Local Plan Viability Study - London Borough of Sutton

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        "title": "Local Plan Viability Study - London Borough of Sutton",
        "description": "The London Borough of Sutton is preparing a new Local Plan. The plan will feature revised planning policies and be supported by an objective and robust evidence base. A key part of the evidence base will be a whole-plan Viability Study, which will directly inform the Council's decisions on the effectiveness of draft strategic policies and site allocations across the borough. The Authority wishes to commission consultants to undertake a whole-plan Viability Study, which will comprise robust assessment of development viability across a range of development site typologies which are expected to come forward over the local plan period. Analysis is expected to include an appraisal of the impacts on viability from key policy criteria targets, for example: affordable housing percentages, biodiversity net gain, and net zero carbon.",
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                    "description": "The project is to prepare and finalise a whole-plan Viability Study to support the preparation of the new Sutton Local Plan. The scope of work is expected to cover the following : Stage One: Initial Scoping initial scoping, in conjunction with the Council, to identify the extent and nature of viability testing required of the Local Plan; initial scoping, in conjunction with the Council, to agree how policy requirements, including affordable housing, biodiversity net gain, net zero carbon and other planning obligations and Community Infrastructure Levy payments (both Mayoral and Sutton), can be optimised by the Council: to consider whether stakeholder involvement would benefit this commission. Stage Two: Viability Testing economic viability assessments of a range of development sites/typologies in different parts of the borough, likely to come forward in the plan period (2024 to 2041). The assessments should be locally appropriate, using Sutton-specific benchmark land values, development costs, sales values, yields etc. The assessments should consider the effect of the policies of the Local Plan as a whole, as agreed through the initial scoping work (consideration will include whether these sites should be indicative or specific sites or a combination of both). Please refer to the specification for full details"
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