SJM2 – Contractor Procurement – Main Works
Details
- Buyer
- The Crown Estate
- Value
- £322,000,000
- Topic
- Building construction work
- Published
- 23 October 2026
- Submission
- 19 November 2026in 4 weeks
- Source
- uk:find_a_tender
Tender description
St James Market Phase 2 main works will be delivered under a Pre-Construction Services Agreement (PCSA) and then under an amended JCT Design and Build 2024 contract: • a new c.312,500 sq. ft (NIA) CAT A office building (Basement Level 2 to Level 7), built around the retained Grade II listed Carlton Cinema • the shell and core refurbishment of the Cinema • retail shell and core accommodation • landscaping and public realm works • new UKPN substations • a watching brief over, and the novation of, the separate Demolition Contract. Total value of the works is £322m excluding VAT (£386.4m including VAT), made up of: • St James Market Phase 2 main works, including the PCSA c.£222m excluding VAT (£266.4m including VAT) • 130 Jermyn Street option: c.£100m excluding VAT (£120m including VAT)
Timeline
- Completed: Tender published23 October 2026Current notice
- Next: Submission date19 November 2026in 4 weeks
About the buyer
The Crown Estate is a central government body that manages the seabed, rural land and a central London property portfolio. Contracts follow the Procurement Act 2023 and the wider public contract regulations, with guidance on transforming public procurement. Three divisions, Marine, Property & Places and Land, each commission work across their own portfolios.
Over the past 5 years, most of The Crown Estate's contract awards have been in architectural and engineering services, business services and construction work.
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