Basildon Hospital main entrance and retail facility
key details
| Status | complete |
|---|---|
| Category (CPV) | 45000000 +4 more |
| Region | East of England |
| Procedure | limited |
| OCID | ocds-h6vhtk-02cb74 |
Award
| Supplier | Value | Date | Status |
|---|---|---|---|
| Noviniti Dev Co 8 Ltd | · | · | active |
description
Mid and South Essex NHS Foundation Trust ("MSE") intends to enter into a series of leasing arrangements with Noviniti Dev Co 8 Ltd ("Noviniti") and WHSmith ("WHS") in respect of a retail development ("the Development") at Basildon Hospital, Essex ("the Hospital") with WHS as Noviniti's initial tenant and retail operator. MSE has structured the contractual arrangement as a land transaction exempt from the Public Contracts Regulations 2015 (PCR) and the Concession Contracts Regulations 2015 (CCR).
Noviniti has an option to draw down a 35-year ground lease ("GL") of the site in exercise of an option agreement ("OA") with MSE. The GL has break clauses in favour of MSE after 2 years (so MSE can recover the site if the Development is not commenced) and 30 years from practical completion of the Development.
notice history
2 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 22 Jul 2021 | Voluntary ex-ante transparency (F15) | Earlier regulations | 017414-2021 |
| 10 Oct 2021 | Concession award notice (F25) | Earlier regulations | 025291-2021 |
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source
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