South Cambridgeshire District Council - Investment Partnership Framework Contract

Cambridgeshire District CouncilscontractContracts FinderRef CAMBDC001-DN391570-38418810SME suitablecomplete
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Estimated value

Awarded value

£340.0m

Awarded 25 Apr 2019

Suppliers

1

Lots

1

1 awarded

Published

28 Apr 2019

Deadline 15 Mar 2019

Description

SCDC is creating an Investment Partnership Framework Contract, therefore SCDC is looking for suitably qualified and experienced Partners that have the resources, skills and competencies to jointly invest in development opportunities that deliver financial returns. The Investment Partnership Framework Contract be advertised through the Official Journal of the European Union (OJEU) and will use the Open Tendering Procedure compliant with the Public Contract Regulations 2015. The contract is set to start from the 1st May 2019. The contract term is for an initial 2-year term with the option to extend (at the discretion of SCDC) for a further 2-year term. The Framework Contract will comprise of a number of companies who have met the selection criteria as set out within this ITT and will be based on the top scoring companies. It is likely the framework will comprise of 3 or more companies. As this is a Framework contract there are no guaranteed volumes or value however the contract value for OJEU purposes can range from 0 to £340 million during the entire term (2 years plus 2 years extension).

Scope

Reference
CAMBDC001-DN391570-38418810
Commercial tool
Standalone contract
Contract dates
30 Apr 2019 to 29 Apr 2021
CPV classifications
70000000 66100000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
15 Mar 2019, 12:00 am

Award details

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

Awarded value

£340.0m

Award date

25 Apr 2019

Contract start

30 Apr 2019

Contract end

29 Apr 2021