Bids invited for £300m East London housing deal

Aaron Morby 15 years ago
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East London and Essex housing association East Thames is on the look out for 10 contractors for a £300m new build framework over the next four years.

East Thames is gearing up to deliver two of its largest regeneration projects – the conversion of the Athletes Village after the 2012 Olympics and a £200m regeneration of the Ocean Estate in Tower Hamlets.

Its Ocean Estate regeneration will see 800 homes built in Stepney in partnership with the London Borough of Tower Hamlets.

The Housing and Communities Agency is releasing £41m in funding for the The East Thames Consortium, which includes the housing provider, house builder Bellway and refurbishment contractor Wates.

For the Olympic site, East Thames with its partners Southern Housing Group and developer First  Base, formed consortium Triathlon Homes, to deliver 1,379 affordable homes in the Athletes’ Village development at a cost of £270m.

After 2012 the homes will be converted from athletes’ accommodation into new homes for East London.

The housing association also builds a full mix of projects from small developments of a handful of houses as well these big schemes of hundreds of homes.

For the new framework agreements, East Thames is looking for five contractors to carry out a £50m programme of jobs worth less than £5m and a similar number of firms for bigger housing projects estimated together to be worth £250m.

The deals will be procured using etendering, project code 17153 at https://www.ricsetendering.com/

Contractors have until 11 November to complete the prequalification procedure, leading to contract award by March next year.

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