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Official procurement procedure

Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner

Architectural and building-surveying services
Architectural design services
Architectural
+51 more
Published value
£600,000,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: London Legacy Development Corporation: "Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner". Published status: complete. Published value: £600,000,000. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityLondon Legacy Development CorporationScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£600,000,000
Bidder Intelligence · Authority Profile: London Legacy Development Corporation
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for London Legacy Development Corporation. 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
2.3Bids / 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: 3 active published awards; 3 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 Unpublished data stays unknown.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
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
Published11 Aug 2022, 19:05 BST
Last source update11 Aug 2022, 19:05 BST
Recurring procurementNot published
ClassificationArchitectural 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, Construction work for electricity power lines, Construction work for highways, roads, Construction work for pipelines, communication and power lines, Construction work for water and sewage pipelines, Construction work for waterways, Demolition, site preparation and clearance work, Development consultancy services, Development services of real estate, District-heating mains construction work, Drainage construction works, Financial management consultancy services, Flats construction work, Gas distribution ancillary work, Gas supply mains construction work, Heating-plant repair and maintenance work, Houses construction work, Landscaping work, Multi-dwelling buildings construction work, Pedestrian ways construction work, Plumbing and sanitary works, Procurement consultancy services, Real estate services, Reception services, Repair and maintenance services of building installations, Repair and maintenance services of electrical and mechanical building installations, Residential property services, Sale of residential real estate, Security services, Shop buildings construction work, Urban development construction work, Urban planning and landscape architectural services, Works for complete or part construction and civil engineering work
Delivery area
OCIDocds-h6vhtk-035b2c
What is being bought
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.
What changed
From the official release history
  1. Published value updated to £600,000,000
    11 Aug 2022, 19:05 BST
  2. Status changed to complete
    11 Aug 2022, 19:05 BST
  3. Official notice release published
    11 Aug 2022, 19:05 BST
  4. Buyer information updated
    11 Aug 2022, 19:05 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    See II.1.4 above and note the following: 1) 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. 2) the DA shall provide ultimately for a 250 year leasehold interest of the Sites to be granted to the JV. 3) 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: https://award.bravosolution.co.uk/londonlegacy/web/project/8d9d1916-866d-45d0-9936-9ceb1c32f5cf/register and https://buildthelegacy.co.uk/
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    11 Aug 2022, 19:05 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 26 Jul 2022, 00:00 BST · £600,000,000
Commercial outcome and competition
Awards
Ballymore Limited
Not published · Not published · active
Contracts
Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner
£600,000,000 · signed 26 Jul 2022, 00:00 BST · active
Bid statistics
bids: 3 (lot 1)
Buyer and organisations in this procedure

London Legacy Development Corporation

Contracting authority GB-FTS-61195
View buyer profile
  • London Legacy Development Corporation
    buyer

    5 Endeavour Square, London, UKI, E20 1JN
    +44 2032881800
  • Ballymore Limited
    supplier

    04936525
    4th Floor, 161 Marsh Wall,, London, UKI, E14 9SJ
  • See VI.4.3
    reviewBody

    London
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published