Published date: 17 August 2020
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Construction work - 45000000
Location of contract
NN1 5DB
Value of contract
£6,586,729
Procurement reference
NGH001-DN474830-27016136
Published date
17 August 2020
Closing date
17 April 2020
Closing time
12am
Contract start date
14 August 2020
Contract end date
13 August 2035
Contract type
Works
Procedure type
Award of contract without prior publication of a contract notice
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
Northampton General Hospital Main Entrance and Retail FacilityNGH intends to enter into a suite of documents relating to the occupation of the development following practical completion of the Development. These documents will comprise: 3 agreements for lease, 2 licences for alterations and an agreement to vary the terms of the Noviniti Lease with the counterparty to those documents being Noviniti and in some instances, Compass Contract Services (UK) Ltd ('Compass'). Those documents are referred to as the 'Transaction Documents'. The transaction documents will provide for the grant of a reversionary lease to NGH of the development and for the grant of a lease of the development to Compass for a term of 15 years commencing upon practical completion of the development. In addition, there will be the grant of a sub-lease by Compass to NGH of parts of the development. The transaction documents will also provide for the grant by NGH to Compass of a lease of part of other retail areas within Northampton General Hospital. NGH has structured the contractual arrangement as a land transaction exempt from the Public Contracts Regulations 2015 and Directive 2014/24/EU.
Award information
Awarded date
17 April 2020
Contract start date
14 August 2020
Contract end date
13 August 2035
Total value of contract
£6,586,729
This contract was awarded to 1 supplier.
Noviniti Dev Co 4 Ltd
Address
The Stables, Churchfield Farm, Harley Way, Oundle, Peterborough, PE8 5AU
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
Lynda Furness
Address
Cliftonville
Northampton
NN1 5BD
England
Telephone
+44 1604523922
Website
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Closing: 17 April 2020, 12am
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