Award

Contract for the Development of Flowers Lane and Purchase of 460 Additional Housing Units

TORUS62 DEVELOPMENTS LIMITED

This public procurement record has 1 release in its history.

Award

01 Nov 2022 at 14:00

Summary of the contracting process

The contracting process for the development of Flowers Lane and purchase of 460 additional housing units was awarded to Castle Green Homes by Torus62 Developments Limited. This contract falls under the industry category of site-development work and is located in the North West region of the United Kingdom. The procurement stage is complete, with a total contract value of £124 million. The tender period ended on 31st October 2022, and the contract period spans from 30th November 2022 to 1st November 2027.

This tender award presents a significant opportunity for businesses involved in construction and property development. Companies specialising in works related to site development could benefit from participating in similar future tenders. Torus62 Developments Limited, the buying organisation, selected Castle Green Homes as the supplier for this project. The contract aims to provide affordable housing to meet the needs of the local community in St. Helens. Businesses looking to expand in the housing construction sector should monitor similar procurement opportunities to grow their operations and contribute to the development of sustainable communities.

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Notice Title

Contract for the Development of Flowers Lane and Purchase of 460 Additional Housing Units

Notice Description

The development agreement relates to sale of Torus62 Developments Ltd's Flowers Lane site to the developer, who will provide build-out of 120 x s.106 units and provide a further 460 x housing units to Torus62 Developments Ltd across various additionality sites. The development agreement is being entered into by Torus62 Development's Ltd for the purpose of providing affordable housing that will support the existing and future needs of the local community.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-61b9cba6-58f9-41fa-bd61-96b131513b11
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fdc9550d-0a99-45bc-b3a8-494afdc1d0ad
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work


CPV Codes

45111291 - Site-development work

Notice Value(s)

Tender Value
£124,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£124,000,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
1 Nov 20223 years ago
Submission Deadline
31 Oct 2022Expired
Future Notice Date
Not specified
Award Date
31 Oct 20223 years ago
Contract Period
30 Nov 2022 - 1 Nov 2027 4-5 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
TORUS62 DEVELOPMENTS LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ST.HELENS
Postcode
WA9 1LD
Post Town
Warrington
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD71 East Merseyside
Delivery Location
TLD North West (England)

Local Authority
St. Helens
Electoral Ward
Peasley Cross & Fingerpost
Westminster Constituency
St Helens South and Whiston

Supplier Information

Number of Suppliers
1
Supplier Name

CASTLE GREEN HOMES

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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