Award

Agreement for lease of part of building to be constructed at Manchester Science Park

UK BIOBANK LTD

This public procurement record has 1 release in its history.

Award

28 Mar 2024 at 17:45

Award Notice
Summary of the contracting process

The UK Biobank Ltd has recently awarded a £42,000,000 contract for the lease of part of a building to be constructed at Manchester Science Park. The agreement involves a 30-year lease of the first and second floors, and part of the ground floor, of a building to be named "Greenheys" within the Manchester Science Park estate. The contract was awarded without prior publication of a contract notice, using a limited procurement method. The contract period is from 27th March 2024 to 27th March 2054, and the tender period ended on 1st January 2024. The industry category is construction work for buildings relating to health in the North West region, United Kingdom.

This tender presents an opportunity for businesses in the construction industry, specifically those involved in building works relating to health. Companies with experience in similar lease agreements for commercial properties may find this opportunity well-suited to expand their business. Although the tender process has already been completed, understanding the details of this contract can provide insights for future opportunities within the Manchester Science Park estate and similar projects in the region. Businesses interested in long-term lease agreements for construction projects should monitor developments at the Manchester Science Park for potential future contracts.

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Notice Information

Notice Title

Agreement for lease of part of building to be constructed at Manchester Science Park

Notice Description

UKB has entered into an agreement for lease ("the Agreement") with Manchester Science Partnerships Ltd ("MSP") and Bruntwood Science Ltd (as guarantor of MSP's obligations) pursuant to which MSP will grant to UKB a 30 year lease of part of a building, yet to be constructed but to be known as "Greenheys". Greenheys will be located on Greenheys Lane within the Manchester Science Park, an estate in Manchester which is owned and has already been partly developed by MSP. This notice confirms the Agreement has been entered into.The lease will be of the first and second floors, and part of the ground floor, of Greenheys ("the UKB Premises"). MSP intends to construct Greenheys, and to lease the other space in it to tenants who will be keen to be co-located with UKB, as part of the development of its estate.The award of the Agreement has not been the subject of a competitive procurement pursuant to the Public Contracts Regulations 2015 as amended or otherwise, for the reasons set out in Section II.2.4 below.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6d4d3b2a-c165-4f68-80e3-0a40c3ef6b57
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e8138b31-9e8f-438c-a805-80b61e865ad9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Limited
Procurement Method Details
Award of contract without prior publication of a contract notice
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

CPV Codes

45215100 - Construction work for buildings relating to health

Notice Value(s)

Tender Value
£42,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£42,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
28 Mar 20241 years ago
Submission Deadline
1 Jan 2024Expired
Future Notice Date
Not specified
Award Date
27 Mar 20241 years ago
Contract Period
27 Mar 2024 - 27 Mar 2054 Over 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
UK BIOBANK LTD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
STOCKPORT
Postcode
SK3 0SA
Post Town
Stockport
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD35 Greater Manchester South East
Delivery Location
TLD North West (England)
Local Authority
Stockport
Electoral Ward
Davenport & Cale Green
Westminster Constituency
Stockport

Supplier Information

Number of Suppliers
1
Supplier Name

MANCHESTER SCIENCE 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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