London Legacy Development Corporation: Pudding Mill Lane 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: brianwalsh@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: Pudding Mill Lane 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 Pudding Mill Lane Development (‘the Site’) pursuant to a development agreement with LLDC (“DA”).    
         
   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.
      

   II.2.3) Place of performance
      Region Codes:      
      UKI41 - Hackney and Newham
   

   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 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.

      II.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.
            

   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: 2023/S 000 - 001453

Section V: Award of concession
   
Award of concession : 1
      
Title:
A concession/lot is awarded: Yes    

V.2) Award of concession:
   
   V.2.1) Date of concession award decision: 04/12/2024    
   
   V.2.2) Information about tenders
      Number of tenders received: 2       
      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
       Countryside Properties (UK) Limited, 00614864
       Countryside House,, The Drive,, Brentwood, Essex, CM13 3AT, United Kingdom
       NUTS Code: UKH3
      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: 1.0       
      Prizes, payments or other financial advantages provided by the contracting authority/entity: 1.0       
      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=909829177
GO-20241216-PRO-28909030 TKR-20241216-PRO-28909029       
VI.4) Procedures for review

   VI.4.1) Review body
       London Legacy Development Corporation
       5 Endeavour Square, London, E20 1JN, United Kingdom
       Tel. +44 2032881800    
               
   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: 16/12/2024