Housing Annuity Leaseback Model Phase 2
key details
| Value | £25,000,000 |
|---|---|
| Status | complete |
| Category (CPV) | 45000000 |
| Region | North East |
| Deadline | 12 Apr 2019 |
| Contract start | 1 Oct 2019 |
| Contract end | 30 Sept 2024 |
| Procedure | selective |
| SME suitable | No |
| OCID | ocds-b5fd17-392a1475-b19a-4e1b-982a-b4aea34e1c74 |
Award
| Supplier | Value | Date | Status |
|---|---|---|---|
| TOLENT CONSTRUCTION LIMITED | £22,481,981 | 16 Oct 2019 | active |
description
Newcastle Council wishes to invite organisations to finance, design and build and fit out new homes on specific sites and to certain standards and specification which the Council will lease back for a set period of time under an Annuity Lease Back Model 'ALBM',. At the end of this period of time all property and assets will revert back to Council ownership. By leasing the properties back to the Council the partner will secure a long term fixed return for the investment.
There are 199new homes (including Assisted Living apartments, Tyneside flats and bungalows) on 8 ites across the city envisaged for inclusion. This will deliver older persons housing, and an assisted living scheme.
documents
- https://www.contractsfinder.service.gov.uk/Notice/511ed77e-6bf7-48ae-9eb3-8fe0b6b8769a , tenderNotice
Documents are linked, not mirrored. They are served by the publishing authority and may require registration.
notice history
1 notice published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 30 Oct 2019 | Award (award) | · | 38b58553-ea86-4d44-997c-1e7274cc2dd0-322745 |
more from Newcastle City Council
- Traffic Management for NUFC · £820,814 · 26 Aug 2026
- Food Waste Containers · £667,000 · 26 Aug 2026
- Specialist Drug and Alcohol Carers Service · £1,629,000 · 1 Jun 2026
- 009187 · £50,000 · 29 Dec 2025
- Traffic Signals - Maintenance, Repair & Inspection · £35,000,000 · 6 Oct 2025
- Pottery Bank Demolition · 20 Aug 2025
- Newington Road East Depot Demolition · 30 Jul 2025
- Rotary Way Grampian Scheme Design · 2 Jul 2025
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.
- 12694 - Stalybridge Multi Storey Car Park · Tameside Metropolitan Borough Council · £5,000,000
- 20266 - Proposed Single Storey Rear Bedroom and Shower Room Extension at 29 Elworthy Avenue, Halewood L26 7AA · Knowsley Council · £80,000
- Derby City Council - Bute Walk · WESTWORKS PROCUREMENT LIMITED · £1,081,059
- 20264 - Proposed Single Storey Rear WC Extension at 28 Mirfield Close Halewood L26 9XP · Knowsley Council · £50,000
- 20261 - Proposed Single Storey Rear Bedroom Extension at 6 Fleetwood Gardens, Kirkby, L33 1TP · Knowsley Council · £50,000
- 12692 - Proposed Single Storey Rear / Side Bedroom and Shower Room Extension at 35 Elizabeth Road, L10 4XJ · Knowsley Council · £80,000
- 12691 - Proposed Single Storey Side / Rear Bedroom and Shower Room Extension at 103 Bearwood Road, L33 2AF · Knowsley Council · £80,000
- SCC - KC - St. Martins CoE Demountable Classrooms · SURREY COUNTY COUNCIL · ·
source
Published on Contracts Finder. Contact details for named individuals are not reproduced on this site.