Peabody Trust: South Thamesmead Phases 2 and 3 Joint Venture Partnership

UK-London: Building construction work.

Section I: Contracting Authority / Entity

   I.1) Name and Addresses:
             Peabody Trust
             Minster Court, 45-47 Westminster Bridge Road, London, SE1 7JB, United Kingdom
             Tel. +44 2038284233, Email: adam.compton@peabody.org.uk
             Contact: Adam Compton
             Main Address: www.peabody.org.uk
             NUTS Code: UKI6

   I.3) Communication
      
      The procurement documents are available for unrestricted and full direct access, free of charge, at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Building-construction-work./2ND68B5HZ8

      Additional information can be obtained from
         the abovementioned address

      Applications or, where applicable, tenders must be submitted
         to the abovementioned address          

         Electronic communication requires the use of tools and devices that are not generally available. Unrestricted and full direct access to these tools and devices is possible, free of charge: No

   I.4)Type of the contracting authority:
      Other type:: Housing Association

   I.5) Main activity:
      Housing and community amenities


Section II: Object Of The Contract

   II.1) Scope of the procurement

      II.1.1) Title: South Thamesmead Phases 2 and 3 Joint Venture Partnership            
               Reference number: Not Provided

   II.1.2) Main CPV code:
         45210000 - Building construction work.


      II.1.3) Type of contract: WORKS

      II.1.4) Short description: Peabody is seeking to establish a 50:50 joint venture (‘JV’) between Peabody and a private sector partner (‘PSP’) to deliver phases 2 and 3 of the South Thamesmead regeneration project, at Harrow Manorway, near Abbey Wood, SE2 9LH (the ‘Development Site’). The Development Site totals circa 3.1 hectares (7.7 acres) split between a northern plot (Phase 2, c 1.7 ha (4.6 ac)) and southern plot (Phase 3, c 1.2 ha (3.1 ac)).

      II.1.5) Estimated total value
         Value excluding VAT:300,000,000
         Currency:GBP

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

   II.2) Description

      II.2.2) Additional CPV code(s):
            45211000 - Construction work for multi-dwelling buildings and individual houses.
            45211340 - Multi-dwelling buildings construction work.
            45211350 - Multi-functional buildings construction work.
            90500000 - Refuse and waste related services.
            77314000 - Grounds maintenance services.
            79714000 - Surveillance services.
            79713000 - Guard services.
            79710000 - Security services.
            79711000 - Alarm-monitoring services.
            90911100 - Accommodation cleaning services.
            90911200 - Building-cleaning services.
            45000000 - Construction work.
            45210000 - Building construction work.
            45211100 - Construction work for houses.
            45211341 - Flats construction work.
            45213312 - Car park building construction work.
            45223310 - Underground car park construction work.
            71421000 - Landscape gardening services.
            45231221 - Gas supply mains construction work.
            45230000 - Construction work for pipelines, communication and power lines, for highways, roads, airfields and railways; flatwork.
            45231000 - Construction work for pipelines, communication and power lines.
            45231100 - General construction work for pipelines.
            45231300 - Construction work for water and sewage pipelines.
            45111000 - Demolition, site preparation and clearance work.
            45231223 - Gas distribution ancillary work.
            70000000 - Real estate services.
            70110000 - Development services of real estate.
            70111000 - Development of residential real estate.
            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.
            45331000 - Heating, ventilation and air-conditioning installation work.
            45330000 - Plumbing and sanitary works.
            71247000 - Supervision of building work.
            45233100 - Construction work for highways, roads.
            45233130 - Construction work for highways.


      II.2.3) Place of performance
      Nuts code:
            UKI6 - Outer London – South
      

      Main site or place of performance:
            Outer London – South
      

      II.2.4) Description of the procurement: 50:50 joint venture (‘JV’) between Peabody and a private sector partner (‘PSP’) to deliver phases 2 and 3 of the South Thamesmead regeneration project.
It is anticipated that the PSP will provide finance, and development management and sales & marketing services to the JV, and may provide construction services.
In total the Development Site is estimated to have capacity for c 730 homes and c 1,000 square foot of community space (the latter assumed to be delivered in Phase 2).
Phase 2 benefits from an outline planning consent for delivery of up to 329 homes and up to 1,050 square metres of commercial floorspace (London Borough of Bexley ref. 16/01287/OUTM). Recent scheme testing estimates capacity for Phase 3 at c 400 homes.
Phase 3 is part of a separate outline application currently being determined by the local planning authority, across a wider area, for up to 1,950 homes and 3,225 square metres of commercial floorspace (ref. 21/01948/OUTEA).

Continued at section III 1.1)

      II.2.5) Award criteria:

            Concession is awarded on the basis of: The criteria stated in the procurement documents

      II.2.6) Estimated value
         Value excluding VAT:300,000,000
         Currency:GBP

      II.2.7) Duration of the concession
            Duration in months: 120             

      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: The estimated values in II.1.5, II.2.4 and II.2.6 represent the potential commercial value of the development. However, potential returns will depend on many commercial factors including (but not limited to) the performance of the developer and market conditions. Bidders should seek independent legal and commercial advice in relation to the potential value of the opportunity and overall scheme.



