Scope
Description
Peabody is seeking to appoint a managing agent to oversee the operations, day to day management and administration of Phase 1 Holloway Park.
Holloway Park is a new neighbourhood of c.1,100 homes, on a 10-acre site in Northwest Islington, targeting 60% affordable homes. The development includes substantive public realm at the heart of which stands a 1.4-acre urban public park, generous communal amenity space, space dedicated to women’s services (“the Women’s Building”) and retail space.
The purpose of this tender is to procure a managing agent for the management of phase 1 only, on completion of phase 1. Phase 1 is currently estimated to complete in late 2027. Phase 1 is comprised of 429 homes spread across 7 residential blocks, the Women’s Building, the resident amenity space, the main part of the public park and one retail unit, with the remainder to be delivered later under phases 2 and 3. Phase 1 sits under a sitewide detailed planning consent to deliver 985 homes. Phases 2 and 3 are currently undergoing a redesign to the consented scheme ahead of a revised planning application to increase the total number of homes to c.1,100.
Contract 1
Supplier
Contract value
- £360,000 including VAT
Above the relevant threshold
Award decision date
2 March 2026
Date assessment summaries were sent to tenderers
2 March 2026
Standstill period
- End: 11 March 2026
- 8 working days
Earliest date the contract will be signed
13 March 2026
Contract dates (estimated)
- 1 April 2027 to 1 April 2030
- Possible extension to 31 March 2032
- 5 years
Description of possible extension:
Upto 2 x 12 months extensions
Main procurement category
Services
CPV classifications
- 70330000 - Property management services of real estate on a fee or contract basis
Contract locations
- UK - United Kingdom
Information about tenders
- 6 tenders received
- 3 tenders assessed in the final stage:
- 1 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 2 suppliers unsuccessful (details included for contracts over £5 million)
Submission
Submission type
Tenders
Procedure
Procedure type
Competitive flexible procedure
Supplier
Rendall & Rittner
- Companies House: 02515428
13b St George Wharf
London
SW8 2LE
United Kingdom
Region: UKI45 - Lambeth
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1
Contracting authority
Peabody Trust
- Public Procurement Organisation Number: PYJY-3925-DVJD
Minster Court, 45 47 Westminster Bridge Road
London
SE1 7JB
United Kingdom
Region: UKI44 - Lewisham and Southwark
Organisation type: Public authority - sub-central government