--- title: "PQQ Opportunity Joint Venture Partner for the Manydown Project" ocid: "ocds-b5fd17-e3ef0f51-adc9-11e6-9901-0019b9f3037b" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-e3ef0f51-adc9-11e6-9901-0019b9f3037b" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-e3ef0f51-adc9-11e6-9901-0019b9f3037b.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-e3ef0f51-adc9-11e6-9901-0019b9f3037b.json" source: "Contracts Finder" current_stage: "Award" buyer: "BASINGSTOKE & DEANE BOROUGH COUNCIL" published: "2021-11-10" --- # PQQ Opportunity Joint Venture Partner for the Manydown Project Buyer: BASINGSTOKE & DEANE BOROUGH COUNCIL Current stage: Award OCID: ocds-b5fd17-e3ef0f51-adc9-11e6-9901-0019b9f3037b [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-e3ef0f51-adc9-11e6-9901-0019b9f3037b) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-e3ef0f51-adc9-11e6-9901-0019b9f3037b.json) ## Summary The Basingstoke & Deane Borough Council seeks a joint venture partner for the Manydown Project, a significant housing initiative located in the South East of the United Kingdom, covering approximately 843 hectares. This project is poised to deliver up to 7,800 homes in phases, starting with at least 3,200 private and affordable dwellings. The procurement is currently at the award stage, having been finalised on 28 July 2020. This opportunity was initiated under the Public Contract Regulations 2015 using a competitive dialogue procurement method, with the contract period extending until 1 July 2047. This joint venture presents a lucrative opportunity for construction firms, real estate service providers, and companies specialised in architectural and engineering services. Businesses with the capability to contribute financial resources and technical expertise can play a vital role in shaping a high-quality neighbourhood that adheres to 'garden town' principles. This project not only aims to create a sustainable community but also promises potential for long-term financial returns, making it an attractive venture for those looking to expand their service offerings in large-scale development projects. ## Notice Manydown is a government-recognised transformational housing project comprising an area of approximately 843 ha (2,080 acres) west of Basingstoke, which could ultimately see the delivery of 7,800 homes in total in the current local plan period and beyond and is being developed in a manner that is consistent with 'garden town' principles. The initial phases of the Manydown project have been allocated for at least 3,200 (with potential for this to be increased by 10% up to 3,250) private and affordable dwellings in the first phase with the potential to develop a further 4,600 dwellings in future phases, subject to satisfactory performance during phase1, community accommodation together with associated infrastructure and commercial/retail space. Basingstoke and Deane Borough Council and Hampshire County Council ('the councils'), acting as joint land owners, wish to deliver the project in conjunction with a partner through a joint venture arrangement. The partner, or consortium of partners, will bring expertise, creativity and financial resources to the development. The purpose of this opportunity is to find a joint venture partner to enter into a 50/50 joint venture vehicle ('JV'). The selected JV partner will have the financial capability, technical resource and experience to deliver a new neighbourhood of the highest quality. The councils' aim is to incentivise its JV partner to take a long-term approach with strong placemaking at the heart of the delivery strategy. This approach will deliver a high quality new community, whilst also creating value and financial returns. It is envisaged that the councils will participate in the JV through a corporate special purpose vehicle (councils' SPV') . The councils intend to contribute certain land interests to the JV (subject to satisfaction of certain conditions). This procurement process is being conducted in accordance with the Public Contract Regulations 2015 using Competitive Dialogue. The OJEU Contract Notice was notified on 8 July 2016 (temp. TED Ref: 2016-087904). A Prior Information Notice (PIN) was published on 12 May 2016 (S:2016/S 092-165132). The Council is utilising an electronic tendering tool to manage this procurement and communicate with Tenderers. Accordingly, there will be no hard copy documents issued to Tenderers and all communications with the Council, including the submission of Tenderers' Responses, will be conducted via the ProContract system, which can be accessed using the following link: http://sebp.due-north.com Please note expressions of interest must be registered before 11:30:00 Wednesday 24 August 2016. Completed tenders and supporting information should be returned no later than 12:00:00 on Wednesday 24 August 2016. Additional information: The Council is utilising an electronic tendering tool to manage this procurement and communicate with Tenderers. Accordingly, there will be no hard copy documents issued to Tenderers and all communications with the Council, including the submission of Tenderers' Responses, will be conducted via the ProContract system, which can be accessed using the following link: http://sebp.due-north.com Please note expressions of interest must be registered before 11:30:00 Wednesday 24 August 2016. Completed tenders and supporting information should be returned no later than 12:00:00 on Wednesday 24 August 2016. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/0cae40cb-d470-4834-8713-c69e4f56adbf | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Competitive dialogue (above threshold) | | Tender suitability | Not specified | | Awardee scale | SME | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 10 Nov 2021 | | Submission deadline | 24 Aug 2016 | | Future notice date | Not specified | | Award date | 27 Jul 2020 | | Contract period | 27 Jul 2020 - 27 Jul 2035 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | 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 | BASINGSTOKE & DEANE BOROUGH COUNCIL | | Locality | BASINGSTOKE | | Post town | Reading | | Postcode | RG21 4AH | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ3 Hampshire and Isle of Wight | | ITL 3 | TLJ37 North Hampshire | | Local authority | Basingstoke and Deane | | Electoral ward | Eastrop & Grove | | Westminster constituency | Basingstoke | | Delivery location | TLJ South East (England) | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | MANYDOWN INVESTCO | ## CPV Codes ### Divisions - 45 - Construction work - 66 - Financial and insurance services - 70 - Real estate services - 71 - Architectural, construction, engineering and inspection services ### Codes - 45000000 - Construction work - 66100000 - Banking and investment services - 70000000 - Real estate services - 71000000 - Architectural, construction, engineering and inspection services ## Release History - 10 Nov 2021 at 15:14 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/0cae40cb-d470-4834-8713-c69e4f56adbf - 30 Sep 2020 at 14:43 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/0cae40cb-d470-4834-8713-c69e4f56adbf - 18 Nov 2016 at 20:16 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/5e939800-cc04-4c10-90dd-7c1b2b92dfbc ## Documents - https://www.contractsfinder.service.gov.uk/Notice/0cae40cb-d470-4834-8713-c69e4f56adbf 10th November 2021 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/5e939800-cc04-4c10-90dd-7c1b2b92dfbc 12th July 2016 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/8b0ba4e0-013d-4ddd-962f-a772025dc036 PQQ Advert - https://sebp.due-north.com/ Pro Contract South East Business Portal ## Notice URLs - http://sebp.due-north.com - http://www.sebp.due-north.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-e3ef0f51-adc9-11e6-9901-0019b9f3037b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-e3ef0f51-adc9-11e6-9901-0019b9f3037b.json.