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The London Borough of Newham is seeking a regeneration partner to enter into a corporate Joint Venture to deliver the comprehensive redevelopment of Carpenters Estate in Stratford through a residential led mixed-used development and to also hold and ...

Concession notice

Works

Directive 2014/23/EU

Section I: Contracting authority/entity

I.1)Name and addresses
London Borough of Newham
London
E16 2QU
United Kingdom
Contact person: Joanne Stevens
E-mail:
NUTS code: UKI41

Internet address(es):

Main address: www.newham.gov.uk

I.3)Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at: www.capitalesourcing.com
Additional information can be obtained from the abovementioned address
Applications or, where applicable, tenders must be submitted electronically via: www.capitalesourcing.com
Applications or, where applicable, tenders must be submitted to the abovementioned address
I.4)Type of the contracting authority
Regional or local authority
I.5)Main activity
General public services

Section II: Object

II.1)Scope of the procurement
II.1.1)Title:

Carpenters Estate Development.

Reference number: pqq_OSN_631
II.1.2)Main CPV code
45211360
II.1.3)Type of contract
Works
II.1.4)Short description:

The London Borough of Newham is seeking a regeneration partner to enter into a corporate Joint Venture to deliver the comprehensive redevelopment of Carpenters Estate in Stratford through a residential led mixed-used development and to also hold and manage a portion of developed assets for income streams. This involves an opportunity to develop 23 acres of land with scope to provide in the region of 3 000 new homes as well as a new education quarter and mix of commercial uses. The partner will need to be able to deliver successful place-making through high quality urban design and architecture, planning and development management. The scheme will be delivered through separate or single corporate joint venture structures whereby the Council as a landowner will contract with the JV vehicle(s) in which it will be itself a shareholder. The scheme involves a partnership approach to regeneration with a focus on wider stakeholder engagement with a range of public sector organisations.

II.1.5)Estimated total value
Value excluding VAT: 1 500 000 000.00 GBP
II.1.6)Information about lots
This concession is divided into lots: no
II.2)Description
II.2.1)Title:
II.2.2)Additional CPV code(s)
45111000
45112700
45210000
45211300
45211340
45211341
45211350
45212100
45213100
45213110
45213112
45214000
45214200
45214210
45214300
45221113
45233260
45453100
70000000
70110000
70123100
70331000
70332200
71000000
71220000
71240000
71247000
71251000
71315200
71400000
71530000
71540000
II.2.3)Place of performance
NUTS code: UKI41
Main site or place of performance:

The site is situated in the centre of Stratford and is adjacent to Stratford Station, Westfield Shopping Centre and the Queen Elizabeth Olympic Park within the London Borough of Newham, UK.

II.2.4)Description of the procurement:

The opportunity is to deliver in the region of 3 000 mixed tenure residential units which will also involve: delivering in excess of 1 000 affordable homes across a range of tenures; improving the public realm community and open space; connecting surrounding areas including access to Stratford Station; reproviding and expanding Carpenters Primary Sch; developing an improved Building Crafts College; reproviding new community leisure and health facilities; and delivering commercial space (business, retail and hospitality etc.) to attract commercial and employment opportunities to the area. The role involves securing funding and detailed planning consents, constructing, selling and post-sale management and also long-term stewardship and management of developed assets of this large scale phased development. Further details about the scope are set out in the Memorandum of Information and Heads of Terms as part of the procurement documents available at www.capitalesourcing.com (ref:OSN_631).

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: 1 500 000 000.00 GBP
II.2.7)Duration of the concession
Duration in months: 600
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

II.1.5 and II.2.6 above represent the estimated 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. Assets acquired by the JV for revenue streams will be subject to business case approvals during the partnership. Continues VI.3 below.

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
III.1.2)Economic and financial standing
Selection criteria as stated in the procurement documents
III.1.3)Technical and professional ability
Selection criteria as stated in the procurement documents
III.1.5)Information about reserved concessions
III.2)Conditions related to the concession
III.2.2)Concession performance conditions:

The partner may be required to actively participate in the achievement of social and/or environmental policy objectives relating to recruitment and training and supply chain initiatives. Accordingly contract performance conditions may relate in particular to social and/or environmental consideration.

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

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: 24/10/2017
Local time: 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
VI.3)Additional information:

II.2.7 relates to the 50 year duration of the long-term management of assets under the JV arrangements. The duration of the development phase is estimated to be 15 years.

Bidders should seek independent legal and commercial advice in relation to the potential value of the opportunity and the schemes as a whole.

Award criteria and further procurement documents will be provided at the commencement of the competitive dialogue stages to bidders that are shortlisted to participate. Expressions of interest applications must be by way of completion and return of the selection questionnaire (SQ) (in accordance with the requirements set out in the SQ). The SQ is available as part of the procurement documents via www.capitalesourcing.com

VI.4)Procedures for review
VI.4.1)Review body
High Courts of Justice
The Royal Court of Justice
London
WC2A 2LL
United Kingdom
VI.4.2)Body responsible for mediation procedures
London Borough of Newham
London
United Kingdom
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 be providing 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.

The Concession Contracts Regulation 2016 (CCR 2016) applies to the competition. The Council 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 flexibilities permitted by the CCR 2016.

Bidders should note that the procurement documents (including the Memorandum of Information and Heads of Terms) provide indicative information of the Council's intended approach in the procurement process at this stage and are for general information only. The Council reserves the right to vary, amend and update any aspects of the procurement documents and final details and versions of the procurement documents will be confirmed to applicants successful in being selected to participate in the relevant tender stages of the procurement procedure.

The Council 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.

VI.4.4)Service from which information about the review procedure may be obtained
London Borough of Newham
1000 Dockside
London
E16 2QU
United Kingdom
Telephone: +44 2033732526
E-mail:

Internet address:www.newham.gov.uk

VI.5)Date of dispatch of this notice:
18/08/2017