London Legacy Development Corporation: Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner

UK-London: Urban development construction work.

Section I: Contracting Authority
I.1) Name and addresses:
       London Legacy Development Corporation
       5 Endeavour Square, London, E20 1JN, United Kingdom
       Tel. +44 2032881800, Email: procurement@londonlegacy.co.uk
       Contact: Brian Walsh
       Main Address: www.queenelizabetholympicpark.co.uk
       NUTS Code: UKI

I.4) Type of the contracting authority
Body governed by public law


I.5) Main activity:
Other activity: Regeneration

Section II: Object

II.1) Scope of the procurement
   II.1.1) Title: Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner    
   Reference number: Not Provided

   II.1.2) Main CPV code:
      45211360 - Urban development construction work.
          

   II.1.3) Type of contract: WORKS    
   
   II.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 Stratford Waterfront and Bridgewater residential developments (‘the Sites’) pursuant to a development agreement with LLDC (“DA”). The opportunity was advertised in the OJEU (2020/S 199-483916) and procured under the Concession Contracts Regulations 2016.    
         
   II.1.5) Estimated total value:
      Value excluding VAT: 600,000,000       
      Currency : GBP       
      Method used for calculating the estimated value of the concession: Not Provided

   II.1.6) Information about lots:
      This contract is divided into lots: No

            
   II.1.7) Total value of the procurement (excluding VAT)    
         Value : 600,000,000 Currency : GBP
   

   

II.2) Lot Description    

   II.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.
         45211340 - Multi-dwelling buildings construction work.
         45211300 - Houses construction work.
         45211341 - Flats construction work.
         45212000 - Construction work for buildings relating to leisure, sports, culture, lodging and restaurants.
         45213110 - Shop buildings construction work.
         45112700 - Landscaping work.
         45233100 - Construction work for highways, roads.
         45221000 - Construction work for bridges and tunnels, shafts and subways.
         45233260 - Pedestrian ways construction work.
         45231000 - Construction work for pipelines, communication and power lines.
         45231221 - Gas supply mains construction work.
         45231223 - Gas distribution ancillary work.
         45231300 - Construction work for water and sewage pipelines.
         45232450 - Drainage construction works.
         45231400 - Construction work for electricity power lines.
         45232140 - District-heating mains construction work.
         45247100 - Construction work for waterways.
         45200000 - Works for complete or part construction and civil engineering work.
         71000000 - Architectural, construction, engineering and inspection services.
         71220000 - Architectural design services.
         71240000 - Architectural, engineering and planning services.
         71251000 - Architectural and building-surveying services.
         71400000 - Urban planning and landscape architectural services.
         71530000 - Construction consultancy services.
         71311000 - Civil engineering consultancy services.
         71315200 - Building consultancy services.
         79418000 - Procurement consultancy services.
         79993000 - Building and facilities management services.
         50700000 - Repair and maintenance services of building installations.
         50710000 - Repair and maintenance services of electrical and mechanical building installations.
         45259300 - Heating-plant repair and maintenance work.
         45330000 - Plumbing and sanitary works.
         79992000 - Reception services.
         90911200 - Building-cleaning services.
         79710000 - Security services.
         79412000 - Financial management consultancy services.
         45111000 - Demolition, site preparation and clearance work.
      

   II.2.3) Place of performance
      Region Codes:      
      UKI4 - Inner London – East
   

   II.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 Sites 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 250 year leasehold interest of the Sites to be granted to the JV.
3) this opportunity may also include the balance of PDZ 8, the Pudding Mill Lane site and PDZ 12, the Rick Roberts Way site both identified in the Legacy Communities Scheme and under the control of LLDC, the total estimated development value for the additional site is £750m. Any such development of these future sites will be in material conformity with the same terms agreed for the Sites. Future sites are not guaranteed.
For further information please visit: https://award.bravosolution.co.uk/londonlegacy/web/project/8d9d1916-866d-45d0-9936-9ceb1c32f5cf/register and https://buildthelegacy.co.uk/

      II.2.5) Award criteria:
               
      Concession is awarded on the basis of
         the criteria described below
         
            Criterion: The concession is awarded on the basis of the criteria stated in the procurement documents.
            

   II.2.7) Duration of the concession
             Duration in months: 240                         
   
   II.2.13) Information about European Union funds
      The procurement is related to a project and/or programme financed by European Union funds : No       
               
   
   II.2.14) Additional information Not Provided             
         
Section IV: Procedure   

IV.1) Description   
   IV.1.1) Form of procedure           Award procedure with prior publication of a concession notice         
      

   IV.1.8) Information about the Government Procurement Agreement (GPA)
      The procurement is covered by the Government Procurement Agreement: No    
   
   IV.1.11) Main features of the award procedure    
    Not Provided

IV.2) Administrative information

   IV.2.1) Previous publication concerning this procedure:
      Notice number in OJ S: 2020/S 199 - 483916

Section V: Award of concession
   
Award of concession : 1
      
Title: Stratford Waterfront and Bridgewater Residential Joint Venture Development Partner
A concession/lot is awarded: Yes    

V.2) Award of concession:
   
   V.2.1) Date of concession award decision: 26/07/2022    
   
   V.2.2) Information about tenders
      Number of tenders received: 3       
      Number of tenders received from SMEs: Not Provided (SME - as defined in Commission Recommendation 2003/361/EC)
      Number of tenders received from tenderers from other EU Member States: Not Provided       
      Number of tenders received from tenderers from non-EU Member States: Not Provided       
      Number of tenders received by electronic means: Not Provided       
      
      The contract has been awarded to a group of economic operators No
   
   V.2.3) Name and address of the concessionaire       
      Name and address of the concessionaire No. 1
       Ballymore Limited, 04936525
       4th Floor, 161 Marsh Wall,, London, E14 9SJ, United Kingdom
       NUTS Code: UKI
      The concessionaire is an SME : No       
   
   V.2.4) Information on value of the concession and main financing terms (excluding VAT)       
      Initial estimated total value of the contract/lot/concession: Not Provided       
      Total value of the concession/lot: 6.0E8       
      Revenue from the payment of fees and fines by the users: Not Provided       
      Prizes, payments or other financial advantages provided by the contracting authority/entity: Not Provided       
      Currency: GBP       
      Any other details relevant to the value of the concession according to Art. 8(3) of the directive: Not Provided       


Section VI: Complementary Information    
   
VI.3) Additional information:    
    To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=712863319
GO-2022811-PRO-20774916 TKR-2022811-PRO-20774915       
VI.4) Procedures for review

   VI.4.1) Review body
       See VI.4.3
       London, United Kingdom    
               
   VI.4.2) Body responsible for mediation procedures
      Not Provided

   VI.4.3) Review procedure
   Precise information on deadline(s) for review procedures:       
         Not Provided          
         
   VI.4.4) Service from which information about the lodging of appeals may be obtained:
      Not Provided

VI.5) Date Of Dispatch Of This Notice: 11/08/2022