Appointment of a Housing Joint Venture Partner

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Estimated value

£6.0m

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

23 Apr 2016

Deadline 31 May 2016

Description

The Council is seeking a private sector partner (“Partner”) to work under collaborative partnership arrangements under the terms of a Partnering Agreement, for a period of 10 years, with an option to extend by up to a further period of 5 years, subject to review mechanisms and break options. The Council’s aim is to establish a lean, tax efficient joint venture arrangement (the “JV”) which shall be set up with the primary aim to pro-actively manage the delivery of high quality housing in line with the Council’s housing aspirations and Local Plan for identified sites in the Borough of Burnley. The activities of the JV in delivering the Council's housing aspirations and Local Plan shall include, but shall not be limited to, master planning, stakeholder engagement, direct development of agreed housing schemes on allotted sites (or the procurement of such development) and the marketing and sales of those units and dwellings.

Scope

Reference
BBC:HJV
Total value
£6,000,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
07 Dec 2016 to 04 Dec 2026
CPV classifications
45000000 71200000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
31 May 2016, 11:00 pm