Argenta House Main Contractor Tender Awarded to Midgard Ltd

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Published March 12th, 2026

Detected March 13th, 2026

Summary

Clarion Housing has awarded a £68.35 million contract to Midgard Ltd for the design and build of 180 affordable homes at Argenta House. The direct award was justified due to the insolvency of the previous contractor, Henry Construction, and the urgent need to ensure project continuity and meet funding deadlines.

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What changed

Clarion Housing Property Development Service Limited has awarded a direct contract valued at £68,350,900.30 to Midgard Ltd for the design and build of 180 affordable homes at Argenta House. This award follows the insolvency of the previous contractor, Henry Construction, and is justified under the Procurement Act 2023 due to extreme and unavoidable urgency to maintain program continuity, meet GLA Grant Funding deadlines, and prevent potential health and safety issues.

This notice signifies the award of a significant construction contract. While it is a direct award, regulated entities involved in public procurement should note the justifications used, particularly concerning insolvency and urgency, as these may set precedents. The contract is expected to commence on March 16, 2026, with a potential extension to March 30, 2034. No specific compliance actions are required for external parties based on this award notice, but it highlights the operational risks and contractual agility required in public sector construction projects.

Source document (simplified)

Award

Argenta House - Main Contractor

Clarion Housing Property Development Service Limited UK5: Transparency notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2026/S 000-022613

Procurement identifier (OCID): ocds-h6vhtk-06690d

Published 12 March 2026, 6:55pm

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Scope Contract 1. Argenta House - Main Contractor Other information Procedure Supplier Contracting authority

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Reference

C3420

Description

Design and build of 180 affordable homes and associated landscaping at Argenta House, Stonebridge Park, London Borough of Brent.

Contract 1. Argenta House - Main Contractor

Supplier

Midgard Ltd

Contract value

£68,350,900.30 including VAT Above the relevant threshold

Earliest date the contract will be signed

13 March 2026

Contract dates (estimated)

16 March 2026 to 30 March 2032
Possible extension to 30 March 2034
8 years, 15 days Description of possible extension:

2 years

Main procurement category

Works

CPV classifications

Building construction work

Other information

Description of risks to contract performance

The Supplier has been direct awarded due to the insolvency event of Henry Construction. The new Supplier has been willing to take on this project midway through completion which prevents additional costs and delays to the program. These Works are strictly necessary for reasons of extreme and unavoidable urgency to ensure continuity of program, enable Clarion the ability to meet GLA Grant Funding deadlines, and to prevent potential health and safety issues on the vacant site.

Conflicts assessment prepared/revised

Yes

Procedure

Procedure type

Direct award

Direct award justification

Advantageous terms on insolvency

In line with Schedule 5, Paragraph 11 “Advantageous terms on insolvency” and 13 “Urgency” of the Procurement Act – this Direct Award is compliant on the basis of the required Works being subject to the Supplier (Henry Construction) undergoing “insolvency” and the urgent need to source a replacement. These Works are strictly necessary for reasons of extreme and unavoidable urgency to ensure continuity of program, enables Clarion the ability to meet GLA Grant Funding deadlines, and to prevent potential health and safety issues on the vacant site.