Published date: 10 January 2018
Last edited date: 10 January 2018
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
Repair and maintenance services - 50000000
Real estate services - 70000000
Location of contract
London
Value of contract
£0
Procurement reference
London Borough of Haringey Council - Selection of a Joint Venture Partner
Published date
10 January 2018
Closing date
22 January 2018
Contract start date
1 February 2018
Contract end date
28 February 2058
Contract type
Service contract
Procedure type
Open procedure (below threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
This procedure can be used for procurements below the relevant contract value threshold.
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
London Borough of Haringey Council - Selection of a Joint Venture Partner
Background and Opportunity
The London Borough of Haringey Council (the "Council") is considering selecting a partner with which to facilitate housing acquisition and refurbishment in Haringey in accordance with European Commission guidance on public-private partnerships, and following a decision to proceed being taken by the Council's Cabinet.
The Council and selected partner would establish a joint venture with each party having a 50% share in the joint venture.
The joint venture shall acquire, refurbish, manage and repair 400 housing units within and outside the borough of Haringey.
Once established, the joint venture will also be required to raise £95 million of external finance through issuing a bond with a 40-year term and to facilitate a suitable long-term ownership model which is financially viable and offers a value for money proposition for the Council.
The Council's Information and Participant Response Document ("Response Document"), which is available through the Council's Portal: https://s2c.waxdigital.co.uk/ProcurementLBHaringey/, contains further information on this opportunity.
Instructions for submission
If interested in pursuing this opportunity, candidates may access the Council's portal by registering an account on the 'Register Here' tab; and must complete the Response Document.
All submissions in respect of this opportunity will be evaluated in accordance with the evaluation criteria set out in the Response Document. Following agreement to proceed with the scheme by the Cabinet, the Council will select the candidate which has the highest score on evaluation.
The closing date for the receipt of completed Reponse Documents through the Portal will be 12 noon on 22nd January 2018.
Any queries or clarifications regarding the opportunity should be submitted through the Portal by no later than 12 noon on 15th January 2018.
The Council will notify candidates of the outcome of the evaluation from 29th January 2018.
Disclaimer
The Council is not bound to accept any submission. The cost of responding to this opportunity will be borne entirely by candidates and the Council will not reimburse any costs or expenses incurred by candidates which participate in this selection process. The Council will only proceed with the Joint Venture following agreement by the Cabinet.
About the buyer
Contact name
Fred Nugent
Address
River Park House, 225 High Road, Wood Green
london
N22 8HQ
England
Website
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Closing: 22 January 2018
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