Find a TenderPlanned procurementPreliminary market engagement notice
Published 12 May 2026, 14:02 BST

Official UK procurement notice

Homes England - Master Developer Partner, Broad Marsh, Nottingham

Authority: Homes England (Public body)·On behalf of: SAVILLS (UK) LIMITED

WorksAbove thresholdSME suitable
Planned pipeline value£300,000,000pipeline notice, not a live tender
Tender notice expected 7 Sept 2026from the planned procurement notice
Contract term 15 yrsends 30 Apr 2042 · starts 1 May 2027

What is being bought

Published requirement description

Broad Marsh (‘the site) comprises around 11 acres of brownfield land within Nottingham City Centre. The site is around c. 0.2 miles north of Nottingham Train Station and c. 0.3 miles south of Nottingham Council House.

The site is formed of three components:

  • The former College
  • The former NCP car park
  • The former Broad Marsh shopping centre

Homes England purchased the site in March 2025. Since then, Homes England is delivering on a package of enabling works to include site surveys, demolition of the remaining structures, and concluding key site due diligence, to prepare the site for development.

Homes England is now considering appointing a Master Development Partner to prepare and deliver a master plan for the site, secure planning permission/s, and bring forward a multi-phase mixed use development, which delivers commercial value and social impact.

This notice references an estimated value of £300m (exclusive of VAT). This value is an indicative Gross Development Value (GDV) and is subject to change. As no VAT treatment has been established both inclusive and exclusive VAT figures are the same.

Any dates provided within this PME notice are estimates only.

CPV: Construction work

The lotProcurement structure

single lot · no lot value published
Lot #1Planned 15 yrsSME
Contract period: 1 May 2027 – 30 Apr 2042 (15 yrs)
Delivery: East MidlandsEligibility: SME eligible

Who is likely to bid for this lot ↓

Pipeline intelligence · planning stage: how this market runs before the tender is published

How Homes England buys Construction work (CPV 45), and who usually turns up

Homes England’s published record next to the market for the same work. Frameworks and DPS are left out: they draw different bid counts. Whole-market view: Construction work (CPV 45) →

1

How the contest usually goes

Winner shares use published awards; bid and price charts use contested lots.

Question for the bid
This buyerHomes England · division 45
The marketConstruction work (CPV 45) · East Midlands
What to do with it
How often do SMEs win?
i

How often small and medium firms win.

Share of awards where the winner’s size is known.

The counts under this question show how many awards have a known supplier size.

Last 36 months.

Buyer: 22 of 30 known-size awards · market: division 45 · East Midlands, n=644
73%78%

Small firms have won here. Neither number says whether you qualify; it describes who has been winning.

How often do local suppliers win?
i

How often local firms win similar work.

Winners with a registered address in the delivery region, out of awards with a known address.

Local means the winner is registered in the region where that award was delivered. The market figure counts awards delivered in East Midlands.

A local branch does not count if the registered address is elsewhere.

Last 36 months.

Buyer: 21 of 40 known-location awards · market: division 45 · East Midlands, n=968
53%29%

Most of this buyer’s recorded winners were registered in the region where that award was delivered. More of this buyer’s work stays local than in this market: 53% against 29%, n=40.

How long to a decision?
i

How long buyers here take to decide after bids close.

Middle value in days from the bid deadline to the award date, on competitions that published both.

Only decided tenders count, so slow ones still waiting are not in.

Last 36 months.

Buyer: no decision dates published · market: division 45 · East Midlands, n=210
—40 days

Half of these awards have an award date within 40 days of the bid deadline.

How often single-bid or direct?
i

How often work is awarded with no recorded rival.

Direct awards and tenders where every published lot count shows one bid.

Both shares are minimums: some awards have no bid count.

Thin markets produce this too; it is not proof of a tailored specification.

Last 36 months.

Buyer: at least 13 of 41 procurements with awards had no recorded rival · market: division 45 · East Midlands, n=985
32%30%

Direct awards or one recorded bid are common here. Check the route before spending time on a bid.

How many bids did past lots attract?

i

How many bids past lots received.

Each colour is a bid-count range. Only competed lots with a published count are included.

Past bids do not predict this tender.

Last 36 months.

This buyer5 lots with bid counts · broad CPV 45
20% had one bid
The market245 lots with bid counts · division 45 · East Midlands
10% had one bid
Buyer / market · select a colour for counts
1 bid20% / 10%
Buyer: 1 of 5 lots with published bid counts. Market: 25 of 245 lots with published bid counts.
2–320% / 22%
Buyer: 1 of 5 lots with published bid counts. Market: 55 of 245 lots with published bid counts.
4–620% / 29%
Buyer: 1 of 5 lots with published bid counts. Market: 70 of 245 lots with published bid counts.
7+40% / 39%
Buyer: 2 of 5 lots with published bid counts. Market: 95 of 245 lots with published bid counts.

How did awards compare with estimates?

i

Where winning prices landed against estimates.

Each colour shows awards below, close to or above the published estimate, one lot at a time.

Past prices are a guide, not a bid price.

Last 36 months.

This buyer8 lots with estimate and award · broad CPV 45
63% below estimate
The market231 lots with estimate and award · division 45 · East Midlands
44% below estimate
Buyer / market · select a colour for counts
Below estimate63% / 44%
Buyer: 5 of 8 lots with an estimate and award. Market: 102 of 231 lots with an estimate and award.
Within ±2%0% / 31%
Buyer: 0 of 8 lots with an estimate and award. Market: 72 of 231 lots with an estimate and award.
Above estimate38% / 25%
Buyer: 3 of 8 lots with an estimate and award. Market: 57 of 231 lots with an estimate and award.
2

Assess each lot
i

What past awards tell you about each lot.

