Awarded contract

South Thamesmead Phases 2 and 3 Joint Venture Partnership

Details

Value
£300,000,000
Duration
8 years
Topic
Building construction work
Published
16 January 2024

Tender description

Peabody is seeking to establish a 50:50 joint venture ('JV') between Peabody and a private sector partner ('PSP') to deliver phases 2 and 3 of the South Thamesmead regeneration project, at Harrow Manorway, near Abbey Wood, SE2 9LH (the 'Development Site'). The Development Site totals circa 3.1 hectares (7.7 acres) split between a northern plot (Phase 2, c 1.7 ha (4.6 ac)) and southern plot (Phase 3, c 1.2 ha (3.1 ac)).

Timeline

  1. Completed: Award date31 March 2023
  2. Completed: Award published16 January 2024
    Current notice
  3. Next: Contract expiry date30 June 2031in 5 years

About the buyer

Peabody Trust is a housing association managing homes across London and the Home Counties through a central procurement team. Peabody lists on ProcureCo, a marketplace connecting housing providers with suppliers before tenders go live. Framework agreements let successful suppliers take call-off contracts without a fresh tender. New suppliers pass an Alcumus pre-qualification check covering health, safety, sustainability, quality and risk management before starting any work.

Over the past 5 years, most of Peabody Trust's contract awards have been in architectural and engineering services, construction work and business services.

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