--- title: "Residence Transaction for George Eliot Hall and Rusham Park" ocid: "ocds-b5fd17-4ea3e67c-ddf0-4a45-ba45-eaea6374a0b8" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-4ea3e67c-ddf0-4a45-ba45-eaea6374a0b8" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-4ea3e67c-ddf0-4a45-ba45-eaea6374a0b8.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-4ea3e67c-ddf0-4a45-ba45-eaea6374a0b8.json" source: "Contracts Finder" current_stage: "Award" buyer: "ROYAL HOLLOWAY AND BEDFORD NEW COLLEGE" published: "2024-03-24" --- # Residence Transaction for George Eliot Hall and Rusham Park Buyer: ROYAL HOLLOWAY AND BEDFORD NEW COLLEGE Current stage: Award OCID: ocds-b5fd17-4ea3e67c-ddf0-4a45-ba45-eaea6374a0b8 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-4ea3e67c-ddf0-4a45-ba45-eaea6374a0b8) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-4ea3e67c-ddf0-4a45-ba45-eaea6374a0b8.json) ## Summary The Royal Holloway and Bedford New College has awarded a contract for the Residence Transaction for George Eliot Hall and Rusham Park. The procurement process involved a competitive dialog method with a contract value of £85 million. The tender period ended on 19th February 2021, and the contract is scheduled to start on 1st September 2021, with an end date of 31st August 2074. The procurement stage has been completed, and the contract was awarded to Balfour Beatty Infrastructure Investments Limited. This public procurement opportunity presents a significant project for companies specializing in accommodation management services. Businesses experienced in handling large-scale projects involving design, build, finance, operation, and maintenance can benefit from participating in this tender. Royal Holloway and Bedford New College are seeking a long-term partner to support their growth strategy and accommodate their students' needs, offering a unique opportunity for suitable businesses to contribute to the development of student accommodations. ## Notice Text to be corrected in the original notice: Place of text to be modified: None Instead of: None Read: VII.2)Other additional information: In accordance with regulation 55(1) of the Public Contracts Regulations 2015, Royal Holloway and Bedford New College (also known as Royal Holloway University of London), has taken the decision not to proceed with the Procurement for the following reasons: the financial pressures that the increased costs of borrowing taken together with the increase in construction costs mean that the Project, in its current form, is no longer financially viable for RHUL. Other additional information: In accordance with regulation 55(1) of the Public Contracts Regulations 2015, Royal Holloway and Bedford New College (also known as Royal Holloway University of London), has taken the decision not to proceed with the Procurement for the following reasons: the financial pressures that the increased costs of borrowing taken together with the increase in construction costs mean that the Project, in its current form, is no longer financially viable for RHUL. Royal Holloway and Bedford New College is seeking to enter into a long-term agreement with one partner to support in meeting its growth strategy and accommodation needs of its students. This will involve the potential delivery (design, build, finance, operation and maintenance (soft and hard FM)) of a c.2000 bed student village through a demand risk partnership over one or more phases and shall also include the stock transfer, finance and operation and maintenance (soft and hard FM services) of its existing student accommodation residence, George Eliot Hall. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c5218a14-7c0e-4c4e-a4f8-da6f91ef682f | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Competitive dialog | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 24 Mar 2024 | | Submission deadline | 19 Feb 2021 | | Future notice date | Not specified | | Award date | 19 Feb 2021 | | Contract period | 31 Aug 2021 - 31 Aug 2074 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £85,000,000 | | Lots value | Not specified | | Awards value | £85,000,000 | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Not specified | | Awards status | Active | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | ROYAL HOLLOWAY AND BEDFORD NEW COLLEGE | | Locality | EGHAM, SURREY | | Post town | Twickenham | | Postcode | TW20 0EX | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ2 Surrey, East and West Sussex | | ITL 3 | TLJ25 West Surrey | | Local authority | Runnymede | | Electoral ward | Englefield Green East | | Westminster constituency | Windsor | | Delivery location | TLJ South East (England) | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 3 | | Supplier names | BALFOUR BEATTY INFRASTRUCTURE INVESTMENT; BALFOUR BEATTY INFRASTRUCTURE INVESTMENTS; BALFOUR BEATTY INFRSTRUCTURE INVESTMENTS | ## CPV Codes ### Divisions - 98 - Other community, social and personal services ### Codes - 98341100 - Accommodation management services ## Release History - 24 Mar 2024 at 08:40 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/c5218a14-7c0e-4c4e-a4f8-da6f91ef682f - 2 Apr 2021 at 09:05 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/c5218a14-7c0e-4c4e-a4f8-da6f91ef682f ## Documents - https://www.contractsfinder.service.gov.uk/Notice/c5218a14-7c0e-4c4e-a4f8-da6f91ef682f 24th March 2024 - Awarded contract notice on Contracts Finder - https://www.delta-esourcing.com/delta/respondToList.html?noticeId=582682459 Please follow this link to view the notice. ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-4ea3e67c-ddf0-4a45-ba45-eaea6374a0b8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-4ea3e67c-ddf0-4a45-ba45-eaea6374a0b8.json.