Contract

Electric Vehicle Charging Hubs Joint Venture

  • Places for London Limited

F25: Concession award notice

Notice identifier: 2024/S 000-039949

Procurement identifier (OCID): ocds-h6vhtk-041cec

Published 11 December 2024, 2:38pm



Section one: Contracting authority/entity

one.1) Name and addresses

Places for London Limited

5 Endeavour Square

LONDON

E201JN

Contact

Paul O'Dowd

Email

v_paulodowd@tfl.gov.uk

Country

United Kingdom

Region code

UKI - London

Companies House

08961151

Internet address(es)

Main address

www.tfl.gov.uk

one.4) Type of the contracting authority

Body governed by public law

one.5) Main activity

Other activity

Transport and Property Development


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Electric Vehicle Charging Hubs Joint Venture

Reference number

Places 00026 Places_EV Charging Hubs

two.1.2) Main CPV code

  • 63712600 - Vehicle refuelling services
    • CB10 - Electrically powered
    • CB42 - Battery powered
    • IA01 - Design and construction
    • KA03 - For electrical equipment
    • KA04 - For electrical installations
    • MA07 - For motor vehicles

two.1.3) Type of contract

Services

two.1.4) Short description

Places for London Limited (Places for London), a wholly owned subsidiary of Transport for London (TfL) has undertaken a procurement process to appoint a Joint Venture (JV) partner to design, build, operate and maintain an initial five (5) Electric Vehicle Charging Hubs as well as carrying out ancillary and/or complementary development and use of the sites where relevant. The aim of the JV partnership is to scale up delivery over time, with ambitions for up to 65 sites to be delivered.

In collaboration with a Joint Venture partner, Places for London is looking to position TfL in the Electric Vehicle (EV) charging growth market, utilising TfL land to develop EV charging infrastructure.  

The objective of the JV is to generate, long-term sustainable and growing dividends for the JV participants by delivering material improvements in the number, distribution, accessibility and sustainability of EV charging infrastructure; all of which will directly contribute to London's transition to a net-zero carbon city.

two.1.6) Information about lots

This concession is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £2,030,000,000

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKI - London

two.2.4) Description of the procurement

Places for London's Joint Venture (JV) proposition is based on it holding a minority share (49 per cent) in a JV company which will design, build, operate, and maintain industry-leading electric vehicle charging infrastructure, as well as ancillary and/or complementary facilities, on up to five (5) properties initially.

The participants in the JV company are a Places for London subsidiary company and the successful bidder.

Up to five (5) hub sites will form the scope of the initial opportunity, but this may be scaled up to circa sixty-five (65) hub sites over the full term of the JV.

It is envisaged the lease for each site will be thirty (30) years, however, due to the phasing of sites potentially being in scope the JV itself will run for at least fifty (50) years.

The value stated in this Concession Notice is the estimated turnover the appointed JV partner may receive for all circa sixty-five (65) hub sites excluding VAT.

two.2.5) Award criteria

Concession is awarded on the basis of the criteria described below:

  • Criterion: Concession is awarded on the basis of the criteria stated in the procurement documents

two.2.7) Duration of the concession

Duration in months

600

two.2.14) Additional information

It is envisaged the lease for each site will be thirty (30) years, however, due to the phasing of sites potentially being in scope the JV itself will run for at least fifty (50) years.


Section four. Procedure

four.1) Description

four.1.1) Form of procedure

Award procedure with prior publication of a concession notice

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2023/S 000-034909


Section five. Award of concession

A concession/lot is awarded: Yes

five.2) Award of concession

five.2.1) Date of concession award decision

15 November 2024

five.2.2) Information about tenders

Number of tenders received: 3

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

five.2.3) Name and address of the concessionaire

Fastned UK Limited

3 Bath Place

London

EC2A 3DR

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

11140404

The concessionaire is an SME

No

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

Total value of the concession/lot: £2,030,000,000


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

High Court of England & Wales

7 The Rolls Building, Fetter Lane

London

EC4 1LL

Country

United Kingdom