Published date: 3 October 2016

Closed early engagement


Closing date: 23 February 2018

Contract summary

Industry

  • Financial and insurance services - 66000000

Location of contract

North West

Procurement reference

NW/RL/0017

Published date

3 October 2016

Closing date

23 February 2018

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

West Lancashire Borough Council is keen to increase the supply of affordable housing in the Borough, and is seeking to establish the potential interest from the market in the provision of public or private funding to support the delivery of additional affordable rented accommodation.
The Council currently retains capital receipts from Council properties which are sold through Right to Buy arrangements. Retained capital receipts must be used to increase the supply of affordable rented housing. This may occur through new build or acquisitions of existing property, however, no more than 30% of the retained capital receipt can be applied to each unit / overall development costs.
The Council is therefore interested in securing public or private funding from organisations to develop affordable housing with the organisation providing the required 70% funding.

More information

Attachments

Additional text

Additional information is contained in the attached Project Brief.

Please respond by 3 November 2016.

Please visit www.westlancs.gov.uk for more information about West Lancashire Borough Council.

About the buyer

Contact name

Bob Livermore

Address

West Lancashire Borough Council
52 Derby Street
Ormskirk
L39 2DF
England

Telephone

01695 585 200

Email

bob.livermore@westlancs.gov.uk

Website

www.westlancs.gov.uk