Published date: 31 January 2023

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 23 April 2021, 12pm

Contract summary

Industry

  • Urban development construction work - 45211360

Location of contract

West Midlands

Value of contract

£2,500,000,000

Procurement reference

10354

Published date

31 January 2023

Closing date

23 April 2021

Closing time

12pm

Contract start date

1 April 2022

Contract end date

31 March 2052

Contract type

Works

Procedure type

Other: Concession

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

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.

More information

Previous notice about this procurement

Strategic Property Development Partner

  • Opportunity
  • Published 30 March 2021

Links

Additional text

The estimated value represents the potential value of the development and services. However, potential returns will depend on many commercial factors including (but not limited to) the performance of the developer and market conditions. Bidders should
therefore seek independent legal and commercial advice in relation to the potential value of the opportunity.

Award information

Awarded date

15 December 2022

Contract start date

2 January 2023

Contract end date

31 December 2047

Total value of contract

£2,500,000,000

This contract was awarded to 1 supplier.

Countryside Properties (UK) Ltd

Address

Brentwood
Essex

Reference

Companies House number: 00614864

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

Shire Hall,Market Square
WARWICK
CV344RL
England

Email

procurement@warwickshire.gov.uk