WSCC - TH - Strategic Development Partner - AWARD

West Sussex County CouncilcontractContracts FinderRef WSCC - 030887 - AWARDcomplete
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Estimated value

£1.0bn

Awarded value

£1.0bn

Awarded 29 Mar 2021

Suppliers

1

Lots

1

1 awarded

Published

30 Mar 2021

Deadline 24 Jul 2020

Description

West Sussex County Council is seeking to procure a partner for its asset development programme. The Council has a substantial portfolio of surplus land and property that can either be disposed of or developed. There is a consensus of opinion within the Council that there is a need to pursue a model where the Council takes more of an active role in development with the aim of improving the financial returns to the Council and pace of delivery. The Council is therefore seeking a partner with development and funding expertise to work with it to identify opportunities from its land holdings and potentially those of its partners, and bring forward development and funding on these sites. The Council also reserves the right to pursue investment opportunities and land acquisitions during the lifetime of the partnership.

Scope

Reference
WSCC - 030887 - AWARD
Total value
£1,000,000,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
01 Jun 2021 to 31 May 2051
CPV classifications
70000000

Submission & procedure

Submission deadline
24 Jul 2020, 11:00 am

Award details

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

Awarded value

£1.0bn

Award date

29 Mar 2021

Contract start

01 Jun 2021

Contract end

31 May 2051