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Basildon Hospital main entrance and retail facility

Mid and South Essex NHS Foundation Trust Published 22 Jul 2021 Find a Tender

key details

Statuscomplete
Category (CPV) 45000000 +4 more
RegionEast of England
Procedurelimited
OCIDocds-h6vhtk-02cb74

Award

SupplierValueDateStatus
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.

PublishedTypeRegimeNotice
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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