Tender

Student Accommodation Contractual Joint Venture

YORK ST JOHN UNIVERSITY

This public procurement record has 4 releases in its history.

TenderAmendment

07 Aug 2023 at 09:13

Tender Notice
TenderAmendment

01 Aug 2023 at 07:56

Tender Notice
Tender

07 Jul 2023 at 16:30

Tender Notice
Planning

31 May 2023 at 09:08

Planned Procurement Notice
Summary of the contracting process

The York St John University is seeking an investment partner through a competitive tender process for a Student Accommodation Contractual Joint Venture project in York, North Yorkshire. The project aims to co-find and construct student accommodation, with a total value of £19.2 million. The procurement method is selective, involving a competitive dialogue process with a deadline for submissions on August 11th, 2023.

This tender opportunity presents a chance for businesses in the financial and insurance services sector to collaborate with the university on a long-term investment project. Businesses capable of contributing to the construction project, managing financial aspects, and seeking beneficial returns would be well-suited for this opportunity. The prescribed procurement method details a competitive dialogue process, limiting negotiation scope but offering opportunities for joint ventures and financial benefits.

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Notice Information

Notice Title

Student Accommodation Contractual Joint Venture

Notice Description

The University is seeking an investment partner to co-fund a new student accommodation construction project in the city of York, North Yorkshire. As well as sharing the financial burden of investing in the project, the partner will share in the longer term income generated by this property. The preferred approach to funding the project is a Contractual Joint Venture (JV), which we consider provides the best balance between cost and benefit whilst remaining affordable and banking covenant compliant. However, this approach would depend upon identifying a suitable and capable partner to collaborate with us in delivering the project on terms to be determined through a competitive tender process. In order to achieve the best overall solution for our requirement, a Selection Questionnaire is first being issued. This is to facilitate the identification of the very best potential bidders, of which it is anticipated that no more than 5 will be invited to progress in the procurement process. Select bidders will then participate in a competitive dialogue, with strictly limited scope for negotiation. The majority of the tender specification will not be open to discussion, as the requirement, the design and contractor for the work are all well established. The only elements of the tender that will remain open to negotiation will be those which pertain to the amount of investment that the bidder wishes to contribute, the value of the return they expect to receive and the arrangements and timing for exiting the investment. All submissions must be sent via email to procurement@yorksj.ac.uk by 17:00 on August 11th to be taken into consideration.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b5c10ecb-3fed-4664-8e39-042a2084c049
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/28cf8723-27f2-48a2-84b8-6b06aefd11ae
Current Stage
Tender
All Stages
Planning, Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive dialogue (above threshold)
Tender Suitability
VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£19,200,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 Aug 20232 years ago
Submission Deadline
11 Aug 2023Expired
Future Notice Date
30 Jun 2023Expired
Award Date
Not specified
Contract Period
15 Oct 2023 - 15 Oct 2028 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
YORK ST JOHN UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
YORK
Postcode
YO31 7EX
Post Town
York
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE2 North Yorkshire
Small Region (ITL 3)
TLE21 York
Delivery Location
TLE Yorkshire and The Humber
Local Authority
York
Electoral Ward
Guildhall
Westminster Constituency
York 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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