Public procurement notice: Works Concession
Published: 2017-10-20
Buyer: Peabody Trust
Country: UK
Contract type: Works
Procedure: Concession award procedure
CPV classification: 45111000 | 45112700 | 45200000: Building and civil engineering work | 45210000: Building construction work | 45211300
Estimated value: 3500000000 GBP
Submission deadline: 2017-11-22
Award criteria: Other

Technical requirements: Peabody Trust (‘Peabody’) is seeking a strategic investment and development partner for the regeneration of the area known as Thamesmead Waterfront in South East London (‘Site’). The Site has the potential to deliver 11 500 new homes, a rejuvenated town centre with retail, commercial, leisure and educational facilities as part of a comprehensive redevelopment. The partner's role will involve: providing or securing investment; providing strategic advice in relation to the overarching business plan, the masterplan and physical infrastructure; place-making and design services; development delivery, project management, construction management and procurement services; stakeholder engagement and consultation services; advice in relation to the long-term management of the Site; and advice on the marketing and disposal of development parcels. The opportunity may also involve managing developed assets held by the JV partnership and/or by Peabody to generate income streams.
The appointed partner will enter into a Mobilisation and Implementation Agreement (M&I Phase) to work in partnership with Peabody to provide services to refine, develop and finalise strategies for business plans; masterplanning; delivery programme and phasing; infrastructure delivery; financing and supply-chain appointment in preparation to initiate the subsequent establishment of the joint venture partnership arrangements (JV Phase) through which the partners will deliver the regeneration of the site and management of assets. The M&I Phase is expected to be up to 2 years in duration with flexibility for the partners to agree to commence the JV Phase earlier (or to postpone it) in response to market conditions and opportunities.
Further information and details about the scope of the procurement are set out in the Memorandum of Information as part of the procurement documents available at www.delta-esourcing.com
The estimated values in II.1.5 and II.2.6 represent the potential value of development and services (1 500 000 000 to 3 500 000 000). However, potential returns will depend on many commercial factors including (but not limited to) the performance of the developer and market conditions. Bidders should seek independent legal and commercial advice in relation to the potential value of the opportunity.
The partner may be required to actively participate in the achievement of social and/or environmental policy objectives relating to recruitment and training and supply-chain initiatives. Accordingly contract performance conditions may relate to social and environmental considerations.
Peabody anticipates that it will enter into the M&I Agreement and any subsequent joint venture partnership arrangements through its wholly own subsidiary company Peabody Land Limited but reserves the right to enter the proposed arrangements through any of its subsidiary bodies.
II.2.7 includes the potential length of any long-term asset management role. The M&I Phase is anticipated to be up to 2 years and the construction development and sales period of the JV Phase ranging between 10 to 40 years. The Concession Contracts Regulation 2016 applies to the competition. Peabody intends to conduct a multi-stage procurement procedure with the option of reducing the number of tenderers to continue negotiations at each stage. Award criteria and further procurement documents will be provided at the commencement of the tender & negotiation stages to bidders shortlisted to participate. Expressions of interest must be by way of completion and return of the selection questionnaire (SQ) (in accordance with the requirements set out in the SQ by the time limit in Section IV.2.2 above).
https://www.delta-esourcing.com/tenders/UK-UK-London:-Urban-development-construction-work./G68846H9PY
In accordance with Regulation 47 (Notice of decision to award a concession contract); regulation 48 (Standstill period) and regulation 52 to 63 of the Concession Contracts Regulations 2016 (‘CCR 2016’). Following any decision to award the concession contract the contracting authority will be providing debriefing information to unsuccessful bidders in accordance with Regulation 47 CCR 2016) and observe a minimum 10 day standstill period (in accordance with regulation 48 CCR 2016) before the concession contract is entered into.
Bidders should note that the procurement documents (including the Memorandum of Information) provide indicative information of Peabody's intended approach in the procurement process at this stage and are for general information only. Peabody reserves the right to vary, amend and update any aspects of the procurement documents and final details and versions of the procurement documents will be confirmed to applicants successful in being selected to participate in the relevant tender stages of the procurement procedure.
Peabody reserves the right not to award the opportunity or to award only part (or a different arrangement) of the opportunity described in this Concession Notice.


Award value: 3500000000