gvtcx

Joint Venture for Development of Multiple Sites in Suffolk

Suffolk County Council Published 18 Jul 2022 Contracts Finder

key details

Value£750,000,000
Statuscomplete
Category (CPV) 70000000 +7 more
RegionEast of England
Deadline9 Apr 2021
Procedureselective
OCIDocds-h6vhtk-029a1c

Award

SupplierValueDateStatus
Lovell Partnerships Limited · · active

description

Suffolk County Council (the Council) has the ambition of delivering residential development in Suffolk. In order to realise this ambition, the Council is seeking to procure a private sector partner ('PSP') with whom to establish a 50:50 joint venture ('JV') development vehicle.The JV will be responsible for delivering multiple residential development schemes throughout Suffolk. The Council will commit sites to the JV for development and may also provide funding via loans or equity contributions.It is anticipated that the PSP will provide funding and services to the JV. Such services may include (amongst others) construction services and development management services.Following development, individual residential units or development parcels will be marketed and sold. Profits from the JV will be distributed to the Council and the PSP based on their equity holdings.

documents

Documents are linked, not mirrored. They are served by the publishing authority and may require registration.

notice history

3 notices published against this procurement.

PublishedTypeRegimeNotice
10 Mar 2021 Contract notice (F02) Earlier regulations 004779-2021
10 Mar 2021 Tender (tender) · 311cbb15-bc9a-44b4-a1b3-87706065ae6f-418940
18 Jul 2022 Contract award notice (F03) Earlier regulations 019562-2022

more from Suffolk County Council

all contracts from this buyer →

similar contracts awarded

Other awarded contracts in the same category. Useful for seeing who normally wins this kind of work, and at what value.

source

Published on Contracts Finder. Contact details for named individuals are not reproduced on this site.