Organisation | First Competition | Second Sale Process |
British Gas | The Company is entitled to a 7.5 per cent share of subsequent sale proceeds. | The Company is entitled to a 7.5 per cent share of subsequent sale proceeds. |
Cabinet Sub-Committee | Received advice from the Sale team, and other bodies involved. It made the final decisions in relation to the selection of bidders based on advice from English Partnerships and New Millennium Experience Company. | Received advice from the Sale team, and other bodies involved. It made the final decisions in relation to the selection of bidders based on advice from English Partnerships. |
Department of Culture Media and Sport (DCMS) | Gave advice to the Cabinet Sub-Committee. Sponsor of the Millennium Commission and New Millennium Experience Company within Government. | Not directly involved in second process. |
Department of the Environment, Transport and the Regions. | Gave advice to the Cabinet Sub-Committee and liaised with English Partnerships, London Underground and the Dome Sale Competition Team. | Gave advice to the Cabinet Sub-Committee and the Minister for the Dome in DTLR and ODPM, liaised with English Partnerships and London Underground. |
Dome Sale Competition Team | An external appointee managed the competition process as Project Director. The team formally reported and gave advice to English Partnerships; it was involved in formulating recommendations, negotiated with bidders over draft project agreement; negotiated with London Underground over sale of land; liaised with bidders and London Borough of Greenwich over submission of planning application. The team also had a duty of care to the New Millennium Experience Company. Team received advice from a group of external specialist advisers: Berwin Leighton Paisner (legal); Jones Lang LaSalle (marketing and advice on masterplan); Deloitte Touche and PriceWaterhouseCoopers (financial); and Richard Rogers Partnerships and WS Atkins (provision of other advice on masterplan). | English Partnerships directly managed the Sale Process. Evaluated reports and formulated recommendations, negotiated with bidders over draft project agreement; negotiated with London Underground for acquisition of their land; liaised with bidders and London Borough of Greenwich over submission of planning application. Team received advice from a group of external specialist advisers: Berwin Leighton Paisner (legal); Jones Lang LaSalle (marketing and advice on masterplan); Deloitte Touche and PriceWaterhouseCoopers (financial); Richard Rogers Partnerships (other advice on masterplan); and WS Atkins (structural and environmental inspection of the Dome and underlying site). |
Dome Sale Unit |
| Group of officials from English Partnerships and the Department, jointly led and convened at the point when Legacy's preferred bidder status was coming to an end, to work closely together to advise Ministers on options going forward. English Partnerships remained managers of the sale process. The Unit ensured more direct communication between Ministers and the professional advisers and closer cohesion between English Partnerships' and the Department's requirements and processes. Over time, the Dome Sale Unit became identified with just the Department officials working in it, since English Partnerships, as vendor, had to negotiate under its own name. |
English Partnerships | Managed the Sale Process in conjunction with NMEC and through liaison with other government interests. | Owned the Freehold of Land under the Dome and were responsible for management of the sale competition, and primary liaison with bidders. Board of English Partnerships made recommendations to Ministers. |
London Borough of Greenwich | Local authority responsible for considering economic basis for planning and agreeing planning proposals. Undertook to provide information to bidders and to hear their initial ideas. Gave planning advice to English Partnerships and bidders. | Local authority responsible for considering economic basis for planning and agreeing planning proposals. Undertook to provide information to bidders and to hear their initial ideas. Gave planning advice to English Partnerships and bidders. |
London Underground Limited | Owners of land adjacent to the Dome. | Owners of Land adjacent to the Dome. Became responsibility of the Mayor of London in 2003. |
Mayor of London |
| Liaised with bidders and the Department. Reviewed formal proposals after London Borough of Greenwich had given their conditional permission to proceed. |
Millennium Commission | Gave advice to the Cabinet Sub-Committee. | Not directly involved in second process. |
New Millennium Experience Company (NMEC) | Provided advice to Government and English Partnerships; liaison with bidders over draft project agreement (e.g. provided information for due diligence process); transfer of assets to successful purchaser. | In July 2001 ownership and management of the Dome passed to English Partnerships. Company placed in solvent voluntary liquidation. Not directly involved in sale process. |