Tender

Borough of Scarborough JV Partnership

SCARBOROUGH BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

TenderUpdate

07 Dec 2021 at 14:06

Tender

10 Nov 2021 at 22:55

Summary of the contracting process

Scarborough Borough Council is currently seeking a strategic development partner for the "Borough of Scarborough JV Partnership" in the real estate services sector. This procurement process, which is at the active tender stage, aims to establish a 30-year corporate joint venture to enhance the quality and availability of affordable housing across Scarborough, North Yorkshire. The total estimated contract value is between £130 million and £3.9 billion. The tender period will close on 13th December 2021, and candidates interested in participating must submit their qualifications electronically. More information can be accessed through the YORtender portal.

This tender presents significant opportunities for businesses engaged in real estate, construction, and related services. Companies with expertise in developing affordable housing, environmentally sustainable practices, or those able to operate within joint venture frameworks would be particularly well-suited to compete. The partnership aims to deliver notable social value, making this an attractive proposition for businesses looking to expand their portfolios and contribute positively to community development in the region.

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Notice Title

Borough of Scarborough JV Partnership

Notice Description

Scarborough Borough Council (the "Council") is committed to increasing the quantum and quality of affordable homes across the Borough. It is therefore seeking a strategic development partner for 30 years to fund, enable, develop, and undertake sales activity across a programme of sites within the Borough, via a 50:50 corporate joint venture ("JV") arrangement. The JV's purpose will be to deliver good quality and environmentally sustainable homes, with a focus on accelerating the provision of affordable housing and generating social value. The Council is proposing 8 Initial Sites from its landholdings portfolio to be committed to the JV from the outset and it may deliver additional Council owned sites through the partnership over its lifetime. The JV could also purchase its own sites from a third party or the JV partner could offer sites to the JV.

Lot Information

Lot 1

The Council is committed to increasing the quantum and quality of affordable homes across the Borough. It is therefore seeking a strategic development partner for 30 years to fund, enable, develop, and undertake sales activity across a programme of sites within the Borough via a 50:50 corporate JV arrangement. The JV's purpose will be to deliver good quality and environmentally sustainable homes, with a focus on accelerating the provision of affordable housing and generating social value. The Council is proposing 8 Initial Sites from its landholdings portfolio to be committed to the JV from the outset (the 'Category A' and Category B' sites) and it may deliver additional Council owned sites through the partnership over its lifetime (the 'Category C' sites). The JV could also purchase its own sites from a third party or the JV partner could offer sites to the JV (the 'Category D' sites). For further information on the initial and further sites, and the approach to their investment/acquisition please refer to the draft procurement documents being released at this stage (specifically the draft Invitation to Submit Detailed Solutions ("ISDS"), which includes Key Principles and draft Contracts, and the Descriptive Document). The estimated contract value of this opportunity is between 130 000 000 GBP and 3.9bn GBP and is based on the estimated gross development value for the 8 Initial Sites ('Category A' and 'Category B' sites) and a reasonable forecast for any 'Category C' and 'Category D' sites that may be delivered by the JV during the term of the Contracts. The range is broken down as follows: the estimated gross development value for the 8 Initial Sites ('Category A' and 'Category B' sites) is between 130 000 000 GBP and 160 000 000 GBP; the estimated gross development value for 'Category C' sites within the existing geographical area of the Council and 'Category D' sites that the JV purchases from a third party or where the JV partner offers sites to the JV is between is between 575 000 000 GBP and 775 000 000 GBP; and the estimated gross development value for 'Category C' and 'Category D' sites within the geographical area of the Council's successor is between 2.8bn GBP and 3.9bn GBP. On 22 July 2021 the Secretary of State for Housing, Communities & Local Government announced, subject to Parliamentary approval, a local government reorganisation for North Yorkshire which will create a single unitary for the whole of the administrative county of North Yorkshire. It is currently understood that the Secretary of State intends around the turn of the year to lay before Parliament the draft Orders which, if approved by Parliament, will give effect to the decision, leading to elections for the unitary council in May 2022 and for the council to be fully up and running from April 2023. It is therefore currently anticipated that, in the event the decision is approved, the relevant Contracts will be entered into by the Council and then they may be novated and/or partnership interest transferred to (as appropriate) the successor body to the Council. All references in this Contract Notice to the Council or its area include, where appropriate and unless the context requires otherwise, references to the Council's successor. All references to the Borough are to the geographical area of the Council or the geographical area of the Council's successor. Further details of this opportunity are set out in the procurement documents. Please see Section V1.3 for details relating to the procurement documents being released at this stage. Additional information: The procurement will be conducted in accordance with the Public Contracts Regulations 2015 as amended, and successor legislation which may follow, using the competitive dialogue procedure as set out in Regulation 30 of the Public Contract Regulations 2015.

Options: See Section II.2.4 for further information on sites.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02f590
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030368-2021
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive dialogue
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

70 - Real estate services

71 - Architectural, construction, engineering and inspection services


CPV Codes

45000000 - Construction work

45211000 - Construction work for multi-dwelling buildings and individual houses

70000000 - Real estate services

70110000 - Development services of real estate

70120000 - Buying and selling of real estate

70331000 - Residential property services

70332000 - Non-residential property services

71500000 - Construction-related services

Notice Value(s)

Tender Value
£3,900,000,000 £1B-£10B
Lots Value
£3,900,000,000 £1B-£10B
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 Dec 20214 years ago
Submission Deadline
13 Dec 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SCARBOROUGH BOROUGH COUNCIL
Contact Name
David Gomersall
Contact Email
david.gomersall@scarborough.gov.uk
Contact Phone
+44 1723232344

Buyer Location

Locality
SCARBOROUGH , NORTH YORKSHIRE
Postcode
YO11 2HG
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)
TLE22 North Yorkshire
Delivery Location
TLE2 North Yorkshire

Local Authority
North Yorkshire
Electoral Ward
Castle
Westminster Constituency
Scarborough and Whitby

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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