Published date: 15 December 2017
This notice was replaced on 3 September 2018
This notice does not contain the most up-to-date information about this procurement. The most recent notice is:
Awarded contract (published 3 September 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
Accommodation management services - 98341100
Location of contract
BS2 8BB
Value of contract
£0
Procurement reference
tender_159112/637924
Published date
15 December 2017
Closing date
12 January 2018
Contract start date
1 June 2018
Contract end date
31 May 2028
Contract type
Service contract
Procedure type
Competitive dialog
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
The University is seeking to procure an experienced student accommodation development partner for the commercial delivery of the University's new campus: the Temple Quarter Enterprise Campus ('TQEC') in the vicinity of Bristol Temple Meads railway station. The University is working towards the TQEC being operational in autumn 2021. The University is looking for a partner to bring vision, innovation and add value across the whole TQEC project, drawing on a wide range of previous experience, including developing brownfield inner city sites. The TQEC will make provision for around 3 000 students, with a current expectation that the majority of these will be postgraduate. To support this student body the University envisages provision for c. 800 members of staff, both academic and support, that would be based substantially at TQEC. Current proposals are for a minimum of 1 000 beds and in the region of 43 400 m2 of academic buildings. It is anticipated that the student residences agreements will deliver an off balance sheet transaction (or one that has minimal impact on the University's balance sheet) and a capital receipt to the University. The University wants to achieve a high end student residences facility that is in keeping with being a top 50 global institution, one of the leading UK Universities and enhances the student experience on the new TQEC campus.
It is anticipated that the development partner's role would include:
Acting as a development and project manager;
Designing the student residences facility (the design of the academic buildings will remain with the University);
Support on the design of public realm at the TQEC;
Soft and possibly hard facilities management services ('FMS') for the student residences facility and possibly hard FMS for the academic buildings. The University will retain some services relative to its students such as;pastoral care; marketing/allocation; rent collection; debt recovery;
Provide equity for the student residences facility. It is anticipated that a special purpose vehicle ('SPV') will be formed and governed by a shareholders agreement, with the University also a shareholder. The SPV will form the primary contracting entity for the delivery of the student residences facility and the vehicle into which equity and sub-debt will be injected. The University envisages entering into a project agreement with the SPV for an operation term of c. 50 years (subject to dialogue) from practical completion;
Run a competition to secure the financing for the SPV;
Together with the University, procuring a building contractor / contractors for both the residential and academic buildings, as well as public realm (with delivery of residential and academic buildings under 2 separate contracts).
More information
Additional text
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The University intends to contract with the development partner pursuant to a strategic partnering
agreement,which it anticipates in addition to the initial residences project, would grant an exclusive right in relation to a number of other projects within a prescribed area around TQEC. Additionally, given that the student numbers of the University are set to increase to c. 28 000 by 2024/25, the University anticipates that the strategic partnering agreement may also put in place a non-exclusive agreement to work as an ongoing development partner for the future student accommodation and other building requirements to meet the University's growth requirements over an initial term of 5 years, but which may be extended by a further 5 years at the University's election.
The University reserves the right to modify its requirements within the ambit of the Public Contracts Regulations 2015 as a result of the competitive dialogue process.
The initial contract period is 5 years plus up to a further 5 years if options to extend are exercised.
The procurement documents are available at: https://tenders.bris.ac.uk/
A link to the Early Engagement notice on Contracts Finder is below
https://www.contractsfinder.service.gov.uk/Notice/749cf8af-e114-4080-919a-246eb599aecf?p=@jJNT08=UFQxUlRRPT0=N
About the buyer
Address
1-9 Old Park Hill
Bristol
BS2 8BB
England
Telephone
0117 9546369
Website
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