Published date: 3 March 2023

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


Closing: 31 January 2023, 11:59pm

Contract summary

Industry

  • Research and development services and related consultancy services - 73000000

Location of contract

England

Value of contract

£50,000

Procurement reference

HCA001-DN659252-24875997

Published date

3 March 2023

Closing date

31 January 2023

Closing time

11:59pm

Contract start date

7 February 2023

Contract end date

31 March 2023

Contract type

Service contract

Procedure type

Direct award

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes


Description

The Levelling Up Home Building Fund (LUHBF) was approved as part of the Spending Review 2021 (SR21) process. Since then there has been a significant change in wider macroeconomic conditions as well as specifically in the homebuilding market. Homes England would like to consider a potential New Equity Product (NEP), that would seek to address issues hampering the delivery of schemes due to the temporary dislocation of the financial markets late last year.\r
\r
Homes England would like to test the potential for a NEP amongst the basket of interventions within LUHBF. Initially the purpose is to understand the financial implications of the quantum and characteristics of a NEP within the overall metrics of the LUHBF model supporting the SR21 FBC.\r
\r
Direct award via Homes Englands Property Panel.


Award information

Awarded date

1 February 2023

Contract start date

7 February 2023

Contract end date

31 March 2023

Total value of contract

£50,000

This contract was awarded to 1 supplier.

Avison Young (UK) Ltd

Address

W1F 7FD

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No


About the buyer

Contact name

Shaun Naylor

Address

The Lumen
St James Boulevard, Newcastle Helix
Newcastle upon Tyne
NE4 5BZ
England

Telephone

+44 3001234500

Email

shaun.naylor@homesengland.gov.uk

Website

https://www.gov.uk/government/organisations/homes-england