Published date: 5 March 2024

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


Closing: 1 February 2024, 12pm

Contract summary

Industry

  • Financial consultancy services - 66171000

Location of contract

SO17 1BJ

Value of contract

£250,000

Procurement reference

2023UoS-1168F

Published date

5 March 2024

Closing date

1 February 2024

Closing time

12pm

Contract start date

1 March 2024

Contract end date

28 February 2027

Contract type

Service contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No


Description

The Residences Strategic Major Programme of work has identified the need for up to 9,000 beds to meet our current size and shape ambitions by 2031/32 and is actively exploring all options to increase bed numbers as quickly as possible during that period.

We are taking a blended approach to delivering these beds whereby a proportion of the development is delivered on UoS sites. We have identified that circa. 2400 beds could be delivered on the UoS estate but are not in a position to undertake direct development of most of these beds.

We are looking to agree a partnership with a developer / investor / operator who we would transfer stock to that they would operate whilst building new stock on areas of UoS sites that we have identified. It is anticipated that a stock transfer of around 2,300 beds and development of around 2,500 beds are in scope. The partner would be responsible for planning & development. Risk and reward is shared by the partnership.

This procurement seeks to secure financial advisory services to advise the University from the strategic phase of setting out the proposal structure and throughout the procurement of the partner.


Award information

Awarded date

26 February 2024

Contract start date

1 March 2024

Contract end date

28 February 2027

Total value of contract

£250,000

This contract was awarded to 1 supplier.

QMPF LLP

Address

Exchange Place 3,
3 Semple Street,
Edinburgh
EH3 8BL

Reference

Companies House number: SO304024

Value of contract

£250,000

Supplier is SME?

Yes

Supplier is VCSE?

No


About the buyer

Address

BUILDING 37, HIGHFIELD CAMPUS,UNIVERSITY ROAD
SOUTHAMPTON
SO171BJ
England

Telephone

02380 595000

Email

procurement@soton.ac.uk

Website

https://www.southampton.ac.uk/