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Summary

OCID:: ocds-h6vhtk-035b2c
Published by:: London Legacy Development Corporation
Authority ID:: AA20923
Publication date:: 12 August 2022
Deadline date:: -
Notice type:: Contract Award Notice
Has documents:: No
Has SPD:: No
Has Carbon Reduction Plan:: N/A

Abstract

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/

Full notice text

Concession award notice

Results of the procurement procedure

Section I: Contracting authority/entity

I.1) Name and addresses

London Legacy Development Corporation

5 Endeavour Square

London

E20 1JN

Contact person: Brian Walsh

Telephone: +44 2032881800

E-mail: procurement@londonlegacy.co.uk

NUTS: UKI

Internet address(es)

Main address: www.queenelizabetholympicpark.co.uk

I.4) Type of the contracting authority

Body governed by public law

I.5) Main activity

Other: Regeneration

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner

II.1.2) Main CPV code

45211360

II.1.3) Type of contract

Works

II.1.4) Short 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.

II.1.5) Estimated total value

Value excluding VAT: 600 000 000.00 GBP

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 600 000 000.00 GBP

II.2) Description

II.2.2) Additional CPV code(s)

70000000

70110000

70123100

70331000

73220000

45210000

45211340

45211300

45211341

45212000

45213110

45112700

45233100

45221000

45233260

45231000

45231221

45231223

45231300

45232450

45231400

45232140

45247100

45200000

71000000

71220000

71240000

71251000

71400000

71530000

71311000

71315200

79418000

79993000

50700000

50710000

45259300

45330000

79992000

90911200

79710000

79412000

45111000

II.2.3) Place of performance

NUTS code:

UKI4

Main site or place of performance:

Inner London – East

II.2.4) Description of the procurement

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.

For further information please visit: https://award.bravosolution.co.uk/londonlegacy/web/project/8d9d1916-866d-45d0-9936-9ceb1c32f5cf/register and https://buildthelegacy.co.uk/

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

Duration in months: 240

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: No

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2020/S 199-483916

Section V: Award of contract

Title: Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

26/07/2022

V.2.2) Information about tenders

Number of tenders received: 3

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

V.2.3) Name and address of the contractor

Ballymore Limited

04936525

4th Floor, 161 Marsh Wall,

London

E14 9SJ

NUTS: UKI

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: 600 000 000.00 GBP

Section VI: Complementary information

VI.3) Additional information

To view this notice, please click here:

https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=712863319

GO Reference: GO-2022811-PRO-20774916

VI.4) Procedures for review

VI.4.1) Review body

See VI.4.3

London

VI.5) Date of dispatch of this notice

11/08/2022

Coding

Commodity categories

ID	Title	Parent category
71251000	Architectural and building-surveying services	Architectural, engineering and surveying services
71220000	Architectural design services	Architectural and related services
71000000	Architectural, construction, engineering and inspection services	Construction and Real Estate
71240000	Architectural, engineering and planning services	Architectural and related services
79993000	Building and facilities management services	Miscellaneous business-related services
45210000	Building construction work	Works for complete or part construction and civil engineering work
71315200	Building consultancy services	Building services
90911200	Building-cleaning services	Accommodation, building and window cleaning services
71311000	Civil engineering consultancy services	Consultative engineering and construction services
71530000	Construction consultancy services	Construction-related services
45221000	Construction work for bridges and tunnels, shafts and subways	Engineering works and construction works
45212000	Construction work for buildings relating to leisure, sports, culture, lodging and restaurants	Building construction work
45231400	Construction work for electricity power lines	Construction work for pipelines, communication and power lines
45233100	Construction work for highways, roads	Construction, foundation and surface works for highways, roads
45231000	Construction work for pipelines, communication and power lines	Construction work for pipelines, communication and power lines, for highways, roads, airfields and railways; flatwork
45231300	Construction work for water and sewage pipelines	Construction work for pipelines, communication and power lines
45247100	Construction work for waterways	Construction work for dams, canals, irrigation channels and aqueducts
45111000	Demolition, site preparation and clearance work	Building demolition and wrecking work and earthmoving work
73220000	Development consultancy services	Research and development consultancy services
70110000	Development services of real estate	Real estate services with own property
45232140	District-heating mains construction work	Ancillary works for pipelines and cables
45232450	Drainage construction works	Ancillary works for pipelines and cables
79412000	Financial management consultancy services	Business and management consultancy services
45211341	Flats construction work	Construction work for multi-dwelling buildings and individual houses
45231223	Gas distribution ancillary work	Construction work for pipelines, communication and power lines
45231221	Gas supply mains construction work	Construction work for pipelines, communication and power lines
45259300	Heating-plant repair and maintenance work	Repair and maintenance of plant
45211300	Houses construction work	Construction work for multi-dwelling buildings and individual houses
45112700	Landscaping work	Excavating and earthmoving work
45211340	Multi-dwelling buildings construction work	Construction work for multi-dwelling buildings and individual houses
45233260	Pedestrian ways construction work	Construction, foundation and surface works for highways, roads
45330000	Plumbing and sanitary works	Building installation work
79418000	Procurement consultancy services	Business and management consultancy services
70000000	Real estate services	Construction and Real Estate
79992000	Reception services	Miscellaneous business-related services
50700000	Repair and maintenance services of building installations	Repair and maintenance services
50710000	Repair and maintenance services of electrical and mechanical building installations	Repair and maintenance services of building installations
70331000	Residential property services	Property management services of real estate on a fee or contract basis
70123100	Sale of residential real estate	Sale of real estate
79710000	Security services	Investigation and security services
45213110	Shop buildings construction work	Construction work for commercial buildings, warehouses and industrial buildings, buildings relating to transport
45211360	Urban development construction work	Construction work for multi-dwelling buildings and individual houses
71400000	Urban planning and landscape architectural services	Architectural, construction, engineering and inspection services
45200000	Works for complete or part construction and civil engineering work	Construction work

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:: procurement@londonlegacy.co.uk
Admin contact:: N/a
Technical contact:: N/a
Other contact:: N/a

Further information

Date	Details
No further information has been uploaded.

Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner

Contents

Summary

Abstract

Full notice text

Concession award notice

Section I: Contracting authority/entity

I.1) Name and addresses

I.4) Type of the contracting authority

I.5) Main activity

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

II.1.2) Main CPV code

II.1.3) Type of contract

II.1.4) Short description

II.1.5) Estimated total value

II.1.6) Information about lots

II.1.7) Total value of the procurement

II.2) Description

II.2.2) Additional CPV code(s)

II.2.3) Place of performance

II.2.4) Description of the procurement

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

II.2.13) Information about European Union funds

Section IV: Procedure

IV.1) Description

IV.1.1) Form of procedure

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

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Section V: Award of contract

V.2 Award of contract

V.2.1) Date of conclusion of the contract

V.2.2) Information about tenders

V.2.3) Name and address of the contractor

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

Section VI: Complementary information

VI.3) Additional information

VI.4) Procedures for review

VI.4.1) Review body

VI.5) Date of dispatch of this notice

Coding

Commodity categories

Delivery locations

Alert region restrictions

About the buyer

Further information