Notice Information
Notice Title
Package Deal at Corinthian Way, Cheltenham
Notice Description
Guinness Developments Limited (GDL") have awarded a build contract with Stonebond Properties (Birmingham) Limited. This scheme is a traditional land and build "package" brough to GDL by Stonebond, which will result in the construction of up to 60 homes on land at Corinthian Way, Cheltenham, GL51 6UP. The package deal comprises the unconditional purchase of land from Stonebond by GDL and the construction of the new homes as an exempt transaction under Procurement Act 2023. The Contracting Authority will be GDL who are a subsidiary of The Guinness Partnership Limited ("TGPL"). Ownership of the properties will be transferred to TGPL upon practical completion or Golden Brick. Please note that VAT is only payable on the land purchase element of the contract. The build element of the contract is not subject to VAT.
Procurement Information
The reasons why Guinness Developments Limited considers that this direct award justification applies is because: (a) the Supplier is prepared to sell the land only as part of arrangements that include its development, (b) GDL and Cheltenham Borough Council have significant unmet housing needs in the locality of the development, evidenced through long housing waiting lists, (c) There is no other land on the market which is available for social housing development within reasonable timeframes local to the unmet needs for development.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-06b644
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/057298-2026
- Current Stage
- Award
- All Stages
- Award
Procurement Classification
- Notice Type
- UK6 - Contract Award Notice
- Procurement Type
- Standard
- Procurement Category
- Works
- Procurement Method
- Direct
- Procurement Method Details
- Direct award
- Tender Suitability
- SME
- Awardee Scale
- SME
Common Procurement Vocabulary (CPV)
- CPV Divisions
-
- CPV Codes
45210000 - Building construction work
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- £17,577,346 £10M-£100M
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 17 Jun 20261 weeks ago
- Submission Deadline
- Not specified
- Future Notice Date
- Not specified
- Award Date
- 15 Jun 20261 weeks ago
- Contract Period
- 29 Jun 2026 - 31 Dec 2030 4-5 years
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Pending
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- GUINNESS DEVELOPMENTS LIMITED
- Contact Name
- Available with D3 Tenders Premium →
- Contact Email
- Available with D3 Tenders Premium →
- Contact Phone
- Available with D3 Tenders Premium →
Buyer Location
- Locality
- LONDON
- Postcode
- NW1 3AX
- Post Town
- North West London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI3 Inner London - West
- Small Region (ITL 3)
- TLI36 Camden
- Delivery Location
- Not specified
-
- Local Authority
- Camden
- Electoral Ward
- Regent's Park
- Westminster Constituency
- Holborn and St Pancras
Further Information
Notice Documents
-
https://www.find-tender.service.gov.uk/Notice/057298-2026
17th June 2026 - Contract award notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/056785-2026
16th June 2026 - Transparency notice on Find a Tender
Open Contracting Data Standard (OCDS)
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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