Find a TenderAwarded

Published 11 Aug 2022, 19:05 BST

Official UK procurement notice

Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner

Official notice

Authority: London Legacy Development Corporation (Public body)

WorksAward procedure with prior publication of a call for competition

Sectors: Construction & Civil Engineering (45)Repair & Maintenance (50)Real estate services (70)

+4 more

Architecture & Engineering (71)Research & Development (R&D) (73)Business Services & Consultancy (79)Cleaning & Environmental Services (90)

Delivery: London (UKI4)

Published estimate£600,000,000exc. VAT

Awarded 26 Jul 2022

Awarded to Ballymore Limited

What is being bought

Published requirement description

London Legacy Development Corporation (‘LLDC’) has appointed a development partner to form a corporate joint venture (“JV”). The JV shall deliver the Stratford Waterfront and Bridgewater residential developments (‘the Sites’) pursuant to a development agreement with LLDC (“DA”). The opportunity was advertised in the OJEU (2020/S 199-483916) and procured under the Concession Contracts Regulations 2016.

CPV: Architectural and building-surveying services · Architectural design services · Architectural, construction, engineering and inspection services · Architectural, engineering and planning services · Building and facilities management services · Building construction work · Building consultancy services · Building-cleaning services · Civil engineering consultancy services · Construction consultancy services · Construction work for bridges and tunnels, shafts and subways · Construction work for buildings relating to leisure, sports, culture, lodging and restaurants · +32 more

The lotProcurement structure

single lot · no lot value published

Lot #1See II.1.4 above and note the following:Awarded

See II.1.4 above and note the following:

LLDC has appointed a developer partner to jointly deliver the development of the Sites through a 50%/50% incorporated vehicle (the “JV”) which shall be governed by a joint venture agreement.
the DA shall provide ultimately for a 250 year leasehold interest of the Sites to be granted to the JV.
this opportunity may also include the balance of PDZ 8, the Pudding Mill Lane site and PDZ 12, the Rick Roberts Way site both identified in the Legacy Communities Scheme and under the control of LLDC, the total estimated development value for the additional site is £750m. Any such development of these future sites will be in material conformity with the same terms agreed for the Sites. Future sites are not guaranteed.

For further information please visit: award.bravosolution.co.uk/londonlegacy/web/pro… ↗ and buildthelegacy.co.uk ↗

Delivery: London · Inner London – East

45111000 Demolition, site preparation and clearance work 45112700 Landscaping work 45200000 Works for complete or part construction and civil engineering work 45210000 Building construction work 45211300 Houses construction work 45211340 Multi-dwelling buildings construction work

What it takes to win
i
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 more

How bids were scored

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: Unspecified in notice
First published: 11 Aug 2022, 19:05 BST
Last source update: 11 Aug 2022, 19:05 BST
FTS notice number: 2022/S 000-022224
Classification (CPV): Architectural and building-surveying servicesArchitectural design servicesArchitectural, construction, engineering and inspection servicesArchitectural, engineering and planning servicesBuilding and facilities management servicesBuilding construction workBuilding consultancy servicesBuilding-cleaning servicesCivil engineering consultancy servicesConstruction consultancy services
+34 more
Construction work for bridges and tunnels, shafts and subwaysConstruction work for buildings relating to leisure, sports, culture, lodging and restaurants
Delivery area: London (UKI4)
Official registry OCID: ocds-h6vhtk-035b2c Find a Tender

Publisher note: To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=712863319 GO Reference: GO-2022811-PRO-20774916

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £600,000,0001 contract exc. VAT

Bids received 3

Contracts signed 1latest 26 Jul 2022

Awarded to	Value	Date	Status
Ballymore Limited	£600,000,000 †	—	Awarded

Contracts

Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner · Ballymore Limited
Signed
26 Jul 2022
Value
£600,000,000
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
3bids	—	—	—

Contracting authority & participating public bodies

London Legacy Development Corporation

Contracting authorityPublic bodyBody governed by public lawRegeneration 5 Endeavour Square, London, London, E20 1JNContact name, email, phone

Dispute resolution & review bodies

See VI.4.3Review body London

Bidders & participating suppliers

1 commercial party on the notice

Ballymore LimitedAwarded supplier04936525 4th Floor, 161 Marsh Wall,, London, London, E14 9SJ

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.