Planning

Private Sector Investment Solutions for Growth in Long-Term Settled Housing Stock.

CORNWALL COUNCIL

This public procurement record has 2 releases in its history.

Planning

04 Feb 2026 at 14:35

UK2 - Preliminary Market Engagement Notice
Planning

12 Nov 2025 at 09:39

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

This public procurement process, initiated by Cornwall Council, is centred around the project titled "Private Sector Investment Solutions for Growth in Long-Term Settled Housing Stock." The main focus is on the real estate services industry, aiming to deliver up to 350 residential units in Cornwall over a three-year period using private rental and Private Sector Leasing (PSL) models. The process is currently in the planning stage, with key engagement activities such as a second soft market test scheduled to help refine the business case and procurement approach for 2026. The deadline for responding to this market test is set for 27th February 2026, with procurements likely to start on 1st June 2026 and conclude by 30th June 2029.

This initiative represents a substantial opportunity for businesses in the real estate and housing sectors, especially small and medium-sized enterprises (SMEs) and voluntary, community and social enterprises (VCSEs) with capabilities in long-term private rental and leasing models. By participating, businesses can help shape the commercial strategies Cornwall Council will adopt to mitigate homelessness and expand affordable housing. The contract, valued at approximately £750,000, is designed to attract innovative solutions from those proficient in creating and managing housing stock, which could significantly bolster business portfolios and establish a strong foothold in the public sector procurement landscape.

How relevant is this notice?

Notice Information

Notice Title

Private Sector Investment Solutions for Growth in Long-Term Settled Housing Stock.

Notice Description

Cornwall Council seeks private sector partners to deliver up to 350 residential units over three years through long-term private rental and Private Sector Leasing (PSL) models. The initiative aims to mobilise private investment to expand settled and temporary housing stock across Cornwall, supporting homelessness prevention and strategic housing objectives.

Planning Information

Cornwall Council is conducting a second soft market test to further explore private sector investment solutions for increasing long-term settled housing and temporary accommodation stock. This second Soft Market Test is to gather clearer financial, operational, and risk‑sharing information after the first engagement highlighted gaps, especially around delivery models and commercial assumptions, pricing, clearer responsibilities, and evidence on feasibility of the property mix and refurbishment requirements. Participation is voluntary but will directly inform the Council’s 2026 business case and procurement approach. Responses are due via ProContract/email by 17:00 on 27 February 2026 If you are interested in this area of service provision and also helping with our assessment of the market, please find the documentation required using the following link: https://www.supplyingthesouthwest.org.uk/ ref: DN797049 Private Sector Investment Solutions for Growth in Long-Term Settled Housing Stock

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05df36
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010056-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£750,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
4 Feb 20265 days ago
Submission Deadline
Not specified
Future Notice Date
1 Apr 20262 months to go
Award Date
Not specified
Contract Period
31 May 2026 - 30 Jun 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
CORNWALL COUNCIL
Contact Name
Andrew Trout
Contact Email
andrew.trout@cornwall.gov.uk
Contact Phone
+44 1872

Buyer Location

Locality
TRURO
Postcode
TR1 3AY
Post Town
Truro
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK3 Cornwall and Isles of Scilly
Small Region (ITL 3)
TLK30 Cornwall and Isles of Scilly
Delivery Location
TLK3 Cornwall and Isles of Scilly
Local Authority
Cornwall
Electoral Ward
Truro Boscawen & Redannick
Westminster Constituency
Truro and Falmouth

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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