Published date: 17 June 2022

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


Closing: 23 November 2021, 12pm

Contract summary

Industry

  • Financial consultancy services - 66171000

  • Financial management consultancy services - 79412000

Location of contract

GU2 4BB

Value of contract

£0

Procurement reference

IT-234-33563-GBC - 033563 - AWARD

Published date

17 June 2022

Closing date

23 November 2021

Closing time

12pm

Contract start date

15 December 2021

Contract end date

14 December 2025

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

GBC is seeking to appoint a supplier for providing strategic advice and financial modelling for affordable housing developments. As part of its commitment to provide new affordable housing, GBC is bringing forward a portfolio of sites for redevelopment.

Work has been undertaken to develop scheme designs and, in some instances, planning approval has been obtained. Several other schemes are in the pipeline and it is envisaged that more schemes will follow.

GBC intends to develop the projects itself, retaining the affordable housing created within the HRA. The assets created will be managed and maintained by GBC for the duration of their life.

GBC wants to test the viability of its schemes and is seeking to appoint a single suitably qualified and experienced firm with a demonstrable and up-to-date track record in advising Councils and / or Housing Associations on affordable and mixed-tenure housing projects.

The requirement is to provide strategic and financial advice to GBC in relation to its programme of affordable-led housing development. The requirement includes one initial piece of work but will run for up to a four year period , during which GBC will call-off work as required to help ascertain the viability of its development schemes.
o Impact on general fund
o Payback over thirty years

Award information

Awarded date

1 March 2022

Contract start date

15 December 2021

Contract end date

14 December 2025

Total value of contract

£150,000

This contract was awarded to 1 supplier.

V4 Services Limited

Address

Point 5 New Eden House, Fletcher Road, Gateshead NE8 2ET, Manchester, United Kingdom, M2 4WQ

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Gavin Pugh (GBC)

Address

Guildford
Surrey
SurreY
GU2 4BB
United Kingdom

Telephone

01483 444113

Email

gavin.pugh@guildford.gov.uk

Website

http://www.guildford.gov.uk