Published date: 23 September 2019
Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.
Contract summary
Industry
Construction work - 45000000
Financial and insurance services - 66000000
Real estate services - 70000000
Location of contract
South East
Value of contract
£65,000,000
Procurement reference
LBROM001-DN429436-98094524
Published date
23 September 2019
Closing date
23 October 2019
Contract start date
1 August 2020
Contract end date
31 July 2060
Contract type
Service contract
Procedure type
Negotiated procedure
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
The London Borough of Bromley is seeking tenders for a delivery model to acquire 400 properties for affordable housing. The model offered by the Tenderer must have the ability to acquire a further 200 properties at the Council's discretion. The Council will consider all types of innovative delivery models. The Council is ideally looking for a contract period of 40 years; however, the Council will consider other proposed options. Please note that the estimated contract value is based on the estimated discounted value of 400 properties in year 40.
The Tender opportunity will be run electronically through the London Tenders Portal and suppliers will need to register their company with the portal at www.londontenders.org to ensure they are able to submit the relevant documents. All applications must be made through the London Tenders portal only and not to the contact details contained in this notice.
About the buyer
Address
Bromley Civic Centre
Stockwell Close
Bromley
BR1 3UH
United Kingdom
Website
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Closing: 23 October 2019
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