Strategic Property Development Partner

Concepts

• urban development
• strategic property development partner
• warwickshire property & development company
• warwick
• warwickshire county council
• property company warwickshire property
• development company
• commercial development
• potential value of the development
• jv partner

Location

The opportunity is focused on development within Warwickshire but may include ancillary development in surrounding areas

Description

Warwickshire County Council ("the Council") and its wholly owned property company Warwickshire Property & Development Company ("WPDC") are seeking a strategic property development partner to fund, develop and undertake sales activity across a programme of schemes primarily throughout Warwickshire via a 50:50 joint venture ("JV") arrangement. The Council is proposing 6 sites from its landholdings portfolio to be committed to the JV from the outset. These sites have the potential to deliver circa 2,000 residential units and associated commercial development. In addition there will be the potential for the Council to offer additional sites to the JV from its significant portfolio. The JV could also purchase its own sites from a third party or the JV partner could offer sites to the JV. Further information and details about the scope of the procurement are set out in the broader procurement suite including appendices which are made available via the link in I.3) (above)

CPV Codes

• 45211360 - Urban development construction work
• 45200000 - Works for complete or part construction and civil engineering work
• 70000000 - Real estate services
• 71000000 - Architectural, construction, engineering and inspection services
• 79418000 - Procurement consultancy services
• 79419000 - Evaluation consultancy services

Indicators

• Bids should cover the whole contract.
• Performance considerations apply.
• Staff qualifications are relevant.
• Award on a basis other than price and quality.

Other Information

The estimated values in II.1.5 and II.2.6 represents the potential value of the development and services. However, potential returns will depend on many commercial factors including (but not limited to) the performance of the developer and market conditions. Bidders should therefore seek independent legal and commercial advice in relation to the potential value of the opportunity. The Concession Contracts Regulation 2016 (CCR 2016) applies to the competition. The Council intends to follow a process similar to the Competitive Dialogue procedure described in the Public Contracts Regulations 2015 (as amended) (PCR 2015) in conducting a multi-stage procedure with the option of reducing the number of bidders to continue negotiations in each stage. However, the Council reserves the right to deviate from the formalities of the PCR 2015 in conducting the competition due to the flexibilities permitted by the CCR 2016. Expressions of interest applications must be by way of completion and return of the selection questionnaire (SQ) (in accordance with the requirements set out in the SQ by the time limit in Section IV.2.2 above). The SQ is available via the link in I.3) (above). Further procurement documents will be provided at the commencement of the tender and negotiation stages to bidders that are shortlisted to participate.