UK-London: Development of residential real estate.

Section I: Contracting Authority
I.1)Name, Addresses and Contact Point(s):
Hyde Housing Association
30 Park Street, null, London, SE1 9EQ, United Kingdom
Tel. +44 2032072574, URL: www.hyde-housing.co.uk

Further information can be obtained at: As Above
Specifications and additional documents: As Above
Tenders or requests to participate must be sent to: As Above

I.2)Type of the contracting authority:
Body governed by public law

I.3) Main activity:
Housing and community amenities

I.4) Contract award on behalf of other contracting authorities:
The contracting authority is purchasing on behalf of other contracting authorities: No

Section II: Object Of The Contract: WORKS
II.1)Description
II.1.1)Title attributed to the contract by the contracting authority: College Road, Harrow - Residential Development Partner
II.1.2)Type of contract and location of works, place of delivery or of performance: WORKS
Design and Execution

Region Codes: UKI - LONDON
II.1.3) Information about a public contract, a framework or a dynamic purchasing system:The notice involves a public contract

II.1.5)Short description of the contract or purchase:
Development of residential real estate. Sale of residential real estate. Residential building rental or sale services. Residential property services. Construction work. Building construction work. Construction work for multi-dwelling buildings and individual houses. Construction work for houses. Houses construction work. Multi-dwelling buildings construction work. Multi-functional buildings construction work. Hyde owns a site that will achieve planning approval for a 318 home project in the London Borough of Harrow. This project is a major regeneration opportunity adjacent to Harrow on the Hill station. It will comprise; residential units; high quality retail space; a central borough library; And a public square suitable for markets and other events. Hyde wants to deliver a landmark scheme of the highest quality and the design has been developed to reflect this. It will be the premier apartment and retail offering currently available in the town centre. The excellent transport infrastructure is ideally placed to deliver a scheme such as this. A combination of the accessibility and design will drive value beyond the current level with the HA1 area. In order to realise our ambitions for this exciting project, Hyde is seeking to appoint a development partner through a joint venture partnership arrangement - comprising of Hyde and the successful bidder. The successful bidder will have a proven track record in developing high quality residential projects for sale, will work in partnership with us to maximise returns and be able to share risk. Outline terms for joint venture partnership:• 50% equity partners• Equal profit distribution• Structure will be determined by most tax efficient form for the joint venture• Value optimisation• Net cost open book contract with joint venture administrator to oversee• Construction services to be provided by bidder• Project management fee to be paid for managing build• No overheads or profit to be garnered by either party on construction costs• Affordable units to be provided to Hyde at cost• Hyde and partner to form a marketing team, to market and sell the units

II.1.6)Common Procurement Vocabulary:
70111000 - Development of residential real estate.

70123100 - Sale of residential real estate.

70311000 - Residential building rental or sale services.

70331000 - Residential property services.

45000000 - Construction work.

45210000 - Building construction work.

45211000 - Construction work for multi-dwelling buildings and individual houses.

45211100 - Construction work for houses.

45211300 - Houses construction work.

45211340 - Multi-dwelling buildings construction work.

45211350 - Multi-functional buildings construction work.


II.1.7) Information about Government Procurement Agreement (GPA):
The contract is covered by the Government Procurement Agreement (GPA): No
II.1.8)Lots:
This contract is divided into lots: No
II.1.9)Information about variants:
Variants will be accepted: No

II.2)Quantity Or Scope Of The Contract
II.2.1)Total quantity or scope:
Hyde owns a site that will achieve planning approval for a 318 home project in the London Borough of Harrow. This project is a major regeneration opportunity adjacent to Harrow on the Hill station. It will comprise; residential units; high quality retail space; a central borough library; And a public square suitable for markets and other events. Hyde wants to deliver a landmark scheme of the highest quality and the design has been developed to reflect this. It will be the premier apartment and retail offering currently available in the town centre. The excellent transport infrastructure is ideally placed to deliver a scheme such as this. A combination of the accessibility and design will drive value beyond the current level with the HA1 area. In order to realise our ambitions for this exciting project, Hyde is seeking to appoint a development partner through a joint venture partnership arrangement - comprising of Hyde and the successful bidder. The successful bidder will have a proven track record in developing high quality residential projects for sale, will work in partnership with us to maximise returns and be able to share risk. Outline terms for joint venture partnership:• 50% equity partners• Equal profit distribution• Structure will be determined by most tax efficient form for the joint venture• Value optimisation• Net cost open book contract with joint venture administrator to oversee• Construction services to be provided by bidder• Project management fee to be paid for managing build• No overheads or profit to be garnered by either party on construction costs• Affordable units to be provided to Hyde at cost• Hyde and partner to form a marketing team, to market and sell the units
Estimated value excluding VAT:
Range between: 40,000,000 and 70,000,000
Currency: GBP