Section III: Legal, Economic, Financial And Technical Information
   
   III.1) Conditions for participation

      III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
            List and brief description of conditions, indication of information and documentation required: III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions, indication of information and documents required: 1,000 Characters

Continued from section II2.4)

However the number of homes anticipated in Phase 3 itself is c 400.

This procurement is concerned with Phases 2 and 3 only.

The final composition of the two phases will be determined by detailed planning applications. It is anticipated that commercial space will comprise only a small proportion of floorspace.

It is anticipated the scheme will comprise (by unit):

Phase 2Phase 3Total
Market Sale58%59%59%
Rented Affordable18%15%17%
Shared Ownership24%25%25%

The total gross development value of the scheme is estimated to be £250m - £300m. From start on site the scheme is expected to be delivered within c 3-5 years. However considering potential market fluctuations or unforeseen circumstances, it is anticipated the project may extend up to a period of 10 years.

Please refer to the draft procurement documents being released at this stage, notably the Draft Invitation to Participate in Dialogue and the Draft Heads of Terms, for further information.

      III.1.2) Economic and financial standing
         Selection criteria as stated in the procurement documents: Yes
            List and brief description of selection criteria, indication of information and documentation required: Not Provided
            Minimum level(s) of standards possibly required: Not Provided

      III.1.3) Technical and professional ability
         Selection criteria as stated in the procurement documents: Yes
            List and brief description of selection criteria, indication of information and documentation required: Not Provided
            Minimum level(s) of standards possibly required: Not Provided

      III.1.5) Information about reserved concessions

         The concession is reserved to sheltered workshops and economic operators aiming at the social and professional integration
            of disabled or disadvantaged persons: No          

         The execution of the concession is restricted to the framework of sheltered employment programmes: No

   III.2) Conditions related to the concession


      III.2.2) Concession performance conditions: - all new homes achieve a minimum EPC rating of B (SAP 86)
- 1 apprentice placement should be offered by the contractor for every £2m of contract spend

      III.2.3) Information about staff responsible for the performance of the concession
         Obligation to indicate the names and professional qualifications of the staff assigned to performing the concession: No



Section IV: Procedure

   IV.1) Description

      IV.1.8) Information about the Government Procurement Agreement (GPA)
         The procurement is covered by the Government Procurement Agreement: Yes

   IV.2) Administrative information

      IV.2.2) Time limit for submission of applications or receipt of tenders
         Date: 20/12/2021
         Local time (hh:mm): 12:00

      IV.2.4) Languages in which tenders or requests to participate may be submitted:
            
          English       

Section VI: Complementary information

      VI.1) Information about recurrence
         This is a recurrent procurement: No
            

      VI.2) Information about electronic workflows
         Electronic ordering will be used: No          
         Electronic invoicing will be accepted: Yes          
         Electronic payment will be used: Yes

      VI.3) Additional information: The Concession Contracts Regulation 2016 (CCR 2016) applies to the competition. The Authority intends to follow a process similar to the Competitive Dialogue procedure described in the Public Contracts Regulations 2015 (as amended) (PCR 2015). However, it reserves the right to deviate from the formalities of the PCR 2015 in conducting the competition due to the flexibilities permitted by the CCR 2016.

Final award criteria and further procurement documents will be provided at the commencement of the competitive dialogue stages to bidders that are shortlisted to participate.


The Authority reserves the right not to award the opportunity or to award only part (or a different arrangement) of the opportunity described in this concession notice.
For more information about this opportunity, please visit the Delta eSourcing portal at:
https://www.delta-esourcing.com/tenders/UK-UK-London:-Building-construction-work./2ND68B5HZ8

To respond to this opportunity, please click here:
https://www.delta-esourcing.com/respond/2ND68B5HZ8

   VI.4) Procedures for review

      VI.4.1) Review body
          High Court of Justice
          The Strand, London, WC2A 2LL, United Kingdom
          Tel. +44 2079476000

      VI.4.2) Body responsible for mediation procedures
          Peabody
          Minster Court, 45-47 Westminster Bridge Road, London, SE1 7JB, United Kingdom
          Tel. +44 2038284233

      VI.4.3) Review procedure
         Precise information on deadline(s) for review procedures: In accordance with Regulation 47 (Notice of decision to award a concession contract); Regulation 48 (Standstill Period) and Regulation 52 to 63 of the Concession Contracts Regulations 2016 (CCR 2016).

Following any decision to award the concession contract, the contracting authority will provide debriefing information to unsuccessful bidders (in accordance with Regulation 47 CCR 2016) and observe a minimum 10 day standstill period (in accordance with Regulation 48 CCR 2016) before the concession contract is entered into.

      VI.4.4) Service from which information about the review procedure may be obtained
          Peabody
          Minster Court, 45-47 Westminster Bridge Road, London, SE1 7JB, United Kingdom
          Tel. +44 2038284233

   VI.5) Date of dispatch of this notice: 16/11/2021