Planning

Temple Quarter Enterprise Campus - Student Accommodation Development Partner

UNIVERSITY OF BRISTOL

This public procurement record has 1 release in its history.

Planning

23 Nov 2017 at 15:27

Summary of the contracting process

The University of Bristol is seeking a development partner for the Temple Quarter Enterprise Campus (TQEC) student accommodation project, located near Bristol Temple Meads railway station. Currently in the planning stage, this tender aims to secure an experienced firm capable of delivering innovative and high-quality student residences. Key milestones include a supplier event on 11 December 2017, where prospective bidders can register to attend and learn more about the opportunity. The initial goal is to accommodate around 3,000 students, with expectations of project delivery culminating in operational readiness by autumn 2021.

This procurement presents significant opportunities for businesses specializing in accommodation management and development, particularly those with experience in urban redevelopment and managing large-scale projects. Businesses well-suited to compete may include developers, architects, and facilities management companies looking to engage in public-private partnerships. The potential strategic partnering agreement could also facilitate long-term growth prospects, as the University anticipates additional development work in line with increasing student enrolment over the next decade.

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Notice Title

Temple Quarter Enterprise Campus - Student Accommodation Development Partner

Notice Description

The University is seeking to procure an experienced student accommodation development partner for the commercial delivery of the University's new campus: the Temple Quarter Enterprise Campus ("TQEC") in the vicinity of Bristol Temple Meads railway station. The University intends to contract with the development partner pursuant to a strategic partnering agreement, which it anticipates in addition to the initial residences project, would grant an exclusive right in relation to a number of other projects within a prescribed area around TQEC. Additionally, given that the student numbers of the University are set to increase to c. 28,000 by 2024/25, the University anticipates that the strategic partnering agreement may also put in place a non-exclusive agreement to work as an on-going development partner for the future student accommodation and other building requirements to meet the University's growth requirements over an initial term of 5 years, but which may be extended by a further 5 years at the University's election. A supplier event will be held at the Engine Shed, Station Approach, Bristol BS1 6QH on Monday 11 December from 10am - 5pm. Prospective bidders are strongly encouraged to attend and must register to do so. The event will include a presentation from the University in the morning and the opportunity for individual sessions to ask questions in the afternoon. A maximum of two delegates from each organisation are permitted to attend. Please respond to the email address below to register to attend the supplier event. Further details will be provided upon registration: procurement-office@bristol.ac.uk Additional information: The University is working towards the TQEC being operational in autumn 2021. The University is looking for a partner to bring vision, innovation and add value across the whole TQEC project, drawing on a wide range of previous experience, including developing brownfield inner city sites. The TQEC will make provision for around 3,000 students, with a current expectation that the majority of these will be postgraduate. To support this student body the University envisages provision for c. 800 members of staff, both academic and support, that would be based substantially at TQEC. Current proposals are for a minimum of 1,000 beds and in the region of 43,400 sq m of academic buildings. It is anticipated that the student residences agreements will deliver an off balance sheet transaction (or one that has minimal impact on the University's balance sheet) and a capital receipt to the University. The University wants to achieve a high end student residences facility that is in keeping with being a top 50 global institution, one of the leading UK Universities and enhances the student experience on the new TQEC campus. It is anticipated that the development partner's role would include: Acting as a development and project manager; Designing the student residences facility (the design of the academic buildings will remain with the University); Support on the design of public realm at the TQEC; Soft and possibly hard facilities management services ("FMS") for the student residences facility and possibly hard FMS for the academic buildings. The University will retain some services relative to its students such as; pastoral care; marketing/allocation; rent collection; debt recovery; Provide equity for the student residences facility. It is anticipated that a special purpose vehicle ("SPV") will be formed and governed by a shareholders agreement, with the University also a shareholder. The SPV will form the primary contracting entity for the delivery of the student residences facility and the vehicle into which equity and sub-debt will be injected. The University envisages entering into a project agreement with the SPV for an operation term of c. 50 years (subject to dialogue) from practical completion; Run a competition to secure the financing for the SPV; Together with the University, procuring a building contractor / contractors for both the residential and academic buildings, as well as public realm (with delivery of residential and academic buildings under two separate contracts). The University reserves the right to modify its requirements within the ambit of the Public Contracts Regulations 2015 as a result of the competitive dialogue process. Further details of this opportunity will be provided at the Supplier day.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7b417e12-57fd-4e75-9d7f-9728183106a4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/749cf8af-e114-4080-919a-246eb599aecf
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

98 - Other community, social and personal services


CPV Codes

98341100 - Accommodation management services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Nov 20178 years ago
Submission Deadline
Not specified
Future Notice Date
23 Feb 2018Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF BRISTOL
Contact Name
Martyn Dean
Contact Email
martyn.dean@bristol.ac.uk
Contact Phone
0117 9546369

Buyer Location

Locality
BRISTOL
Postcode
BS2 8BB
Post Town
Bristol
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
TLK South West (England)

Local Authority
Bristol, City of
Electoral Ward
Central
Westminster Constituency
Bristol Central

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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