II.2.2)Options: No
II.2.3)Information about renewals:
This contract is subject to renewal: No
II.3)Duration Of The Contract Or Time-Limit For Completion
Duration in months: 36 (from the award of the contract)

Information About Lots

Section III: Legal, Economic, Financial And Technical Information
III.1)Conditions relating to the contract
III.1.1)Deposits and guarantees required:
As set out in the Pre Qualification Questionnaire (PQQ)

III.1.2)Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them:
As set out in the Pre Qualification Questionnaire (PQQ)

III.1.3)Legal form to be taken by the group of economic operators to whom the contract is to be awarded:
As set out in the Pre Qualification Questionnaire (PQQ)

III.1.4)Other particular conditions:
The performance of the contract is subject to particular conditions:Yes
If Yes, description of particular conditions:
As set out in the Pre Qualification Questionnaire (PQQ)
III.2)Conditions For Participation
III.2.1)Personal situation of economic operators, including requirements relating to enrolment on professional or trade registers:

As set out in the Pre Qualification Questionnaire (PQQ)
III.2.2)Economic and financial capacity
Economic and financial capacity - means of proof required:

Information and formalities necessary for evaluating if requirements are met:
As set out in the Pre Qualification Questionnaire (PQQ)
Minimum Level(s) of standards possibly required:
As set out in the Pre Qualification Questionnaire (PQQ)

III.2.3)Technical capacity
Technical capacity - means of proof required

Information and formalities necessary for evaluating if requirements are met:
As set out in the Pre Qualification Questionnaire (PQQ)
Minimum Level(s) of standards possibly required:
As set out in the Pre Qualification Questionnaire (PQQ)
III.2.4)Information about reserved contracts: Not Provided
Section IV: Procedure
IV.1)Type Of Procedure
IV.1.1)Type of procedure: Restricted

IV.1.2)Limitations on the number of operators who will be invited to tender or to participate:
Envisaged minimum number: 5 and maximum number: 6
Objective Criteria for choosing the limited number of candidates:
As set out in the PQQ document
IV.2)Award Criteria
IV.2.1)Award criteria:
The most economically advantageous tender in terms of
The criteria stated in the specifications, in the invitation to tender or to negotiate or in the descriptive document

IV.2.2)Information about electronic auction:
An electronic auction will be used: No

IV.3)Administrative Information
IV.3.1)File reference number attributed by the contracting authority: College Road, Harrow - Residential Development Partner
IV.3.2)Previous publication(s) concerning the same contract: No

IV.3.3)Conditions for obtaining specifications and additional documents or descriptive document:

Date: 20/03/2015
Time-limit for receipt of requests for documents or for accessing documents: 23:59
Payable documents: No

IV.3.4)Time-limit for receipt of tenders or requests to participate
Date: 25/03/2015
Time: 12:00
IV.3.5)Date of dispatch of invitations to tender or to participate to selected candidates: 31/03/2015
IV.3.6)Language(s) in which tenders or requests to participate may be drawn up: English



Section VI: Complementary Information

VI.1)This Is A Recurrent Procurement: No
VI.2)Information about European Union funds:
The contract is related to a project and/or programme financed by European Union funds: No
VI.3)Additional Information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement, and the contract will be awarded on the basis of the most economically advantageous tender.
For more information about this opportunity, please visit the Delta eSourcing portal at:
https://www.delta-esourcing.com/tenders/UK-UK-London:-Development-of-residential-real-estate./Y5JUMM96HG

To respond to this opportunity, please click here:
https://www.delta-esourcing.com/respond/Y5JUMM96HG
GO-2015223-PRO-6388578 TKR-2015223-PRO-6388577

VI.4)Procedures For Appeal
VI.4.1)Body responsible for appeal procedures:
Not Provided

Body responsible for mediation procedures:
Hyde Housing Association
30 Park Street, null, London, SE1 9EQ, United Kingdom
Tel. +44 2032072574

VI.4.2)Lodging of appeals: Not Provided

VI.4.3)Service from which information about the lodging of appeals may be obtained:
Not Provided

VI.5) Date Of Dispatch Of This Notice: 23/02/2015

ANNEX A