Tender

Newcastle-under-Lyme Borough Council Development Partner Project

NEWCASTLE-UNDER-LYME BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Tender

27 Apr 2023 at 16:45

Summary of the contracting process

The Newcastle-under-Lyme Borough Council is seeking a development partner for a joint venture project involving sites like York Place, Parkhouse Road West, and Midway Car Park in the West Midlands, United Kingdom. The procurement process, classified under development services of real estate, is currently in the selective stage with a competitive dialog method. The tender period ends on May 30, 2023, and the contract period ranges from March 1, 2024, to February 28, 2054.

This opportunity offers businesses in the real estate development sector a chance to engage in a long-term joint venture partnership with the council for site development. Companies experienced in real estate development services, particularly those capable of innovative and sustainable schemes, are well-suited to compete for this contract. The Newcastle-under-Lyme Borough Council, the contracting authority, aims to leverage its underutilised assets for regeneration and financial gain through this strategic partnership.

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Notice Title

Newcastle-under-Lyme Borough Council Development Partner Project

Notice Description

Newcastle-under-Lyme Borough Council (the "Council"), as with the Local Government sector at large, is facing significant financial pressures and is seeking ways to take a pro-active commercial approach to both address its financial position and to maximise the value from a variety of surplus, or underutilised assets that make up its portfolio.The Council has a significant portfolio to sites that it wishes to utilise to both support regeneration and deliver financial return. It is therefore looking to establish a new Joint Venture (JV) partnership that will have access to a number of these underutilised assets to deliver development schemes. Three such key sites are:> York Place;> Parkhouse Road West.; and> Midway Car Park

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-051d37fc-a093-4cb0-8650-513a15a561cf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/69224294-a8e5-4db1-b2f1-3be01b7f3e3d
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive dialog
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70110000 - Development services of real estate

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
27 Apr 20232 years ago
Submission Deadline
30 May 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Mar 2024 - 28 Feb 2054 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NEWCASTLE-UNDER-LYME BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE-UNDER-LYME
Postcode
ST5 1BL
Post Town
Stoke-on-Trent
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG24 Staffordshire CC
Delivery Location
TLG West Midlands (England)

Local Authority
Newcastle-under-Lyme
Electoral Ward
Town
Westminster Constituency
Newcastle-under-Lyme

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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