Appointment of a Housing Joint Venture Partner
Estimated value
£6.0m
Awarded value
£6.0m
Suppliers
1
Lots
1
Published
13 Sept 2017
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
- HJV AWARD
- 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
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£6.0m
Award date
18 Apr 2017
Contract start
07 Dec 2016
Contract end
04 Dec 2026