Published date: 10 October 2023
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
Financial consultancy services - 66171000
Building consultancy services - 71315200
Research and development consultancy services - 73200000
Location of contract
PO16 7AZ
Value of contract
£30,000
Procurement reference
FAR001-DN693673-37079602
Published date
10 October 2023
Closing date
10 November 2023
Closing time
12pm
Contract start date
4 December 2023
Contract end date
9 February 2024
Contract type
Service contract
Procedure type
Open procedure
Any interested supplier may submit a tender in response to an opportunity notice.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
Yes
Description
The Council has been invited by Welborne Land Limited to form a Joint Venture for the ownership and management of the affordable housing units built by Welborne Land Limited at Welborne Garden Village.
The Council wishes to commission high-level advice on this JV proposal, specifically to understand the financial implications and key risks to the Council, and to understand what alternative mechanisms there might be for them to have a role in the ownership and management of the affordable homes at Welborne.
The Council also seeks an insight into the advantages to Welborne Land Limited (and the Council) in creating this JV as proposed, and why this is a better alternative for both parties than the straight-forward provision of affordable housing as envisaged in the s106 Agreement.
The Council will also require ongoing support and advice in its negotiations with Welborne Land Limited on this matter
About the buyer
Contact name
Nicky Roberts
Address
Civic Offices
Civic Way
Fareham
PO16 7AZ
England
Telephone
+44 1329824693
Website
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Closing: 10 November 2023, 12pm
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