Published date: 23 April 2018

Last edited date: 23 April 2018

This notice was replaced on 18 June 2018

This notice does not contain the most up-to-date information about this procurement. The most recent notice is:

Awarded contract (published 18 June 2018, last edited 18 June 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

  • Civic betterment and community facility support services - 98133100

Location of contract

North West

Value of contract

£42,000,000

Procurement reference

RFQ15195833

Published date

23 April 2018

Closing date

8 June 2018

Contract start date

1 July 2018

Contract end date

30 June 2028

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Preston Youth Zone (PYZ) is a project that forms part of the larger programme of activity that is taking place in the regeneration of the Preston Bus Station and multi-storey car park in Lancashire. PYZ can be described as co-locating universal positive activities for young people with targeted services for those young people seeking specialist support. Lancashire County Council are seeking to procure a Concessionaire who will take on the operational and financial risk associated with delivering the PYZ. It is envisaged that the contract will commence on or around the 1 July 2018. The contract is being procured in accordance with the Concession Contracts Regulations 2016. Therefore the successful tenderer is asked to justify an optimum duration of the contract, up to a maximum lease period of 25 years, to enable the tenderer to recoup investments planned to perform the concession as well as make a reasonable return on invested capital. Tenderers are therefore asked to provide a fully costed financial model outlining the time period required to recoup the investments made in performing the concession and make a reasonable return on invested capital. Investment includes initial investments and investments during the life of the concession contract. Please view the tender documents for further details.

More information

Links

Additional text

Please note the contract end date is actually 30/06/2044.

About the buyer

Contact name

Andrew Patten

Address

2nd Floor, Christ Church Precinct
County Hall
PRESTON
PR1 8XJ
England

Telephone

01772 536452

Email

contractscorporate@lancashire.gov.uk