Contract award · 11 Mar 2025

Lea Bridge Station Sites - Developer Partner

London Borough of Waltham Forest awarded “Lea Bridge Station Sites - Developer Partner” to London Square Developments Limited for £173m on 11 Mar 2025.

Construction workLondon

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
London Borough of Waltham Forest · Regional or local authority
Value
£173,000,000
Procedure
Competitive dialogue
Sector
Construction work · Construction work (CPV 45000000)
Region
London
Timeline
  1. Contract date11 Mar 2025
  2. Published28 Mar 2025Published 17 days after the contract date

Description

The Council does not consider that by the proposed variation it will be awarding a new contract for the purposes of the Public Contracts Regulations 2015, the Concession Contracts Regulations 2016, nor the Procurement Act 2023. However, it is voluntarily publishing a Transparency Notice and observing the 8 working day standstill period in order to provide transparency of an intended modification and to mitigate risk if the variation is held to give rise to a contract award under the Procurement Act 2023. The Transparency Notice accompanies a Voluntary Transparency Notice to be published under the Public Contracts Regulations 2015 in order to provide transparency of the intended modification and to mitigate risk if the variation is held under the Public Contacts Regulations 2015 to require a new procurement exercise. The original development agreement involved the Council granting a short-term building lease followed by the grant of a long lease of 250 years on completion. The Greater …

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