Scope
Reference
TH 3517
Description
Thrive is seeking to enter into a transaction with Hill Residential Limited to purchase land at Lyndhurst Farm, Green Street, Borehamwood WD6 5NF on which it is intended to carry out a residential development. The land required for the development has been assembled by Hill Residential Limited which has carried out (on its own account and not on behalf of Thrive) significant preparatory work in the design and preparation of the development, including submitting designs, reports and other details for the discharging of planning conditions.
Hill Residential Limited has an exclusive right to purchase the land comprising the development site. It has agreed to transfer this right to Thrive, but only on the condition that its group company Hill Partnerships Limited carries out the proposed development. The land is not offered for sale without this condition. Thrive therefore considers that Hill Partnerships Limited has an exclusive right to carry out the works required to complete the development for the purpose of paragraph 5 of Schedule 5 to the Procurement Act 2023 and intends to grant a works contract to Hill Partnerships Limited on this basis.
Given the exclusive rights held by Hill Residential Limited, a development at this location cannot be acquired from any other person, and Thrive considers that no similar development, with planning permission and ready for construction, can be acquired in the locality as a reasonable alternative.
Contract 1. TH 3517 - New Build Contractor (Lyndhurst)
Supplier
Contract value
- £50,680,000 including VAT
Above the relevant threshold
Date signed
4 September 2025
Contract dates
- 4 September 2025 to 31 May 2028
- 2 years, 8 months, 27 days
Main procurement category
Works
CPV classifications
- 45210000 - Building construction work
Contract locations
- UK - United Kingdom
Key performance indicators
| Name | Reporting frequency |
|---|---|
| Accidents, near misses and hazards - to include lessons learned and changes made as well as recording the period of time taken to report such incidents. | 6 months |
| Post Practical Completion or Sectional Completion, a record of all defects reported and the status and response times in rectifying the defects (throughout the duration of the Rectification Period(s)) | 6 months |
| Training - to include details of site-specific induction procedures (individual and group) and communication of asbestos or other hazardous information | 6 months |
Signed contract documents
JCT Volume 1 Redacted v2 (2).pdf
JCT Volume 1
JCT Volume 4 Redacted (1).pdf
JCT Volume 4
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Direct award
Direct award justification
Single supplier - intellectual property or exclusive rights
Hill Residential Limited has an exclusive right to purchase the land comprising the development site. It has agreed to transfer this right to Thrive, but only on the condition that its group company Hill Partnerships Limited carries out the proposed development. The land is not offered for sale without this condition. Thrive therefore considers that Hill Partnerships Limited has an exclusive right to carry out the works required to complete the development for the purpose of paragraph 5 of Schedule 5 to the Procurement Act 2023 and intends to grant a works contract to Hill Partnerships Limited on this basis.
Given the exclusive rights held by Hill Residential Limited, a development at this location cannot be acquired from any other person, and Thrive considers that no similar development, with planning permission and ready for construction, can be acquired in the locality as a reasonable alternative.
Supplier
HILL PARTNERSHIPS LIMITED
- Companies House: 02599073
- Public Procurement Organisation Number: PNYB-6111-NWNJ
The Power House Gunpowder Mill
Waltham Abbey
EN9 1BN
United Kingdom
Email: bidteam@hill.co.uk
Website: http://www.hill.co.uk
Region: UKH35 - West Essex
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1. TH 3517 - New Build Contractor (Lyndhurst)
Contracting authority
Thrive Homes Limited
- Mutuals Public Register: 30398R
- Public Procurement Organisation Number: PHBB-8926-WHGM
Westside, London Road
Hemel Hempstead
HP3 9TD
United Kingdom
Contact name: Jenny Johnson
Region: UKH23 - Hertfordshire
Organisation type: Public undertaking (commercial organisation subject to public authority oversight)