Riverside Joint Venture

Riverside Joint Venture

Peterborough City Council (‘the Council’) wishes to deliver sustainable regeneration of the Riverside Opportunity Area (‘Riverside’) of the city and intends to appoint a developer/private sector investor (“the Development Partner”) to implement the Council’s vision and strategy for large-scale regeneration of Riverside.

UK-Peterborough: real estate services

2012/S 192-315882

Prior information notice


Directive 2004/18/EC

Section I: Contracting authority

I.1)Name, addresses and contact point(s)

Peterborough City Council
Town Hall, Bridge Street
Contact point(s): Strategic Client Services
For the attention of: Tomos Ratcliff
PE1 1HQ Peterborough
Telephone: +44 1733452382
E-mail: tomos.ratcliff@peterborough.gov.uk

Internet address(es):

General address of the contracting authority: www.peterborough.gov.uk

Address of the buyer profile: http://peterborough.g2b.info

Further information can be obtained from: The above mentioned contact point(s)

I.2)Type of the contracting authority

Regional or local authority
I.3)Main activity

General public services
I.4)Contract award on behalf of other contracting authorities

The contracting authority is purchasing on behalf of other contracting authorities: no

Section II.B: Object of the contract (Supplies or services)

II.1)Title attributed to the contract by the contracting authority:

Riverside Joint Venture.
II.2)Type of contract and place of delivery or of performance

Service category No 12: Architectural services; engineering services and integrated engineering services; urban planning and landscape engineering services; related scientific and technical consulting services; technical testing and analysis services
NUTS code UKH11

II.3)Information on framework agreement
II.4)Short description of nature and quantity or value of supplies or services:

Peterborough City Council (‘the Council’) wishes to deliver sustainable regeneration of the Riverside Opportunity Area (‘Riverside’) of the city and intends to appoint a developer/private sector investor (“the Development Partner”) to implement the Council’s vision and strategy for large-scale regeneration of Riverside. The purpose of this notice is to seek to discuss with potential Development Partners the benefits they could bring to the project and to establish their views on a range of issues to be covered in the procurement exercise. The Council’s vision is for Riverside to become a thriving, high quality quarter integrated into the wider city centre. Riverside is expected to include new homes; commercial opportunities; tourist attractions and/or culture and leisure facilities; public realm and improvements to infrastructure. Opportunities for development of linked or adjacent sites may also arise. A key requirement is also for it to contribute to the city’s growing reputation as Home of Environment Capital.
In order to deliver this vision it is anticipated that a corporate Joint Venture Vehicle (JVV) will be established for a term of approximately 20 years. It is envisaged that the Council and the successful PSP will each invest in and hold a 50 % interest in the JVV and that the revenue created by it will be shared by the Council and the Development Partner.
It is essential that the chosen Development Partner shares the Council’s vision and can demonstrate its long term commitment to the sustainable regeneration of Riverside. The PSP will be expected to provide funding, master planning, development management, marketing and related services and procure works as relevant.
The Council would like to assess the level of private sector interest in potentially providing these services and to consider any additional information that might be provided as part of the Riverside development project proposals.
Estimated cost excluding VAT:
Range: between 100 000 000 and 999 000 000 GBP

This contract is divided into lots: no

II.5)Common procurement vocabulary (CPV)

70000000, 45000000, 92000000, 65000000, 09000000, 73000000, 79000000, 66000000, 71000000

II.6)Scheduled date for start of award procedures
II.7)Information about Government Procurement Agreement (GPA)

The contract is covered by the Government Procurement Agreement (GPA): yes
II.8)Additional information:

This notice is not an invitation for formal expressions of interest. The Council is issuing this PIN for the purpose of seeking organisations that would wish to take part in a market sounding exercise. In particular the Council wishes to establish how the Project can be structured to be deliverable and commercially viable.
The Council will be seeking views on a number of issues through the soft market-testing exercise. One item to be explained is whether there would be greater interest from the market if “retail led” stream of opportunities is procured separately from the rest of the residential opportunities.
As and when the market sounding exercise has come to an end, the Council intends to publish any contract opportunity arising in the “Supplement to the Official Journal of the European Communities”. The Council does not have a firm intention to award a contract at this stage.
Organisations that would like to participate in the market sounding exercise are invited to email Angela Tunstall: angela.tunstall@peterborough.gov.uk. The closing date for response is 13.11.2012.

There will be an ‘Open Day’ for those who may wish to respond to the questionnaire and obtain detailed information on the Riverside development project proposals on 29.10.2012 at 10 a.m. in the Executive Suite at Peterborough United Football Club, London Road, Peterborough, PE2 8AL. Those wishing to attend should email Jenny Line, jenny.line@peterborough.gov.uk for further details of the arrangements.

Neither the Council nor any person on whose behalf this soft market questionnaire is undertaken is to be liable for any costs incurred by those wishing to respond to the questionnaire or attend the open day.

Section III: Legal, economic, financial and technical information

III.1)Conditions relating to the contract
III.1.1)Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them:

Details will be set out in the invitation to submit outline solutions and/or the contractual documentation and will be developed throughout the competitive dialogue procedure.
III.2)Conditions for participation
III.2.1)Information about reserved contracts

Section VI: Complementary information

VI.1)Information about European Union funds

The contract is related to a project and/or programme financed by European Union funds: no
VI.2)Additional information:

GO Reference: GO-2012102-PRO-4289613.
VI.3)Information on general regulatory framework
VI.4)Date of dispatch of this notice: