Scope
Description
Peabody is seeking to appoint a managing agent to oversee the operations, day to day management and administration of Phase 1 Holloway Park.
Holloway Park is a new neighbourhood of c.1,100 homes, on a 10-acre site in Northwest Islington, targeting 60% affordable homes. The development includes substantive public realm at the heart of which stands a 1.4-acre urban public park, generous communal amenity space, space dedicated to women's services ("the Women's Building") and retail space.
The purpose of this tender is to procure a managing agent for the management of phase 1 only, on completion of phase 1. Phase 1 is currently estimated to complete in late 2027. Phase 1 is comprised of 429 homes spread across 7 residential blocks, the Women's Building, the resident amenity space, the main part of the public park and one retail unit, with the remainder to be delivered later under phases 2 and 3. Phase 1 sits under a sitewide detailed planning consent to deliver 985 homes. Phases 2 and 3 are currently undergoing a redesign to the consented scheme ahead of a revised planning application to increase the total number of homes to c.1,100.
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Total value (estimated)
- £360,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 1 April 2027 to 1 April 2030
- Possible extension to 31 March 2032
- 5 years
Description of possible extension:
Upto 2 x 12 months extensions
Main procurement category
Services
CPV classifications
- 70330000 - Property management services of real estate on a fee or contract basis
Participation
Particular suitability
- Small and medium-sized enterprises (SME)
- Voluntary, community and social enterprises (VCSE)
Submission
Enquiry deadline
27 October 2025, 5:00pm
Submission type
Tenders
Deadline for requests to participate
4 November 2025, 12:00pm
Electronic auction will be used
Yes
Submission address and any special instructions
Tenders may be submitted electronically
Yes
Languages that may be used for submission
English
Award decision date (estimated)
27 February 2026
Award criteria
| Name | Type | Weighting |
|---|---|---|
| Criterion 2 | Quality | 70% |
| Criterion 1 | Price | 30% |
Other information
Applicable trade agreements
- Government Procurement Agreement (GPA)
- Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Competitive flexible procedure
Competitive flexible procedure description
Initial Shortlisting, Tender
Contracting authority
Peabody Trust
- Public Procurement Organisation Number: PYJY-3925-DVJD
Minster Court, 45 47 Westminster Bridge Road
London
SE1 7JB
United Kingdom
Region: UKI44 - Lewisham and Southwark
Organisation type: Public authority - sub-central government