Award

Strategic Property Development Partner

WARWICKSHIRE COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

31 Jan 2023 at 17:38

Award Notice
Tender

30 Mar 2021 at 12:06

Tender Notice
Summary of the contracting process

Warwickshire County Council is seeking a Strategic Property Development Partner to fund, develop, and undertake sales activities across a programme of schemes primarily in Warwickshire via a 50:50 joint venture arrangement. The procurement, classified under urban development construction work, has a contract value of £2.5 billion. The tender deadline is 23rd April 2021, with a contract period starting from 1st April 2022 to 31st March 2052. The buyer is Warwickshire County Council, and the procurement method details indicate the use of a concession agreement.

This tender, led by Warwickshire County Council, presents a significant opportunity for businesses interested in urban development construction work to engage in a substantial long-term joint venture agreement worth £2.5 billion. Small and medium enterprises (SMEs) could particularly benefit from participating in this tender due to the potential for growth and collaboration within a large-scale development project. Businesses with experience in property development and sales activities would be well-suited to compete and contribute to this strategic partnership opportunity.

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Notice Information

Notice Title

Strategic Property Development Partner

Notice Description

Warwickshire County Council ("the Council") and its wholly owned property company Warwickshire Property & Development Company ("WPDC") are seeking a strategic property development partner to fund, develop and undertake sales activity across a programme of schemes primarily throughout Warwickshire via a 50:50 joint venture ("JV") arrangement. The Council is proposing 6 sites from its landholdings portfolio to be committed to the JV from the outset. These sites have the potential to deliver circa 2,000 residential units and associated commercial development. In addition there will be the potential for the Council to offer additional sites to the JV from its significant portfolio. The JV could also purchase its own sites from a third party or the JV partner could offer sites to the JV. Further information and details about the scope of the procurement are set out in the broader procurement suite including appendices which are made available via www.csw-jets.co.uk The Concession Contracts Regulations 2016 apply to this Project. Additional information: The estimated value represents the potential value of the development and services. However, potential returns will depend on many commercial factors including (but not limited to) the performance of the developer and market conditions. Bidders should therefore seek independent legal and commercial advice in relation to the potential value of the opportunity.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-72547383-5284-482b-9ff6-7586c850a8f3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/02d1d31f-c3ce-47a3-8eca-d7fdcaf03c7a
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

CPV Codes

45211360 - Urban development construction work

Notice Value(s)

Tender Value
£2,500,000,000 £1B-£10B
Lots Value
Not specified
Awards Value
£2,500,000,000 £1B-£10B
Contracts Value
Not specified

Notice Dates

Publication Date
31 Jan 20233 years ago
Submission Deadline
23 Apr 2021Expired
Future Notice Date
Not specified
Award Date
15 Dec 20223 years ago
Contract Period
2 Jan 2023 - 31 Dec 2047 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
WARWICKSHIRE COUNTY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WARWICK
Postcode
CV34 4RL
Post Town
Coventry
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG13 Warwickshire CC
Delivery Location
TLG West Midlands (England)
Local Authority
Warwick
Electoral Ward
Warwick Saltisford
Westminster Constituency
Warwick and Leamington

Supplier Information

Number of Suppliers
1
Supplier Name

COUNTRYSIDE PROPERTIES (UK

Further Information

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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