Tender

Island Site, John Dalton Street, Manchester - Procurement of development partner

TAMESIDE METROPOLITAN BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Tender

24 Feb 2017 at 10:27

Tender Notice
Summary of the contracting process

The Tameside Metropolitan Borough Council is currently seeking a development partner for the redevelopment of the Island Site located on John Dalton Street, Manchester. This opportunity falls under the category of non-residential real estate development and is in the tender stage, with a submission deadline of 28 March 2017. The project aims to establish offices on the upper floors and A3 uses on the ground floor, backed by a value of £200,000. The procurement will follow a selective method, specifically a restricted procedure, with the contract period scheduled from 3 July 2017 to 6 July 2020.

This tender provides a significant opportunity for businesses in the real estate and construction sectors, particularly those with experience in joint ventures and development management services. Companies that specialise in collaborative projects or those that can contribute equity towards development costs will be well-suited to compete. The engagement in this project not only enhances portfolio diversity but also offers a chance to contribute to a prominent redevelopment initiative in the North West of England.

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Notice Information

Notice Title

Island Site, John Dalton Street, Manchester - Procurement of development partner

Notice Description

The Contracting Authority wishes to procure a development partner for the proposed redevelopment of the Island Site, John Dalton Street, Manchester. The Contracting Authority is seeking to undertake a redevelopment at the site, which will comprise offices on the upper floors and A3 uses on the ground floor. The development partner will be expected to provide an equity contribution towards the funding of development costs. The Contracting Authority is prepared to provide debt finance to the JV on market terms and is also prepared to match the development partner's equity contribution with its own equity. The Contracting Authority will consider debt to the JV from third party sources. The selected development partner will be required to enter into a joint venture agreement with the Contracting Authority to cover the delivery of the project. The selected development partner will also be required to providedevelopment management services to the joint venture.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f57abd7c-7796-45dc-b82f-7d39fbea09c1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/71274d8d-9459-45a7-9818-a181a7cb714a
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70112000 - Development of non-residential real estate

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
24 Feb 20179 years ago
Submission Deadline
28 Mar 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
2 Jul 2017 - 6 Jul 2020 3-4 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
TAMESIDE METROPOLITAN 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
MANCHESTER
Postcode
M43 6SF
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD35 Greater Manchester South East
Delivery Location
TLD North West (England)
Local Authority
Tameside
Electoral Ward
Droylsden East
Westminster Constituency
Ashton-under-Lyne

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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