Strategic Property Development Partner

Warwickshire County CouncilcontractContracts FinderRef 10354SME suitablecomplete
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Estimated value

£2.5bn

Awarded value

£2.5bn

Awarded 15 Dec 2022

Suppliers

1

Lots

1

1 awarded

Published

31 Jan 2023

Deadline 23 Apr 2021

Description

Warwickshire County Council ("the Council") and its wholly owned property company Warwickshire Property & Development Company ("WPDC") are seeking a strategic property development partner to fund, develop and undertake sales activity across a programme of schemes primarily throughout Warwickshire via a 50:50 joint venture ("JV") arrangement. The Council is proposing 6 sites from its landholdings portfolio to be committed to the JV from the outset. These sites have the potential to deliver circa 2,000 residential units and associated commercial development. In addition there will be the potential for the Council to offer additional sites to the JV from its significant portfolio. The JV could also purchase its own sites from a third party or the JV partner could offer sites to the JV. Further information and details about the scope of the procurement are set out in the broader procurement suite including appendices which are made available via www.csw-jets.co.uk The Concession Contracts Regulations 2016 apply to this Project.

Scope

Reference
10354
Total value
£2,500,000,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
31 Mar 2022 to 31 Mar 2052
CPV classifications
45211360
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
23 Apr 2021, 11:00 am

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£2.5bn

Award date

15 Dec 2022

Contract start

31 Mar 2022

Contract end

31 Mar 2052