Award

Options Appraisal for the Formation of a Development Company or Companies

WEST LANCASHIRE BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

11 Jul 2017 at 13:21

Award Notice
Tender

16 Dec 2016 at 11:24

Tender Notice
Summary of the contracting process

West Lancashire Borough Council is seeking tenders for its project titled "Options Appraisal for the Formation of a Development Company or Companies." This tender process, currently in the Award stage, involves financial consultancy services focused on developing greater capacity for the Council in both commercial and residential developments. The project aims to expedite the delivery of new housing and employment opportunities while generating revenue or capital income for the Council. The tender period concluded on 30 January 2017, with the contract expected to commence on 1 April 2017 and run until 30 June 2017. The work will be delivered in the North West region of England.

This tender presents a significant opportunity for businesses involved in financial consultancy, management consultancy, and related services, particularly those that are small to medium-sized enterprises (SMEs). Companies capable of offering innovative solutions for development structuring or financial management will be well-suited to compete. Such businesses can play a crucial role in helping the Council achieve its objectives of enhancing construction capacity and financial returns, thereby fostering economic growth within the region.

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Notice Information

Notice Title

Options Appraisal for the Formation of a Development Company or Companies

Notice Description

West Lancashire Borough Council invites tenders for the provision of a detailed appraisal of the options available, including but not limited to the establishment of a Development Company or Companies or hybrid structure(s), designed to achieve the objectives summarised below. The Council has experience of small- and medium-scale development for both commercial and residential purposes and wishes to explore the options for undertaking greater work in these areas to support the Council's priorities and to generate income. There appear to be significant benefits in meeting its priorities if the Council looks to develop a vehicle that would support construction and development. The two key aims are: 1. Speeding up the delivery of new housing and employment developments 2. Generating a financial return for the Council, whether this be revenue (including rental income), or capital, or both. Further details of the Council's objectives are set out in the tender documents, which can be downloaded from The Chest portal at www.the-chest.org.uk Additional information: Tender documents can be downloaded from The Chest portal at www.the-chest.org.uk

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f36c25dd-64a8-42a9-acc1-b4447bcdbef6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1ae94d2a-e4fd-4e8f-a95f-a92c2b70f7f4
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

66171000 - Financial consultancy services

79140000 - Legal advisory and information services

79411000 - General management consultancy services

79412000 - Financial management consultancy services

79419000 - Evaluation consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£18,749 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Jul 20178 years ago
Submission Deadline
30 Jan 2017Expired
Future Notice Date
Not specified
Award Date
13 Apr 20178 years ago
Contract Period
17 Apr 2017 - 18 Jun 2017 1-6 months
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
WEST LANCASHIRE 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
ORMSKIRK
Postcode
L39 2DF
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD47 Chorley and West Lancashire
Delivery Location
TLD North West (England)
Local Authority
West Lancashire
Electoral Ward
Ormskirk West
Westminster Constituency
West Lancashire

Supplier Information

Number of Suppliers
1
Supplier Name

DWF

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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