Tender

Student Residences Design, Build, Financing and Operation (DBFO)

THE UNIVERSITY OF CHICHESTER

This public procurement record has 1 release in its history.

Tender

28 Jul 2022 at 17:58

Tender Notice
Summary of the contracting process

The University of Chichester is currently in the tender stage seeking a private sector partner for the "Student Residences Design, Build, Financing and Operation (DBFO)" project. This initiative, with an anticipated value of £80 million, aims to establish and refurbish student accommodation across the Bognor Regis and Chichester campuses. The procurement method applied is an open procedure, and submissions are due by 30th August 2022. The contract is expected to commence on 1st January 2023, lasting for 50 years.

This tender presents significant opportunities for businesses in construction, real estate services, and maintenance sectors, particularly those experienced in large-scale projects with long-term operational commitments. Companies that can deliver quality student living environments, incorporate sustainable design, and manage financing arrangements will be particularly well-positioned to compete for this contract. The focus on creating affordable, high-quality accommodation aligns with the increasing demand for enhanced student facilities, making this a strategic opportunity for growth.

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Notice Information

Notice Title

Student Residences Design, Build, Financing and Operation (DBFO)

Notice Description

The University is seeking to procure an experienced private sector partner to deliver oncampus student residences at both its Bognor Regis and Chichester campuses under a design, build, finance and operate agreement with an anticipated length of 50 years. Some existing stock will be transferred to the private sector partner as part of the arrangement. It is the University's preference that the agreement will deliver an off-balance sheet transaction (or one that has minimal impact on the University's balance sheet). The University's primary objective is to create new accommodation and to refurbish existing accommodation on both campuses to meet demand but most importantly provide an affordable, high-quality student and living experience. Full details of the project are contained within the procurement documents.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1aed12ed-bbe3-4333-bdd0-04a2e7e03e32
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/113692f4-fe5a-4ba3-9764-ca7c56196c76
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

50 - Repair and maintenance services

70 - Real estate services

79 - Business services: law, marketing, consulting, recruitment, printing and security

98 - Other community, social and personal services

CPV Codes

45000000 - Construction work

50000000 - Repair and maintenance services

70000000 - Real estate services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

98000000 - Other community, social and personal services

Notice Value(s)

Tender Value
£80,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jul 20223 years ago
Submission Deadline
30 Aug 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Jan 2023 - 31 Dec 2073 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE UNIVERSITY OF CHICHESTER
Contact Name
Cornerstone Project Team
Contact Email
cornerstone@chi.ac.uk
Contact Phone
01243 816000

Buyer Location

Locality
CHICHESTER
Postcode
PO19 6PE
Post Town
Portsmouth
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ27 West Sussex (South West)
Delivery Location
Not specified
Local Authority
Chichester
Electoral Ward
Chichester North
Westminster Constituency
Chichester

Further Information

Notice Documents

Notice URLs

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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