Published date: 14 January 2022

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.


Closing: 14 February 2022, 6pm

Contract summary

Industry

  • Construction work - 45000000

Location of contract

South East

Value of contract

£90,000,000

Procurement reference

BIP657716617

Published date

14 January 2022

Closing date

14 February 2022

Closing time

6pm

Contract start date

1 September 2022

Contract end date

30 September 2027

Contract type

Works

Procedure type

Competitive dialog

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

Catalyst Housing Limited (CHL) is the owner of development land at Turweston Road, Brackley with detailed consent for 350 residential units and is now seeking to appoint a private sector developer partner to form a corporate LLP joint venture (JV) vehicle on a 50:50 basis to develop Turweston Road. Selection of a JV partner will be undertaken under the Lean Competitive Dialogue Procedure.
Bringing investment and expertise across the development process, the JV partner will work in JV with CHL to optimise post planning design, undertake phased construction of the resulting scheme and market and sell the private sale units delivered. All intermediate and affordable units delivered will be acquired from the JV by CHL at an appropriate market rate.
In terms of the best partner therefore, while JV experience is valuable, key is the ability to bring expertise to bear to maximise commercial returns through delivery of an optimised scheme.

More information

Links

About the buyer

Address

Ealing Gateway
26 - 30 Uxbridge Road
London
W5 2AU
UK

Telephone

+442088323116

Email

rupert.burstein@arcadis.com