See the forecast, this buyer’s earlier suppliers and firms with relevant wins.

No supplier is confirmed as a bidder.

Open a lot for its forecast, this buyer’s previous supplier and possible competitors, from published award history, not a bid list

Lot #1CPV 45180 monthsSME suitablePublished estimate£300m

This lot lists more than one class in CPV 45. The comparison uses that group.

Expected competition
i

How many bids this lot may attract.

The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.

Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative. The bar shows 245 past lots.

A forecast, not a list of bidders.

—No model forecast yet10% chance of a single bid
Past bids on 245 similar lots
1 bid10%
25 of 245 similar past lots received 1 bid (10%).
2–322%
55 of 245 similar past lots received 2–3 (22%).
4–629%
70 of 245 similar past lots received 4–6 (29%).
7+39%
95 of 245 similar past lots received 7+ (39%).
Comparable past lots usually drew 5 bids.
Commercial price forecast
i

Where the award price may land.

The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.

No comparable awards for this lot yet.

A statistical guide from past awards, not a price to bid.

—No model forecast yet
No comparable awards on record for this lot’s category yet. The published estimate is £300m, and the forecast stays empty until the market has a record to read.

Who has supplied this buyer on similar work?
i

Who has done similar work for this buyer.

Past contracts are matched by buyer, title and type of work.

A past supplier may not bid again.

SupplierThis buyer’s earlier contractLotAward valueWhy listed
VPS (UK) LtdEarlier contractHomes England - Broad Marsh - Window Boardingended Mar 2026—£23kMatched as the earlier contract

Who could compete for this lot?
i

Who could compete for this lot?

Firms with relevant past wins. On a framework, we show firms on that agreement.

None is confirmed as a bidder.

Candidate suppliers for this notice have not been worked out yet, so this is not a verdict that nobody fits.

About this data
  • Source. Official UK public procurement notices (Find a Tender), reused under the Open Government Licence v3.0. New notices arrive through the day; the figures are rebuilt nightly.
  • Two views, kept apart. The authority’s own track record and the wider market for the same kind of work sit side by side and are never mixed. Where the local picture is too thin, a figure widens to a broader market and says which one it used.
  • Forecasts are labelled. The price forecast and its range, possible competitors and the earlier-work matches are our estimates from past awards: not published facts, not win chances and not price advice. Official notices do not say who is bidding.
  • Every figure shows what it rests on. Not every notice publishes a bid count, a value or a delivery region, so each figure carries the number of records behind it, and one built on few records is marked as such. The on a figure explains it; the counting rules are in the methodology. Spotted something wrong? Tell us.

Procedure terms & legal framework

From the official record
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Works
Notice status
Planned procurement
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
12 May 2026, 14:02 BST
Last source update
20 May 2026, 09:23 BST
Authority reference
DN815218
FTS notice number
2026/S 000-046057
Latest notice
Preliminary market engagement notice (UK2)
Classification (CPV)
Construction work
Delivery area
East Midlands (UKF)
Official registry OCID
ocds-h6vhtk-0696be Find a Tender

How it was run

Official notice
Submission deadline
—

Timeline

12 May 2026 → 1 May 2027 · 5 dates
  1. Planning notice published170 days ago
    12 May 2026, 14:02 BST
  2. Latest notice published162 days ago
    20 May 2026, 09:23 BST
  3. Market engagement142 days ago
    8 Jun 2026, 23:59 BST

    A previous notice was issued on 12 May 2026 (Notice Identifier: 2026/S 000-043489) to notify the market of the project team's attendance at the UK's Real Estate Investment & Infrastructure Forum (UKREiiF).

    The purpose of the Preliminary Market Engagement (PME) exercise is to understand interest from potential long-term master development partners in the current market.

    Interested parties are required to submit a corporate CV (max 2 pages of A4) via ebach@savills.com

    Corporate CVs are required by 12 noon on 8th June 2026 via the above email address.

    Following the deadline, there will be a Market Briefing session for all interested parties which is anticipated to be held on 15 June 2026. Further information will be provided on the full PME process, following the submission of your Corporate CV.

  4. Tender notice expected51 days ago
    7 Sept 2026, 23:59 BST
  5. Today
    29 Oct 2026
  6. Contract startsin 183 days
    1 May 2027, 00:00 BST

Notice history

2 events · 2 releases on Find a Tender · since 12 May 2026
  1. Preliminary market engagement notice published
    12 May 2026, 14:02 BST
    UK2
  2. Preliminary market engagement notice published
    20 May 2026, 09:23 BST
    UK2

Commercial outcome & contract awards

Pipeline notice
Awards (0)
No award published
Contracts (0)
No contract published
Bid statistics
No aggregate bid statistics published

Contracting authority & participating public bodies

2 public bodies on the notice

Homes England (the name adopted by the Homes and Communities Agency)

Contracting authorityPublic authority - sub-central government GB-PPON: PMTT-3573-RLZV The Lumen, Newcastle upon Tyne, North East, NE4 5BZContact email

Other public bodies

  • SAVILLS (UK) LIMITEDProcuring entitySupporting Homes England with the execution of this procurement and contractGB-PPON: PMWL-7877-TDBZ London, LondonContact email

Official documents & specifications (2)

Official links; attachments are not copied

Notices published for this procedure