RFP QuestBeta
ClosedStage · contract

London Borough of Sutton

Elm Grove Estate Regeneration

Real EstateCPV 70000000
Value£120.0m
Deadline23 Nov 2023
Published17 Oct 2023
RegionLondon
Timeline
Published 17 Oct 2023ClosedCloses 23 Nov 2023
Contract value in context
£120.0mtotal contract value
median £100k
this tender£0£129.6m

This is a large award for Real Estate Services — above three-quarters of comparable contracts. Based on 3,366 valued Real Estate Services tenders in our corpus.

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The brief

The London Borough of Sutton ("the Council") is seeking to appoint a partner for the development and regeneration of the Elm Grove estate ("the Scheme") on land within its ownership (the "site").

The Scheme will provide in the region of 290 mixed-tenure homes, as well as commercial / community floor-space at the Market House building on Sutton High Street.

Up to 50% of the residential development will be affordable housing, to be purchased by the Council.

The duration of the Scheme is expected to be for a period of seven (7) years.

It is the London Borough of Sutton's intention to run this procurement using the Concession Contracts Regulations 2016 ("CCR 2016").

The Authority intends to follow a process similar to the Competitive Dialogue procedure described in the Public Contracts Regulations 2015 (as amended) in terms of a process which allows the Authority to engage with and negotiate the development of solutions with Bidders and also to have a preferred bidder stage to confirm commitments with the Bidder assessed as offering the most economically advantageous tender.

Further information and details about the requirements and scope of the procurement are set out in the Memorandum of Information (MOI) and supporting information which will be available as part of the procurement documents at https://www.londontenders.org/.

Key requirements

What the supplier must deliver

01

The Scheme will provide in the region

The Scheme will provide in the region of 290 mixed-tenure homes, as well as commercial / community floor-space at the Market House building on Sutton High Street.

02

The duration of the Scheme is expected

The duration of the Scheme is expected to be for a period of seven (7) years.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
75933127-0155-4ba3-834b-b520a6fb5f6f
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
LBSUT001-DN689034-39556528
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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