---
title: "Stock Investment Framework"
ocid: "ocds-b5fd17-9b2e168b-660b-41b0-a41d-3216006c6f27"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-9b2e168b-660b-41b0-a41d-3216006c6f27"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-9b2e168b-660b-41b0-a41d-3216006c6f27.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-9b2e168b-660b-41b0-a41d-3216006c6f27.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "BERNICIA GROUP"
published: "2017-06-08"
---

# Stock Investment Framework

Buyer: BERNICIA GROUP  
Current stage: Tender  
OCID: ocds-b5fd17-9b2e168b-660b-41b0-a41d-3216006c6f27

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## Summary

The Bernicia Group is seeking tenders for a framework agreement titled "Stock Investment Framework," which focuses on construction work for multi-dwelling buildings and individual houses. The procurement is classified under the CPV code 45211000 and is set within the North East region of the United Kingdom. Currently in the tender stage, the deadline for submissions is 5 July 2017. The total value of the works is estimated at £65 million excluding VAT, with the contract period spanning from 1 April 2018 to 31 March 2023. The procurement method is selective, following a restricted procedure.

This tender presents significant opportunities for businesses, particularly in the construction industry, that have experience in property maintenance and improvement projects. Small and medium-sized enterprises (SMEs) are encouraged to apply, as a portion of the work is reserved for newly appointed contractors who will be engaged annually. Businesses specialising in design, construction, and coordination will find this contract particularly suitable, given its focus on enhancing the Bernicia Group's housing stock and maintaining compliant living standards.

## Notice

Framework agreement for the provision of design, co-ordination and construction works relating to planned improvements to the Bernicia Group's housing stock, including maintaining the Decent Homes standard,bringing properties up to the Bernicia Standard and general maintenance / improvements. The programme of works is expected to run from 2018 - 2023 with an approximate value of 65 000 000 GBP excl VAT. Bernicia's Property Maintenance Division (PMD) will deliver approximately 25 000 000 GBP excl VAT of the value of the planned works, with the remaining 40 000 000 GBP proportion of works to be split into 2 geographical lots and delivered by newly appointed contractors. The successful applicants will enter into a framework arrangement with work packages intended to be awarded on an annual basis to each contractor.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c87f762c-f90a-4f57-8c9e-e95368a706e2 |
| Notice type | Tender Notice |
| Procurement type | Framework |
| Procurement category | Works |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 8 Jun 2017 |
| Submission deadline | 5 Jul 2017 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 31 Mar 2018 - 31 Mar 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £20,000,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BERNICIA GROUP |
| Locality | ASHINGTON |
| Post town | Newcastle upon Tyne |
| Postcode | NE63 0XF |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC42 Northumberland |
| Local authority | Northumberland |
| Electoral ward | Seaton with Newbiggin West |
| Westminster constituency | Blyth and Ashington |
| Delivery location | TLC North East (England) |

## CPV Codes

### Divisions

- 45 - Construction work

### Codes

- 45211000 - Construction work for multi-dwelling buildings and individual houses

## Release History

- 8 Jun 2017 at 14:55 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/c87f762c-f90a-4f57-8c9e-e95368a706e2

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/c87f762c-f90a-4f57-8c9e-e95368a706e2
  8th June 2017 - Opportunity notice on Contracts Finder

## Notice URLs

- http://www.bernicia.com

## 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-b5fd17-9b2e168b-660b-41b0-a41d-3216006c6f27. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-9b2e168b-660b-41b0-a41d-3216006c6f27.json.