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Homes England - New Equity Product

key details

Value£50,000
Statuscomplete
Category (CPV) 73000000
Deadline31 Jan 2023
Contract start7 Feb 2023
Contract end31 Mar 2023
Proceduredirect
SME suitableYes
OCIDocds-b5fd17-fd599cab-d506-440e-8870-ff6c756f8f8c

Award

SupplierValueDateStatus
Avison Young (UK) Ltd £50,000 1 Feb 2023 active

description

The Levelling Up Home Building Fund (LUHBF) was approved as part of the Spending Review 2021 (SR21) process. Since then there has been a significant change in wider macroeconomic conditions as well as specifically in the homebuilding market. Homes England would like to consider a potential New Equity Product (NEP), that would seek to address issues hampering the delivery of schemes due to the temporary dislocation of the financial markets late last year.

Homes England would like to test the potential for a NEP amongst the basket of interventions within LUHBF. Initially the purpose is to understand the financial implications of the quantum and characteristics of a NEP within the overall metrics of the LUHBF model supporting the SR21 FBC.

Direct award via Homes Englands Property Panel.

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
3 Mar 2023 Award (award) · 7bfe570f-013f-4695-b729-91b0ae4b588c-621116

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