Section one: Contracting authority/entity
one.1) Name and addresses
London Legacy Development Corporation
5 Endeavour Square
London
E20 1JN
Contact
Brian Walsh
Telephone
+44 2032881800
Country
United Kingdom
Region code
UKI - London
Internet address(es)
Main address
www.queenelizabetholympicpark.co.uk
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Other activity
Regeneration
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Pudding Mill Lane Joint Venture Development Partner
two.1.2) Main CPV code
- 45211360 - Urban development construction work
two.1.3) Type of contract
Works
two.1.4) Short description
London Legacy Development Corporation (‘LLDC’) has appointed a development partner to form a corporate joint venture (“JV”). The JV shall deliver the Pudding Mill Lane Development (‘the Site’) pursuant to a development agreement with LLDC (“DA”).
two.1.5) Estimated total value
Value excluding VAT: £600,000,000
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: £600,000,000
two.2) Description
two.2.2) Additional CPV code(s)
- 70000000 - Real estate services
- 70110000 - Development services of real estate
- 70123100 - Sale of residential real estate
- 70331000 - Residential property services
- 73220000 - Development consultancy services
- 45210000 - Building construction work
two.2.3) Place of performance
NUTS codes
- UKI41 - Hackney and Newham
Main site or place of performance
Hackney and Newham
two.2.4) Description of the procurement
See II.1.4 above and note the following: 1) LLDC has appointed a developer partner to jointly deliver the development of the Site through a 50%/50% incorporated vehicle (the “JV”) which shall be governed by a joint venture agreement. 2) the DA shall provide ultimately for a leasehold interest of the Site to be granted to the JV. 3) the JV will deliver circa 950 new homes of mixed tenure and 30,000 square meters of non-residential space.
two.2.5) Award criteria
Concession is awarded on the basis of the criteria described below:
- Criterion: Criterion: The concession is awarded on the basis of the criteria stated in the procurement documents.
two.2.7) Duration of the concession
Duration in months
240
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) Form of procedure
Award procedure with prior publication of a concession notice
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 000-001453
Section five. Award of concession
A concession/lot is awarded: Yes
five.2) Award of concession
five.2.1) Date of concession award decision
4 December 2024
five.2.2) Information about tenders
Number of tenders received: 2
The concession has been awarded to a group of economic operators: No
five.2.3) Name and address of the concessionaire
Countryside Properties (UK) Limited
Countryside House,, The Drive,, Brentwood
Essex
CM13 3AT
Country
United Kingdom
NUTS code
- UKH3 - Essex
National registration number
00614864
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: £600,000,000
Revenue from the payment of fees and fines by the users: £1
Prizes, payments or other financial advantages provided by the contracting authority/entity: £1
Section six. Complementary information
six.3) Additional information
To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=909829177
GO Reference: GO-20241216-PRO-28909030
six.4) Procedures for review
six.4.1) Review body
London Legacy Development Corporation
5 Endeavour Square
London
E20 1JN
Telephone
+44 2032881800
Country
United Kingdom