Award

Believe - New Build at Farnham Road

PROSPER

This public procurement record has 1 release in its history.

Award

03 Oct 2025 at 12:48

Award Notice
Summary of the contracting process

Prosper Procurement Ltd, acting on behalf of Believe Developments, has completed the procurement process for a new build development project at Farnham Road, Durham. Designated as "Believe - New Build at Farnham Road," this construction tender was awarded under a Direct Award within a Framework Agreement. Announced on 3rd October 2025, the awarded contract period runs from 19th August 2025 to 31st March 2027, with a value of £5,100,000. The tender primarily falls under the construction works category, with additional services including demolition, site preparation, and architectural services. Prosper, based in Newcastle upon Tyne, managed the procurement for this project, which was published as part of Prosper's tender offerings in the North East region of the United Kingdom.

This tender represents a significant business growth opportunity, particularly for companies specialising in large-scale construction and development projects. The contractor, RE:GEN North East Limited, highlights the procurement's suitability for large-scale businesses with substantial resources and expertise in construction, site preparation, and architecture. The venture promotes regional development, offering potential ripple effects for subcontractors and suppliers within the North East. Although already awarded, similar framework tenders present lucrative prospects for firms positioned to deliver complex construction services, providing both economic growth and market share expansion. Small and medium enterprises (SMEs) might find indirect benefits through supply chain roles or future similar contract opportunities managed by Prosper.

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Notice Information

Notice Title

Believe - New Build at Farnham Road

Notice Description

Believe Developments (subsidiary of Believe Housing) seeks to appoint a suitably qualified and experienced Contractor for a new build development at Farnham Road in Durham. Prosper Procurement Ltd (PROSPER) is managing this procurement on behalf of the Contracting Body. PLEASE NOTE: This is an award notice following a Direct Award under a Framework Agreement and this contract has been let. Additional information: This is an award notice following a Direct Award under Framework Ref:DN764120 - New Build Development Framework [FTS reference:2025/S 000-047093]

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0e61b17a-ce84-48b2-bfaa-b45a6828b9f4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0260c87e-5d5e-41ec-bc71-73ec997f5452
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Works
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

71 - Architectural, construction, engineering and inspection services

CPV Codes

45000000 - Construction work

45111000 - Demolition, site preparation and clearance work

71000000 - Architectural, construction, engineering and inspection services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£5,100,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
3 Oct 20254 months ago
Submission Deadline
15 Aug 2025Expired
Future Notice Date
Not specified
Award Date
17 Aug 20256 months ago
Contract Period
18 Aug 2025 - 31 Mar 2027 1-2 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
PROSPER
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 UPON TYNE
Postcode
NE28 9NZ
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England)
Local Authority
North Tyneside
Electoral Ward
Shiremoor
Westminster Constituency
Tynemouth

Supplier Information

Number of Suppliers
1
Supplier Name

RE:GEN NORTH EAST

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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