Contract award · 17 Mar 2026

Smithfield Birmingham - Variation of Joint Venture Development Agreement

Birmingham City Council awarded “Smithfield Birmingham - Variation of Joint Venture Development…” to Lendlease Smithfield Development LLP for £0.

No competitionConstruction workWest Midlands

Awarded without open competition

Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.

What “without competition” means

Key facts

Buyer
Birmingham City Council · Regional or local authority
Value
£0.01
Procedure
Award procedure without prior publication of a call for competition
Sector
Construction work · Construction work (CPV 45000000)
Timeline
  1. Contract date17 Mar 2026
  2. Published21 May 2026Published 65 days after the contract date

Description

Lendlease announced a strategic restructure of its business on 27 May 2024 to simplify business operations and reduce debt. To align to its new corporate strategy Lendlease is seeking to reduce capital exposure in Smithfield, its funding strategy transitioning from a balance sheet-driven approach, to a private sector partnership model with a 50/50 joint venture proposed with The Crown Estate (TCE). The proposed modifications to the JVA set out below have been agreed between the parties in order to implement this new funding strategy, ensure efficient and proper operation of the JVA in light of the new funding strategy, and mitigate risks that may result from this. Details of the intended variation and of the reasons for it are explained below and in the BCC Cabinet Report dated 17 March 2026 accessible via this link: https://birmingham.cmis.uk.com/Birmingham/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo=7ow6+lFnNRpr6KET1Il63EOL8MZhrdGQqcErlyiyTWH+lx2pooI5TA==&rUzwRPf+Z3zd4E7Ikn8Lyw==…

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