UK-London: Development of residential real estate.

Section I: Contracting Authority
Title: UK-London: Development of residential real estate.
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

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

I.3) Main activity:
Not Provided

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
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:
WORKS
Design and Execution
Region Codes: UKI - LONDON
II.1.3)Information about a framework or a dynamic purchasing system:
Not Provided
II.1.4)Short description of the contract or purchase(s):
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.1.5)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.1.6)Information about Government Procurement Agreement (GPA):
The contract is covered by the Government Procurement Agreement (GPA): No

II.2)Total Final Value Of Contract(s)
II.2.1) Total final value of the contract(s)
Not Provided


Section IV: Procedure
IV.1) Type Of Procedure
IV.1.1)Type of procedure: Restricted
IV.2)Award Criteria
IV.2.1)Award criteria: The most economically advantageous tender in terms of:

Criteria - Weighting

Qualitative - 50
Commercial - 50

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


Section V: Award Of Contract

1: Award And Contract Value
Contract No: Not Provided

V.1)Date Of Contract Award: 13/07/2015
V.2) Information About Offers
Number Of Offers Received: Not Provided
Number Of Offers Received By Electronic Means: Not Provided
V.3)Name And Address Of Economic Operator To Whom The Contract Has Been Awarded:
Official name: BDW Trading Ltd (Barratt London)
Postal address: 1 Portsoken Street
Town: London
Postal code: E1 8BT
Country: United Kingdom
V.4)Information On Value Of Contract
Initial estimated total value of the contract
Value: 39,000,000
Currency: GBP

Total final value of the contract
Lowest offer: 32,121,642 /Highest offer: 44,178,500
Currency: GBP
V.5)Information about subcontracting:
The contract is likely to be subcontracted: No


Section VI: Complementary Information
VI.1)Information about European Union funds:
The contract is related to a project and/or programme financed by European Union funds: No

VI.2)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.
To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=154400598
GO-2015810-PRO-6914838 TKR-2015810-PRO-6914837
VI.3.1)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.3.2)Lodging of appeals: Not Provided
VI.3.3)Service from which information about the lodging of appeals may be obtained:
Not Provided

VI.4)Date Of Dispatch Of This Notice: 10/08/2015