Section one: Contracting authority/entity
one.1) Name and addresses
Places for London Limited
5 Endeavour Square
LONDON
E201JN
Contact
Paul O'Dowd
Country
United Kingdom
Region code
UKI - London
Companies House
08961151
Internet address(es)
Main address
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