Procurement of a delivery partner for New Homes 6

Where

Section

II.2.2

New Value

Old Value

Where

Section

II.2.3

New Value

Text

NUTS code: UKI45 - Lambeth

Old Value

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NUTS code: UK - UNITED KINGDOM

Where

Section

II.2.4

New Value

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The Mayor and Burgesses of London Borough of Lambeth wish to appoint a delivery partner to enter into an agreement for the delivery of New Homes 6, providing the opportunity to develop out a number of council-owned residential-led development sites across the borough. The Authority proposes to enter into an overarching Partnering Agreement with the selected delivery partner pursuant to which the Authority and the delivery partner will, for each site (including the initial six sites and potential further sites), enter into either a Development Agreement or PCSA / Build Contract. In March 2024, the Authority’s Cabinet approved the Authority’s Housing Strategy and the New Homes Programme and in December 2024 the Authority received Cabinet Member approval to launch this procurement. The new Housing Strategy 2024-30 is centred around delivering more affordable homes, delivering excellent housing and repair services, and supporting healthy and safe neighbourhoods. It sets out the Authority’s commitment to address the housing crisis and delivering our ambition of making Lambeth a place we can all call home. This New Homes 6 project addresses the Authority’s first priority of their housing strategy – delivering more homes. The project objectives for New Homes 6 are: • Delivering affordable housing; • Pace of delivery; • Net zero; • Social Value, Employment & Skills and Equality, Diversity and Inclusion (EDI); • Maximising engagement and co-design opportunities; and • High quality design. Further details on the procurement and opportunity are provided in the procurement documents. It should be noted that the estimated total value shown in II.1.5) and II.2.6) is an expression of the estimated gross development value.

Old Value

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Duration in months: 120 This contract is subject to renewal: yes Description of renewals: (240 months being 120 months initial term subject to up to a further 120 months extension(s))

Where

Section

II.2.7

New Value

Text

Duration in months: 240 This contract is subject to renewal: yes Description of renewals: The 240 month duration being 120 months initial term subject to the ability for the parties to agree to extend the term on one or more occasion up to a further 120 months

Old Value

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Duration in months: 120 This contract is subject to renewal: yes Description of renewals: (240 months being 120 months initial term subject to up to a further 120 months extension(s))

Where

Section

II.2.14

New Value

Text

The Authority shall not be liable for any costs or expenses incurred by any tenderer in connection with the completion and return of information requested in this contract notice or the completion or submission of any tender.

Old Value