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Business Rates Devolution

South Tees Development Corporation Published 1 Sept 2022 Find a Tender

key details

Statuscomplete
Category (CPV) 79311400
RegionNorth East
Deadline18 Aug 2022
Procedureopen
OCIDocds-h6vhtk-0352f5

Award

SupplierValueDateStatus
not named · · unsuccessful

description

The Devolution Deal with Government in 2015, provided the transfer of significant powers for employment and skills, transport, and investment for economic growth to the Tees Valley Combined Authority (TVCA). The Combined Authority was created in 2016 with the election of the first Tees Valley Mayor in May 2017. Swiftly followed by the creation of the first Mayoral Development Corporation outside of London, to take forward the Teesworks site (former Steelworks site).

Through the deal, TVCA had the power to create an Investment Fund, bringing together funding from a range of sources alongside devolved powers to deliver a 30-year programme of transformational investment in the region. This includes the control of £15m a year funding allocation over 30 years.

Our focus is on economic growth as set out in our Strategic Economic Plan (SEP) and our developing Local Industrial Strategy, with activity prioritised across six growth generating themes:

Business Growth
Research, Development, Innovation & Energy
Education, Employment & Skills
Place
Culture and Tourism
Transport & Infrastructure

All our investment projects need to make a direct contribution to GVA and the creation of jobs.

TVCA works with five Local Authorities within the Tees Valley Region - Stockton, Middlesbrough, Darlington, Hartlepool and Redcar and Cleveland.

notice history

2 notices published against this procurement.

PublishedTypeRegimeNotice
18 Jul 2022 Contract notice (F02) Earlier regulations 019533-2022
1 Sept 2022 Contract award notice (F03) Earlier regulations 024420-2022

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