Hackney (Parliament Politics Magazine) – Hackney Council seeks contractor for £150m regeneration scheme, delivering 341 new homes, including 90 social rent units, on De Beauvoir Estate in east London.
On 10 underutilized infill sites on the De Beauvoir Estate, 341 new dwellings will be built as part of the De Beauvoir New dwellings Project. Ninety units will be for social rent, and forty-five percent of the new dwellings will be for affordable housing.
Built in the late 1960s, the current estate has 870 residences, including five tower blocks with 15–19 stories.
The program is a component of the local government’s housing supply initiative, which aims to build 1,000 additional socially rentable homes between 2022 and 2026.
A one-time direct council investment will pay 75% of the 400 council homes that will be created from the program’s redevelopment of underutilized garages and parking lots throughout Hackney.
The remaining portion will be sold outright to raise further funds.
A two-step procedure will be used to choose the winner of the most recent tender competition.
In order to move the project design through RIBA Stages three and four, prepare the Building Safety Act Gateway 2 submission, and create an open-book tender for major works, five bidders will be selected for a pre-construction services agreement.
The contract must be awarded by June 2026, and tender applications conclude on November 21, 2025.
It is anticipated that construction will begin on September 10, 2026, and continue for four years.
What required insurance and bonding levels are specified?
For the Hackney De Beauvoir Estate regeneration scheme, although specific insurance and cling situations for this design haven’t been intimately detailed, typical conditions for analogous public sector design and contracts generally include performance bonds, employers liability, or workers compensation.
Generally set at 100% of the contract value to guarantee contractor performance. For a £150 million design, this bond ensures that if the contractor defaults, the council has fiscal expedient. Generally needed with limits around £10 million per circumstance to cover injury or damage claims arising during construction.
Contractors bidding on major regeneration contracts must demonstrate fiscal stability and give evidence of these insurances with certified attestation. Bonds and insurances insure threat mitigation for both parties and compliance with statutory and contractual scores.