Joint Venture Development Partner
Estimated value
£90.0m
Awarded value
—
Suppliers
0
Lots
1
Published
14 Jul 2016
Description
In order for the Council to respond to its housing needs, it is establishing a Local Authority Company – Lampton 360 Ltd. Lampton 360 Ltd will be commissioned to develop planning policy compliant housing proposals. Lampton 360 Ltd will develop sites that deliver a mix of tenures, comprising 40% of units for private sale, 40%units for affordable (24% Social Rent, 16% Intermediate), and 20% private rent. Lampton 360 Ltd are looking to work in collaboration with a private sector joint venture development partner to aid the control of future build costs, and share risk in terms of potential changes in market conditions over a longer term period. Lampton 360 Ltd are looking for partners with inner city experience.A restrictive procurement process will be followed.
Scope
- Reference
- HOUNSLOW001-DN170007-03662734
- Total value
- £90,000,000 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 01 Nov 2016 to 31 Oct 2019
- CPV classifications
- 44000000 45000000 70000000
Submission & procedure
- Submission deadline
- 16 Aug 2016, 11:00 pm