Strategic Property Development Partner
Estimated value
£2.5bn
Awarded value
£2.5bn
Suppliers
1
Lots
1
Published
31 Jan 2023
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