Published date: 21 January 2025

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


Closing: 20 January 2025, 12am

Contract summary

Industry

  • Real estate services - 70000000

Location of contract

East Midlands

Value of contract

£4,000,000

Procurement reference

BIP918855561

Published date

21 January 2025

Closing date

20 January 2025

Closing time

12am

Contract start date

1 November 2025

Contract end date

1 November 2027

Contract type

Service contract

Procedure type

Other

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

The University proposes entering into an agreement for lease with Stoford Loughborough Limited ("Stoford") that will, subject to the satisfaction of certain conditions precedent, result in the grant of a long lease by the University of a site owned by the University ("the site") to a lessee nominated by Stoford ("the lessee"). Stoford proposes to commission the construction by a building contractor for the lessee of a new advanced manufacturing facility on the site, along with site specific infrastructure, which the lessee will sub-lease to an occupier ("the sub-lessee"). The building contractor will also provide certain infrastructure works on land owned by the University adjacent to the site, comprising a new roundabout, spine road and drainage, which will be owned by the University.

More information

Links

Award information

Awarded date

20 January 2025

Contract start date

1 November 2025

Contract end date

1 November 2027

Total value of contract

£4,000,000

This contract was awarded to 1 supplier.

Stoford Loughborough Limited

Address

26-28 Ludgate Hill
Birmingham

Reference

None

Supplier is SME?

No

About the buyer

Address

Epinal Way
Loughborough
LE11 3TU
UK

Telephone

+441509228186

Email

M.T.Chester@lboro.ac.uk