Tender

e-ITT for Consultant advice on investment in Affordable Housing at Welborne Garden Village

FAREHAM BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Tender

10 Oct 2023 at 08:26

Tender Notice
Summary of the contracting process

The Fareham Borough Council has published a tender titled "e-ITT for Consultant advice on investment in Affordable Housing at Welborne Garden Village" under the financial consultancy services category. The tender, valued at £30,000 GBP, follows an open procedure procurement method with a tender period ending on November 10, 2023, and a contract period from December 4, 2023, to February 9, 2024. This opportunity is suitable for SMEs and VCSEs. Interested parties can find more information on Contracts Finder.

This tender by Fareham Borough Council presents an opportunity for businesses offering consultancy services in financial, building, and research and development domains. The joint venture proposal for affordable housing at Welborne Garden Village aims to provide high-level advice on financial implications, key risks, and negotiation support. SMEs and VCSEs with expertise in these areas are encouraged to participate in this open procedure procurement process to support the council's objectives in this venture.

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Notice Information

Notice Title

e-ITT for Consultant advice on investment in Affordable Housing at Welborne Garden Village

Notice Description

The Council has been invited by Welborne Land Limited to form a Joint Venture for the ownership and management of the affordable housing units built by Welborne Land Limited at Welborne Garden Village. The Council wishes to commission high-level advice on this JV proposal, specifically to understand the financial implications and key risks to the Council, and to understand what alternative mechanisms there might be for them to have a role in the ownership and management of the affordable homes at Welborne. The Council also seeks an insight into the advantages to Welborne Land Limited (and the Council) in creating this JV as proposed, and why this is a better alternative for both parties than the straight-forward provision of affordable housing as envisaged in the s106 Agreement. The Council will also require ongoing support and advice in its negotiations with Welborne Land Limited on this matter

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-be80c44c-520c-4c7f-be82-c2b159919fe5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/76209f80-74a9-45eb-a6c7-86c2cc56c85e
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services

73 - Research and development services and related consultancy services

CPV Codes

66171000 - Financial consultancy services

71315200 - Building consultancy services

73200000 - Research and development consultancy services

Notice Value(s)

Tender Value
£30,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Oct 20232 years ago
Submission Deadline
10 Nov 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
4 Dec 2023 - 9 Feb 2024 1-6 months
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
FAREHAM BOROUGH 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
FAREHAM
Postcode
PO16 7AZ
Post Town
Portsmouth
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ35 South Hampshire
Delivery Location
Not specified
Local Authority
Fareham
Electoral Ward
Fareham Town
Westminster Constituency
Fareham and Waterlooville

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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