Award

Project Texas

LOUGHBOROUGH UNIVERSITY

This public procurement record has 1 release in its history.

Award

21 Jan 2025 at 16:40

Summary of the contracting process

Loughborough University has completed the procurement process for "Project Texas," a real estate services project in the East Midlands, United Kingdom, with Stoford Loughborough Limited as the supplier. This project entails developing a new advanced manufacturing facility and associated infrastructure, including a roundabout, spine road, and drainage systems on university-owned land. The procurement stage is currently at the award stage, with Stoford being awarded the contract on 20th January 2025. The contract is valued at £4,000,000 and will run from 1st November 2025 to 1st November 2027.

This tender offers significant business growth opportunities, especially for businesses involved in advanced manufacturing and real estate services. Large-scale enterprises capable of undertaking complex construction and infrastructure projects are well-suited to compete in such procurements. Additionally, companies experienced in working with academic institutions and developing bespoke property solutions could benefit from exploring similar opportunities facilitated by organisations like Loughborough University.

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Notice Title

Project Texas

Notice Description

The University proposes entering into an agreement for lease with Stoford Loughborough Limited ("Stoford") that will, subject to the satisfaction of certain conditions precedent, result in the grant of a long lease by the University of a site owned by the University ("the site") to a lessee nominated by Stoford ("the lessee"). Stoford proposes to commission the construction by a building contractor for the lessee of a new advanced manufacturing facility on the site, along with site specific infrastructure, which the lessee will sub-lease to an occupier ("the sub-lessee"). The building contractor will also provide certain infrastructure works on land owned by the University adjacent to the site, comprising a new roundabout, spine road and drainage, which will be owned by the University.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2a87d574-bb5e-4f18-bc0e-b6a3cafdadb8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c7915e75-a223-4a1d-85d1-cdebee1b29fb
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
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
£4,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jan 20251 years ago
Submission Deadline
20 Jan 2025Expired
Future Notice Date
Not specified
Award Date
20 Jan 20251 years ago
Contract Period
1 Nov 2025 - 1 Nov 2027 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LOUGHBOROUGH UNIVERSITY
Contact Name
Not specified
Contact Email
m.t.chester@lboro.ac.uk
Contact Phone
+441509228186

Buyer Location

Locality
LOUGHBOROUGH
Postcode
LE11 3TU
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF22 Leicestershire CC and Rutland
Delivery Location
TLF East Midlands (England)

Local Authority
Charnwood
Electoral Ward
Loughborough Ashby
Westminster Constituency
Loughborough

Supplier Information

Number of Suppliers
1
Supplier Name

STOFORD LOUGHBOROUGH

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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