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Official procurement procedure
TH 3517 - New Build Contractor (Lyndhurst)
No classification published
Location not published
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Thrive Homes Limited: "TH 3517 - New Build Contractor (Lyndhurst)". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | Thrive Homes Limited | Scope & Categories | Not published | Submission Window | complete No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | Not published |
Bidder Intelligence · Authority Profile: Thrive Homes Limited
Market Analytics
Derived from OCDS awards & bid statistics
Published history for Thrive Homes Limited. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Competition Density
3.7Bids / Report
Supplier ConcentrationHigh Concentration
Incito Solutions LtdTop vendor: 100% of attributable valuePayment Terms
Check noticePublished terms
Coverage: 5 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. Price reduction 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 Unpublished data stays unknown.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.
Historical Awarded Suppliers With This Authority:
| Supplier Name | Historic Awards | Attributable GBP Value |
|---|---|---|
| Incito Solutions Ltd | 1 win | £180,000 |
Procedure terms
Contracting AuthorityThrive Homes Limited | 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 |
Published3 Oct 2025, 14:11 BST | Last source update3 Oct 2025, 14:11 BST | Recurring procurementNot published |
ClassificationNot published | ||
Delivery areaLocation not published | ||
OCIDocds-h6vhtk-05446e | ||
What is being bought
Thrive is seeking to enter into a transaction with Hill Residential Limited to purchase land at Lyndhurst Farm, Green Street, Borehamwood WD6 5NF on which it is intended to carry out a residential development. The land required for the development has been assembled by Hill Residential Limited which has carried out (on its own account and not on behalf of Thrive) significant preparatory work in the design and preparation of the development, including submitting designs, reports and other details for the discharging of planning conditions.
Hill Residential Limited has an exclusive right to purchase the land comprising the development site. It has agreed to transfer this right to Thrive, but only on the condition that its group company Hill Partnerships Limited carries out the proposed development. The land is not offered for sale without this condition. Thrive therefore considers that Hill Partnerships Limited has an exclusive right to carry out the works required to complete the development for the purpose of paragraph 5 of Schedule 5 to the Procurement Act 2023 and intends to grant a works contract to Hill Partnerships Limited on this basis.
Given the exclusive rights held by Hill Residential Limited, a development at this location cannot be acquired from any other person, and Thrive considers that no similar development, with planning permission and ready for construction, can be acquired in the locality as a reasonable alternative.
What changed
From the official release history
- Official notice release published
3 Oct 2025, 14:11 BST - Official notice release published
6 Jun 2025, 13:31 BST - Status changed to complete
6 Jun 2025, 13:25 BST - Official notice release published
6 Jun 2025, 13:25 BST - Buyer information updated
6 Jun 2025, 13:25 BST
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedcompletePublished valueNot publishedThe source published no individual title or description for this lot.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
3 Oct 2025, 14:11 BST - Award active
Not published · Not published - Contract active
Signed 4 Sept 2025, 00:00 BST · £50,680,000
Commercial outcome and competition
Awards HILL PARTNERSHIPS LIMITED Not published · Not published · active |
Contracts TH 3517 - New Build Contractor (Lyndhurst) £50,680,000 · signed 4 Sept 2025, 00:00 BST · active Contract period: 4 Sept 2025, 00:00 BST — 31 May 2028, 23:59 BST |
Bid statisticsNo aggregate bid statistics published |
Buyer and organisations in this procedure
Thrive Homes Limited
Contracting authority GB-MPR-30398RDocuments (1)
Official links; attachments are not copied
Related procedures (0)
No related procedures published
Planning and rationale
Planning budgetNot published |
No-engagement rationaleNot published |
Procedure rationaleHill Residential Limited has an exclusive right to purchase the land comprising the development site. It has agreed to transfer this right to Thrive, but only on the condition that its group company Hill Partnerships Limited carries out the proposed development. The land is not offered for sale without this condition. Thrive therefore considers that Hill Partnerships Limited has an exclusive right to carry out the works required to complete the development for the purpose of paragraph 5 of Schedule 5 to the Procurement Act 2023 and intends to grant a works contract to Hill Partnerships Limited on this basis.
Given the exclusive rights held by Hill Residential Limited, a development at this location cannot be acquired from any other person, and Thrive considers that no similar development, with planning permission and ready for construction, can be acquired in the locality as a reasonable alternative. |