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Contract Award Notice

Havering Estate Regeneration Partner — Property/Asset JV Company

  • First published: 21 April 2018
  • Last modified: 21 April 2018

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
London Borough of Havering
Authority ID:
AA22068
Publication date:
21 April 2018
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
No

Abstract

The opportunity is a major regeneration and development project to deliver new housing in the London Borough of Havering. The opportunity will focus on Council owned sites throughout the borough (including but not limited to the initial 12 sites) and potentially other sites acquired by the Council (including through the JV) during the joint venture period. The JV will focus on delivering housing within the borough for the commercial private sale sector, shared ownership and affordable housing.

Full notice text

Concession award notice

Results of the procurement procedure

Section I: Contracting authority/entity

I.1) Name and addresses

London Borough of Havering

London

Romford

RM1 3BB

UK

E-mail: neil.stubbings@havering.gov.uk

NUTS: UKI52

Internet address(es)

Main address: www.havering.gov.uk

I.4) Type of the contracting authority

Regional or local authority

I.5) Main activity

General public services

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Havering Estate Regeneration Partner — Property/Asset JV Company

II.1.2) Main CPV code

70111000

 

II.1.3) Type of contract

Works

II.1.4) Short description

The Council was seeking to appoint a partner to form a long term corporate joint venture property vehicle (on a 50:50 ownership basis) to secure investment and expertise to deliver Havering's housing led regeneration strategy. The initial programme is anticipated to involve 12 sites across the borough delivering in the region of 3 000 new homes. The scheme will involve opportunities for development sales in partnership with the Council. The housing led development of sites may also involve a degree of mixed-use development including, but not limited to office, commercial, leisure, retail, community and public realm space being delivered ancillary to the residential focus and as part of the overall complex. The JV duration will be for an initial period of 15 years, with extension periods of 5 years, up to a maximum duration of 30 years.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 800 000 000.00  GBP

II.2) Description

II.2.3) Place of performance

NUTS code:

UKI5

II.2.4) Description of the procurement

The opportunity is a major regeneration and development project to deliver new housing in the London Borough of Havering. The opportunity will focus on Council owned sites throughout the borough (including but not limited to the initial 12 sites) and potentially other sites acquired by the Council (including through the JV) during the joint venture period. The JV will focus on delivering housing within the borough for the commercial private sale sector, shared ownership and affordable housing.

II.2.5) Award criteria

Concession is awarded on the basis of the criteria described below

Criterion: Partnering

Criterion: Sample package scheme development proposals

Criterion: Financial proposals

Criterion: Construction programme delivery

Criterion: Market positioning

Criterion: Legal and commercial

Criterion: Social value

Criterion: Additional sites

II.2.7) Duration of the contract, framework agreement, dynamic purchasing system or concession

Duration in months: 360

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Section IV: Procedure

IV.1) Description

IV.1.1) Form of procedure

Award procedure with prior publication of a concession notice

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2017/S 094-185114

Section V: Award of contract

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

22/02/2018

V.2.2) Information about tenders

Number of tenders received: 10

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Wates Construction Ltd

Leatherhead

UK

NUTS: UKJ2

The contractor is an SME: No

V.2.4) Information on value of the concession and main financing terms (excluding VAT)

Total value of the concession/lot: 800 000 000.00  GBP

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

Royal Courts of Justice

London

UK

VI.5) Date of dispatch of this notice

19/04/2018

Coding

Commodity categories

ID Title Parent category
70111000 Development of residential real estate Development services of real estate

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
neil.stubbings@havering.gov.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

0800 222 9004

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