Award

South Cambridgeshire District Council - Investment Partnership Framework Contract

CAMBRIDGESHIRE DISTRICT COUNCILS

This public procurement record has 2 releases in its history.

Award

28 Apr 2019 at 14:37

Award Notice
Tender

13 Feb 2019 at 15:29

Tender Notice
Summary of the contracting process

The South Cambridgeshire District Council is engaging in an open tender for the Investment Partnership Framework Contract aimed at developing joint investment opportunities with qualified partners. The procurement process commenced with the tender announcement on 13th February 2019, and the deadline for submissions was set for 15th March 2019. The contract, valued at up to £340 million over a potential four-year span, is scheduled to start on 1st May 2019, with an initial duration of two years and an option for a two-year extension, located in the East of England.

This procurement opportunity presents significant growth potential for businesses in real estate and investment services. Companies that specialise in partnership models, particularly small and medium-sized enterprises (SMEs), would be well-suited to compete, as the framework is designed to include multiple suppliers based on a competitive selection process. Businesses with experience in delivering financial returns through collaborative investment may find this contract particularly beneficial as South Cambridgeshire District Council seeks experienced partners to fulfil its development objectives.

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Notice Information

Notice Title

South Cambridgeshire District Council - Investment Partnership Framework Contract

Notice Description

SCDC is creating an Investment Partnership Framework Contract, therefore SCDC is looking for suitably qualified and experienced Partners that have the resources, skills and competencies to jointly invest in development opportunities that deliver financial returns. The Investment Partnership Framework Contract be advertised through the Official Journal of the European Union (OJEU) and will use the Open Tendering Procedure compliant with the Public Contract Regulations 2015. The contract is set to start from the 1st May 2019. The contract term is for an initial 2-year term with the option to extend (at the discretion of SCDC) for a further 2-year term. The Framework Contract will comprise of a number of companies who have met the selection criteria as set out within this ITT and will be based on the top scoring companies. It is likely the framework will comprise of 3 or more companies. As this is a Framework contract there are no guaranteed volumes or value however the contract value for OJEU purposes can range from 0 to PS340 million during the entire term (2 years plus 2 years extension).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6a928b5c-2857-4aad-97c4-01fd391922b5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dcfeac61-eaca-4e27-be94-2614c37de80e
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

70 - Real estate services

CPV Codes

66100000 - Banking and investment services

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
28 Apr 20196 years ago
Submission Deadline
15 Mar 2019Expired
Future Notice Date
Not specified
Award Date
25 Apr 20196 years ago
Contract Period
30 Apr 2019 - 30 Apr 2021 2-3 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
CAMBRIDGESHIRE DISTRICT COUNCILS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CAMBOURNE
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 INVESTMENT 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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