Notice Information
Notice Title
Queen Alexandra Hospital, North Car Park, MSCP
Notice Description
Portsmouth Hospitals University NHS Trust ("PHUT") intends to enter into an option agreement and ground lease with Noviniti Dev Co 6 Ltd ("Noviniti") in respect of a new multi-storey car park development at Queen Alexandra Hospital, Portsmouth ("the Hospital"). PHUT has structured the contractual arrangement as a land transaction exempt from the Public Contracts Regulations 2015.
Lot Information
Lot 1
PHUT intends to enter into an option agreement and ground lease with Noviniti in respect of a new multi-storey car park development at the Hospital. PHUT has structured the contractual arrangement as a land transaction exempt from the Public Contracts Regulations 2015
Procurement Information
The subject of this notice is an agreement to be entered into between PHUT and Noviniti for the grant of an option entitling Noviniti to call for the grant of a 35 years Ground Lease of part of PHUT's freehold land at the Hospital. The area which will be subject to the option is defined within the option agreement and the option period will run for an initial period of 39 weeks (subject to extension). PHUT has had valuation advice and will grant the Ground Lease at a premium which reflects market value If Noviniti exercises the option and calls for the grant of the Ground Lease that Ground Lease will be for a period of up to 35 years. The Ground Lease is subject to break clauses in favour of PHUT after 2 years and again at an agreed date reflecting the 30th anniversary of practical completion of the Potential Development (as defined below) by Noviniti. The Ground Lease anticipates that Noviniti may choose (but with no obligation to do so) to undertake a Permitted Alteration (in accordance with a Licence for Alterations that may be entered into) of a multi-storey car park building at the Hospital (the "Potential Development"). The detail of the Potential Development will have been agreed between PHUT and Noviniti prior to the grant of the option agreement. PHUT has a right to terminate the Ground Lease if Noviniti has not commenced the works comprising the Potential Development by the date 52 weeks after the date of the Ground Lease. PHUT will have obligations to use reasonable endeavours to assist Noviniti in dealing with matters relating to the planning permission for the Potential Development including entering into third party agreements necessary to facilitate the Potential Development. The exercise of the option by Noviniti to call for the Ground Lease does not trigger any obligation on Noviniti to undertake or on PHUT to procure the Potential Development. If Noviniti decides to undertake the Potential Development, (and if PHUT subsequently so decides) Noviniti and PHUT may enter into an agreement for lease providing for the grant by Noviniti of an underlease of the completed development to a third party operator and a reversionary lease to PHUT. If that agreement is reached PHUT anticipates that PHUT, Noviniti and the third party operator will enter into further documents including an agreement for lease, a licence for alterations and underleases of the completed development.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-02958b
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/003619-2021
- Current Stage
- Award
- All Stages
- Award
Procurement Classification
- Notice Type
- Award Notice
- Procurement Type
- Standard
- Procurement Category
- Works
- Procurement Method
- Limited
- Procurement Method Details
- Award procedure without prior publication of a call for competition
- Tender Suitability
- Not specified
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
45 - Construction work
98 - Other community, social and personal services
-
- CPV Codes
45000000 - Construction work
45213312 - Car park building construction work
98351000 - Car park management services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- £9,500,000 £1M-£10M
Notice Dates
- Publication Date
- 23 Feb 20215 years ago
- Submission Deadline
- Not specified
- Future Notice Date
- Not specified
- Award Date
- 22 Feb 20215 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Not Specified
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- PORTSMOUTH HOSPITALS UNIVERSITY NHS TRUST
- Contact Name
- Mark Magrath
- Contact Email
- mark.magrath@porthosp.nhs.uk
- Contact Phone
- +44 07824625139
Buyer Location
- Locality
- PORTSMOUTH
- Postcode
- PO6 3LY
- 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)
- TLJ31 Portsmouth
- Delivery Location
- TLJ31 Portsmouth
-
- Local Authority
- Portsmouth
- Electoral Ward
- Cosham
- Westminster Constituency
- Portsmouth North
Further Information
Notice URLs
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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