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Open19 days left · closes 2pm, Wednesday 2 December 2026

Southwark Purpose-Built Student Accommodation Operator

Places for London Limited · Local or regional public body

In brief

Places for London Limited is looking for suppliers for property work (London).

The estimated value is £162,310,000 excluding VAT.

The contract runs for 10 years, up to 15 years with extensions, starting 16 August 2027.

Bids close at 2pm, Wednesday 2 December 2026.

Built from the notice's own fields. Always check the official notice before you bid.

Can I win this?

Key dates

Bids by
2pm, Wednesday 2 December 2026

How bids are scored

Technical Component 70% · Financial Component 30%

Quality matters most. You can win without being the cheapest.

Competition

Usually high: a median of 7 bids per contract for property contracts in this region (from 69 awards in the last 12 months).

The buyer expects to buy this again around March 2041.

What the notice says

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.

Should I bid?

Tick what applies to you. Nothing is saved.

How to bid

  1. Read the full notice on Find a Tender, including any tender documents it links to.
  2. Register your organisation on the Central Digital Platform (through Find a Tender) if you have not already. Suppliers need to be registered to take part in procurements under the Procurement Act 2023.
  3. Follow the submission instructions in the notice; it does not name an e-tendering portal.
  4. Make sure your bid arrives before 2pm, Wednesday 2 December 2026. Late bids are usually rejected.

Timeline

  1. Preliminary market engagement notice · UK2, notice 088356-2026
  2. Tender notice · UK4, notice 099738-2026

About the buyer

Places for London LimitedLast 12 months

Procurements

13

Awards

3

Suppliers it has used most for property

All tenders and awards from Places for London Limited

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From notice 088356-2026 on Find a Tender, first published 17 September 2026, last updated 22 October 2026. We last checked for changes on 22 October 2026.