UK

Contract award notice

Information

Published

External Reference: 2025-523216

FTS Reference: 2025-010147

Contract award notice

Contract award notice

Results of the procurement procedure

Section I: Contracting authority

I.1)

Name and addresses

London Borough of Lambeth
n/a
Town Hall, Brixton Hill
London
SW2 1RW
UK
Contact person: Valentine Onwuchekwa
Telephone: +44 7785660185
E-mail: VOnwuchekwa@lambeth.gov.uk
NUTS code:  UKI45 -  Lambeth
Internet address(es):
Main address: http://www.lambeth.gov.uk
Address of the buyer profile: https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/18

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

Delivery Partner for Growing Brixton’s Rec Quarter – 49 Brixton Station Road and 6 Canterbury Crescent
Reference number:  43828
II.1.2)

Main CPV code

45000000  -  Construction work
II.1.3)

Type of contract

Works
II.1.4)

Short description

The Council entered into a deed of variation with London Square Developments Limited (the Developer) and London Square Limited (the Guarantor) in relation to an existing development agreement between the parties (the Underlying Contract) which was entered into on 28 September 2022 to ensure the viability and deliverability of the scheme under the Underlying Contract. The key variations comprise a reduction in the minimum level of commercial workspace required in alignment with Local Plan policy for mixed-use regeneration schemes, a reduction in minimum affordable housing levels from 50% to 40% and a reduction in the Council's land receipt in line with revised financial modelling and which represents best consideration in today's market.
II.1.6)

Information about lots

This contract is divided into lots: no
II.1.7)

Total value of the procurement

Value excluding VAT:  161978600.00  GBP
II.2)

Description

II.2.2)

Additional CPV code(s)

70000000  -  Real estate services
70100000  -  Real estate services with own property
II.2.3)

Place of performance

NUTS code:  UKI45 -  Lambeth
II.2.4)

Description of the procurement

The Council entered into a deed of variation with the Developer and the Guarantor in relation to an existing development agreement between the parties (the Underlying Contract) to address changing circumstances since the Underlying Contract was entered into in accordance with Reg. 72 of the PCR15. The location, duration and nature of the works remains broadly the same, still delivering new build housing, workspace, street market facilities and public realm improvements subject to a reduction in minimum affordable housing levels to 40% and a reduction in the minimum required level of workspace reprovision in alignment with Local Plan policy for mixed-use regeneration schemes. The Council has received commercial advice to review the updated financial appraisals and ensure that the costs and revenues are commercially reasonable, reflective of the wider market and represent best consideration for the Council
II.2.5)

Award criteria

Criteria below
Price
II.2.11)

Information about options

Options: no
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 Council has entered into a deed of variation in relation to an existing development agreement in accordance with Reg. 72 of the PCR15. In accordance with Reg. 92 to 104 of the PCR15 the Authority has observed a 10 day standstill period starting from the date of the VTN publication. A modification notice was also published in relation to this Deed of Variation on 19/02/2025(2025/S 000-006029).

Section IV: Procedure

IV.1)

Description

IV.1.1)

Type of procedure

Award of a contract without prior publication of a call for competition in the Find a Tender service in the cases listed below
  • The contract falls outside the scope of application of the regulation
Explanation
A procurement procedure is not necessary on the basis that the award of the contract (the Deed of Variation) is permitted pursuant to regulation 72(1)(c) of the Public Contracts Regulations 2015. The need for modification has been brought about by significant domestic and international economic turbulence, including substantial build cost inflation, rises in UK interest rates and ongoing shifts in how businesses use and occupy workspace post-covid together with the implementation of legislative and regulatory changes with respect to Building Safety . The overall scheme remains broadly the same in nature delivering new build housing, workspace, street market facilities and public realm improvements. The Council has received commercial advice to review the updated financial appraisals and ensure that the costs and revenues are commercially reasonable, reflective of the wider market and represent best consideration for the Council. The Developer's percentage return has reduced. Moreover, the variation is also not substantial within the meaning of regulation 72(1)(e) of the Public Contracts Regulations 2015.
IV.1.8)

Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement : no
IV.2)

Administrative information

IV.2.1)

Previous publication concerning this procedure

Notice number in the FTS: 2025/S 000-008068

Section V: Award of contract

Title: Growing Brixton’s Rec Quarter – 49 Brixton Station Road and 6 Canterbury Crescent

A contract/lot is awarded: yes
V.2)

Award of contract

V.2.1)

Date of conclusion of the contract

19/03/2025
V.2.2)

Information about tenders

Number of tenders received:  1
The contract has been awarded to a group of economic operators :  no
V.2.3)

Name and address of the contractor

London Square Developments
974992059
One York Road, Uxbridge, Middlesex, UB8 1RN Middlesex
London
UB8 1RN
UK
NUTS code:  UKI74 -  Harrow and Hillingdon

The contractor is an SME : no
V.2.4)

Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot:  161978600.00  GBP

Section VI: Complementary information

VI.4)

Procedures for review

VI.4.1)

Review body

The High Court
United Kingdom
London
WC2A 2LL
UK

VI.4.2)

Body responsible for mediation procedures

The High Court
United Kingdom
London
WC2A 2LL
UK

VI.4.3)

Review procedure

Precise information on deadline(s) for review procedures: 
Pursuant to the Procurement Act 2023 (Commencement No. 3 and Transitional and Saving
Provisions) Regulations 2024 the Contracting Authority will conduct itself in accordance with
the Public Contracts Regulations 2015
VI.4.4)

Service from which information about the review procedure may be obtained

Cabinet Office
70 Whitehall
London
SW1 2AS
UK
Telephone: +44 207261234