Places for London, Transport for London's property company (formerly Transport Trading Limited Properties (TTLP)), is seeking to appoint an experienced PBSA operator to support the mobilisation and operation of the Southwark OSD scheme. The development will comprise of 429 private studios. While the scheme is at an advanced stage of design, the appointed operator will be expected to provide targeted input into the fit-out of amenity spaces, as well as lead the mobilisation phase and oversee the ongoing operation and management of the asset. Although the immediate requirement relates to the Southwark scheme, Places reserves the right to utilise the contract across its wider development pipeline. Accordingly, the procurement process will seek to identify an operator with the capability and expertise to support the successful delivery of Southwark and, subject to performance and strategic alignment, potentially provide services for future PBSA developments from the inception stage onwards. Please note - the value stated within this notice is indicative and includes anticipated expenditure associated with the Southwark PBSA site, together with potential future pipeline sites which this contract may be utilised for.

Renewal: The contract will have an initial term of 10 years, with the option to extend for an additional 5 years (on one or more occasion). Options: The contract will provide for the addition of future PBSA sites within Places for London's property portfolio.

Procurement Act 2023

Competitive flexible procedure

TfL's e-tendering platform - SAP Ariba will be used conduct this tendering process. To be able to participate in the tender, suppliers must be registered on TfL's SAP Ariba system. Please complete the following steps: 1. Register interest for the tender by contacting the project mailbox: [email protected] 2. Then register by completing the Supplier self-registration request form here: https://s1-eu.ariba.com/Sourcing/Main/ad/selfRegistration?realm=TfL 3. Upon competition of the registration, interested suppliers must inform the project mailbox (of their successful registration) to [email protected] to ensure that your Organisation is added to the Sourcing Event on TfL's SAP Ariba system. Please note, even if your Organisation is already registered on TfL 's SAP Ariba system you must inform the project mailbox [email protected] so that your Organisation can be added to the Sourcing Event. For help on using TfL's SAP Ariba System, please e mail : [email protected]