment mechanisms for infrastructure works being delivered by the Developer at Bridgewater Triangle, and have entered into a further deed of variation of the DA and ancillary documents to incorporate various modifications including: (i) fixed land values for each site, and increased profit share for LLDC as member of the Developer; (ii) variation of milestones for Bridgewater Triangle infrastructure works to reflect the updated programme; (iii) extension of the longstop date for satisfaction of conditions (including relating to planning and vacant possession) and inclusion of Gateway 2 approval for each site as a milestone event; and (iv) to reflect a variation to the affordable housing viability review trigger in LLDC's unilateral undertaking for the Stratford Waterfront site.

Statuscancelled

Award criteria
N/A

What is included

ItemCategoryQuantity
1Not publishedNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 45. The category anchor is Urban development construction work (45211360); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 459,1414 median · 25 average (2,064 of 9,141 with a bid count)3.7 average (2,270 of 9,141 with named award suppliers)Not published
Same buyer0Not publishedNot publishedNot published
Delivery region: UKI1,0213 median · 19.6 average (215 of 1,021 with a bid count)3.8 average (227 of 1,021 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

Contracts

051050-2025-1

Statusactive
Value£600,000,000

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-058d46
Latest release ID051050-2025
Latest release timestampFri Aug 22 2025 17:14:38 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methodlimited
Procurement method detailsAward procedure without prior publication of a call for competition
Main procurement categoryworks
Above thresholdNot published
Legal basis32014L0023
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release1
Contracts in latest release1
Parties in latest release3

Notice history

DateEventReference
22 Aug 2025award, contract051050-2025

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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  },
  "date": "2025-08-22T18:14:38+01:00",
  "ocid": "ocds-h6vhtk-058d46",
  "buyer": {
    "id": "GB-FTS-158780",
    "name": "London Legacy Development Corporation"
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  "awards": [
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      "id": "051050-2025-1",
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  "tender": {
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      {
        "id": "1",
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        "description": "Description of the procurement: London Legacy Development Corporation (LLDC) entered into a Development Agreement (DA) with Stratford East London Partners LLP (as Developer) and Trapol Limited on 26 July 2022 for the development of the sites known as Stratford Waterfront and Bridgewater Triangle in the Queen Elizabeth Olympic Park, Stratford, London. The parties entered into a deed of variation of the DA on 30 October 2024 to amend the timing and payment mechanisms for infrastructure works being delivered by the Developer at Bridgewater Triangle, and have entered into a further deed of variation of the DA and ancillary documents to incorporate various modifications including: (i) fixed land values for each site, and increased profit share for LLDC as member of the Developer; (ii) variation of milestones for Bridgewater Triangle infrastructure works to reflect the updated programme;  (iii) extension of the longstop date for satisfaction of conditions (including relating to planning and vacant possession) and inclusion of Gateway 2 approval for each site as a milestone event; and (iv) to reflect a variation to the affordable housing viability review trigger in LLDC's unilateral undertaking for the Stratford Waterfront site.",
        "awardCriteria": {
          "criteria": [
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        "contractPeriod": {
          "durationInDays": 7200
        }
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    ],
    "items": [
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        "id": "1",
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        "deliveryAddresses": [
          {
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    ],
    "title": "Stratford Waterfront and Bridgewater Modifications to Development Agreement",
    "status": "complete",
    "legalBasis": {
      "id": "32014L0023",
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    },
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    "procurementMethod": "limited",
    "awardCriteriaDetails": "The procurement falls outside the scope of application of the Regulations. See explanation at Section II.2.4.",
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  "parties": [
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      "details": {
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        "classifications": [
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          }
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      },
      "identifier": {
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        "noIdentifierRationale": "notOnAnyRegister"
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      "contactPoint": {
        "name": "Brian Walsh",
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    },
    {
      "id": "GB-COH-04936525",
      "name": "Ballymore Limited",
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    {
      "id": "GB-FTS-81001",
      "name": "London Legacy Development Corporation",
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      "address": {
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  "language": "en",
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      "value": {
        "amount": 600000000,
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      "status": "active",
      "awardID": "051050-2025-1",
      "dateSigned": "2025-07-23T00:00:00+01:00"
    }
  ],
  "initiationType": "tender"
}
Complete JSON history (1 releases)
22 Aug 2025 · 051050-2025 · award, contract
{
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        "awardCriteria": {
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      "id": "45211360",
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      "description": "Urban development construction work"
    },
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        "postalCode": "E201JN",
        "countryName": "United Kingdom",
        "streetAddress": "5 Endeavour Square"
      },
      "details": {
        "url": "http://www.queenelizabetholympicpark.co.uk",
        "classifications": [
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          {
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      },
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