Award

Investment Partnership Contract

SOUTH CAMBRIDGESHIRE DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

02 Oct 2020 at 12:01

Award Notice
Summary of the contracting process

The South Cambridgeshire District Council has awarded a significant Investment Partnership Contract, valued at up to £340 million, for the development of properties and commercial premises within the East of England. The contract, initiated under the open procurement method, aims to form a jointly controlled entity under a Members Agreement, with the contract period running from 21st September 2020 to 20th September 2024. The formal confirmation of the award was made on 11th September 2020, with the contract intended to deliver socio-economic benefits and provide future income streams for the council.

This tender presents compelling opportunities for businesses engaged in real estate services and development, particularly for large-scale contractors capable of handling substantial projects. Companies specialising in infrastructure, construction, or investment partnerships would be well-suited to compete, as this contract facilitates the identification and development of land aimed at new housing and commercial facilities. Firms like HILL PARTNERSHIPS and Balfour Beatty Infrastructure Investments are already engaged, showcasing the competitive landscape of this tender.

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Notice Information

Notice Title

Investment Partnership Contract

Notice Description

This notice is to formally confirm the award of a Call off Contract under OJEU 2019/S 034-076867 for Investment Partnership Framework Contract. The objective of the Investment Partnerships Call Off Contract is to establish an entity (formed as an LLP jointly controlled by South Cambridgeshire District Council and the supplier and subject to a form of Members Agreement constituting the Call Off contract)) for the identification of properties or land for development of new homes and commercial premises. These opportunities may deliver long-term socio -economic benefits as well as positive financial returns for the Council in the form of future income streams or capital uplifts. Additional information: This notice is to formally record the award of the Call Off contract for the Investment Partnership Framework Contract.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1810c0fa-44b0-4cb1-ab0c-7f46f76a1e80
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/af335d74-0c4f-4acf-98e2-a455fc35c8ff
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£340,000,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
2 Oct 20205 years ago
Submission Deadline
10 May 2019Expired
Future Notice Date
Not specified
Award Date
10 Sep 20205 years ago
Contract Period
20 Sep 2020 - 20 Sep 2024 4-5 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
SOUTH CAMBRIDGESHIRE DISTRICT 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
CAMBRIDGE
Postcode
CB23 6EA
Post Town
Cambridge
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
Delivery Location
Not specified
Local Authority
South Cambridgeshire
Electoral Ward
Cambourne
Westminster Constituency
St Neots and Mid Cambridgeshire

Supplier Information

Number of Suppliers
2
Supplier Names

BALFOUR BEATTY INFRASTRUCTURE INVESTMENTS

HILL PARTNERSHIPS PARTNERSHIPS

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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