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Official procurement procedure

WBC Town Hall Quarter - Development Partner Procurement

Building construction work
Construction work
Construction work for multi-dwelling buildings and individual houses
+1 more
East of England (UKH23)
Published value
£200,000,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Watford Borough Council: "WBC Town Hall Quarter - Development Partner Procurement". Published status: planned. Published value: £200,000,000. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityWatford Borough CouncilScope & CategoriesNot publishedSubmission Window
planned
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£200,000,000
Bidder Intelligence · Authority Profile: Watford Borough Council
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Watford Borough Council. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
2Bids / Report
50% 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; 2 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 Unpublished data stays unknown.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.
Procedure terms
Contracting AuthorityWatford Borough Council
Procedure methodNot published
Procurement categoryNot published
Statusplanned
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published2 Feb 2021, 16:32 GMT
Last source update2 Feb 2021, 16:32 GMT
Recurring procurementNot published
ClassificationBuilding construction work, Construction work, Construction work for multi-dwelling buildings and individual houses, Urban development construction work
Delivery area
East of England (UKH23)
OCIDocds-h6vhtk-028f78
What is being bought
Watford Borough Council, as contracting authority, wishes to appoint a private sector partner with whom to establish an incorporated joint venture for a development opportunity forming part of the Town Hall Quarter programme.
What changed
From the official release history
  1. Published value updated to £200,000,000
    2 Feb 2021, 16:32 GMT
  2. Status changed to planned
    2 Feb 2021, 16:32 GMT
  3. Official notice release published
    2 Feb 2021, 16:32 GMT
  4. Buyer information updated
    2 Feb 2021, 16:32 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    planned
    Published valueNot published
    The Council has recognised the potential of the area around the Town Hall to deliver an exciting, major regeneration programme. The Town Hall Quarter (THQ) programme will transform the area, securing a thriving new quarter with new homes, employment and public space, which will be underpinned by a revitalised creative, cultural and heritage offer. The Council will be looking for a joint venture partner to form a limited liability partnership (LLP) on a 50/50 basis. Whilst the joint venture LLP will not deliver all the THQ objectives it is expected to play a vital role in securing some of the objectives through the evolution of the THQ masterplan. The Council’s primary objective for seeking to set up a corporate joint venture is to progress redevelopment of the land around the Town Hall to deliver a new neighbourhood comprising at least 300 new homes. This will involve a residential-led development with supporting public realm and infrastructure, as well as some commercial uses.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    2 Feb 2021, 16:32 GMT
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Watford Borough Council

Contracting authority GB-FTS-4122
View buyer profile
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published