Section one: Contracting authority
one.1) Name and addresses
Places for London
5 Endeavour Square
London
E20 1JN
Contact
Alina Ladha
Country
United Kingdom
Region code
UKI - London
Internet address(es)
Main address
https://www.placesforlondon.co.uk/
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Other activity
Property Development
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
TfL 95052 Bollo Lane Opportunity
Reference number
DN470783
two.1.2) Main CPV code
- 70110000 - Development services of real estate
two.1.3) Type of contract
Services
two.1.4) Short description
In January 2022, Transport for London (TfL) commenced a procurement process to appoint a joint venture partner (JVP) to provide property development services for a multi-phased and mixed used development at the Bollo Lane site in Acton, West London.
The opportunity consisted of the development of Phase 1 and Phase 2 of the Bollo Lane site. The opportunity also included options in relation to the development of Phase 3 of the Bollo Lane site, an additional site at Ealing Common Depot and additional sites from within TfL’s portfolio located in West London (Additional West London Site(s)).
A Contract Award Notice (reference: 2023/S 000-012442) was published on 02 May 2023 confirming the decision to select BDW Trading Limited as the JVP.
The option for Additional West London Sites has now been exercised for a site at High Barnet Station Car Park and adjoining land on Barnet Hill, Barnet forming part of the property registered at the Land Registry with title number NGL72676 (High Barnet Site).
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Lowest offer: £955,000,000 / Highest offer: £1,025,000,000 taken into consideration
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKI - London
two.2.4) Description of the procurement
Transport for London (TfL) undertook a competitive dialogue procurement process in 2022 to appoint a joint venture partner (JVP) to provide property development services for West London. The first site being Bollo Lane, Acton Town. The Contract Award Notice reference: 2023/S 000-012442.
The opportunity included options in relation to the development of Additional West London Sites. The Additional West London Sites option has been exercised in accordance with the mechanisms foreseen in the original procurement documents for the development of the High Barnet Site.
A joint venture agreement was entered into by and between TTL High Barnet Properties Limited, London Underground Limited, Places for London Limited, and BDW Trading Limited on 25 October 2024 to develop the High Barnet Site (the High Barnet Joint Venture). The total value of BDW's share of the High Barnet Joint Venture is £60.48m.
two.2.5) Award criteria
Quality criterion - Name: Technical / Weighting: 60
Price - Weighting: 40
two.2.11) Information about options
Options: Yes
Description of options
In January 2022, Transport for London (TfL) commenced a procurement process to appoint a joint venture partner (JVP) to provide property development services for a multi-phased and mixed used development at the Bollo Lane site in Acton, West London.
The opportunity consisted of the development of Phase 1 and Phase 2 of the Bollo Lane site. The opportunity also included options in relation to the development of Phase 3 of the Bollo Lane site, an additional site at Ealing Common Depot and an additional site or sites from within TfL’s portfolio located in West London (Additional West London Site(s)).
This notice concerns the exercise of the Additional West London Sites option for the development of the High Barnet Site.
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Competitive dialogue
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2023/S 000-012442
four.2.9) Information about termination of call for competition in the form of a prior information notice
The contracting authority will not award any further contracts based on the above prior information notice
Section five. Award of contract
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
31 March 2024
five.2.2) Information about tenders
Number of tenders received: 2
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
BDW Trading Limited
Barratt House Cartwright Way, Forest Business Park, Bardon Hill
Leicestershire
LE67 1UF
Country
United Kingdom
NUTS code
- UK - United Kingdom
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Lowest offer: £955,000,000 / Highest offer: £1,025,000,000 taken into consideration
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Technology and Construction Court
7 Rolls Buildings
London
EC4A 1NL
Country
United Kingdom