Joint Venture Development Partner

Lampton 360 LtdcontractContracts FinderRef HOUNSLOW001-DN170007-03662734closed
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Estimated value

£90.0m

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

14 Jul 2016

Deadline 16 Aug 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