30 developers will be appointed to the four-year panel

London skyline

Source: Shutterstock / IRS Stone

Transport for London has begun the procurement for the Greater London Authority鈥檚 (GLA) new 拢20bn developer framework.

The London Development Panel 2 (LDP2) will replace the current 25-strong framework which expires at the beginning of November this year.

The GLA is looking to appoint 30 developers to the panel to deliver residential-led schemes across the capital.

The four year framework, which can be extended for an extra year, is to be the mayor of London鈥檚 preferred tool for delivering residential-led development on public land, the OJEU contract notice said.

The document added that the extra year optional extension is to ensure 鈥渃ontinuity of housing delivery during a period of potential political hiatus caused by the mayoral election cycle within the contracting authority.鈥�

 

 

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