Notice Information
Notice Title
Dacorum Investment Partnership Market Information Pack
Notice Description
There exist several successful Private & Public Sector Investment Partnerships and alternative joint venture models already in place throughout the country. The Council recognises that the exact structure of each of these is often dependent on the parameters of the development opportunities as well as the operating processes and commercial structure of the partners. Therefore, The Council wishes to engage with the market informally, to understand from potential partners, what structure and approach provides an advantageous and robust route to realising the opportunities detailed herein.IMPORTANTThis opportunity does not fall under the remit of the Public Contract Regulations 2015 and will therefore not comply with this legislation. The Council are using it's e-tendering portal to make the market award of this opportunity, but in no way does this attribute this opportunity as being a procurement process.
Lot Information
Lot 1
Dacorum Borough Council (The Council) is ambitious for growth, change and transformation. It is developing a new agenda to address housing need (outlined in the Housing Strategy (2024-2029)current place-related issues and promote and shape new development to secure the Council, and the Borough's, longer-term economic future.The Council holds significant assets. As a stock holding Authority it owns over 10,000 council homes, including 29 supported housing schemes, as well as approximately 700 commercial, civic, cultural and leisure assets. In addition, it owns around 40 car parks, including at strategic sites in Hemel Hempstead town centre and the wider Borough, as well as a garage portfolio across Hemel Hempstead and the Borough, with around 7,000 garage units across circa 700 sites.To support its ambition, the Council is undertaking a Strategic Asset Review, exploring how Council assets can best support the Council's strategic objectives to:* Increase housing supply across affordable housing and other appropriate tenures to meet increasing local housing need;* Deliver wider regeneration and place-making, including the regeneration of key strategic town centre and neighbourhood sites; and* Secure long-term additional income streams to the Council Following a review of potential delivery mechanisms, The Council is considering selection of a Partner to establish a jointly owned 'Dacorum Investment Partnership' (DIP) to progress delivery of these strategic objectives; through both mixed-use town centre regeneration schemes and neighbourhood-based housing development and estate regeneration. Recognising that partnerships can operate in a variety of ways, the purpose of this soft market testing exercise is, firstly, to highlight the upcoming opportunity to the market and secondly, for the Council to better understand the market's appetite to work in partnership with the Council to deliver its strategic aims. The Council is particularly keen to understand what partners can bring to the table and offer.The partnership envisaged would be long-term and flexible, rather than involving a defined number of specific, prescribed schemes. It would seek to capture best practice from successful partnerships already in place involving local authorities and the private sector elsewhere, as well as build upon the work already completed by The Council, to unlock development sites and harness private-sector expertise to create quality-led developments of different tenures to meet the needs of the borough, its residents and growing population. The Council is seeking a partnership which places people at the heart of everything it does and embraces the conditions for trust to develop.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-046ea1
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/017855-2024
- Current Stage
- Planning
- All Stages
- Planning
Procurement Classification
- Notice Type
- Planning Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Not Specified
- Procurement Method Details
- Not specified
- Tender Suitability
- Not specified
- Awardee Scale
- Not specified
Common Procurement Vocabulary (CPV)
- CPV Divisions
70 - Real estate services
-
- CPV Codes
70110000 - Development services of real estate
70111000 - Development of residential real estate
70112000 - Development of non-residential real estate
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 10 Jun 20241 years ago
- Submission Deadline
- Not specified
- Future Notice Date
- 9 Jun 2024Expired
- Award Date
- Not specified
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Planned
- Lots Status
- Planned
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- DACORUM BOROUGH COUNCIL
- Contact Name
- Matt Angus
- Contact Email
- investment.partnership@dacorum.gov.uk
- Contact Phone
- +44 1442228000
Buyer Location
- Locality
- HEMEL HEMPSTEAD
- Postcode
- HP1 1DN
- Post Town
- Hemel Hempstead
- Country
- England
-
- Major Region (ITL 1)
- TLH East (England)
- Basic Region (ITL 2)
- TLH2 Bedfordshire and Hertfordshire
- Small Region (ITL 3)
- TLH27 South West Hertfordshire
- Delivery Location
- TLH23 Hertfordshire CC
-
- Local Authority
- Dacorum
- Electoral Ward
- Hemel Hempstead Town
- Westminster Constituency
- Hemel Hempstead
Further Information
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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