Acquisition of land and associated construction works relating to proposed Becketwell Venue, Colyear Street, Derby

A Contract Award Notice
by DERBY CITY COUNCIL

Source: Find a Tender
Type: Contract (Works)
Duration: not specified
Value: £46M

Sector: CONSTRUCTION
Published: 18 May 2021
Delivery: not specified
Deadline: n/a

Concepts

Location

Derby:

Geochart for 1 buyers and 1 suppliers

1 buyer

Derby City Council Derby

1 supplier

St James 4 Leeds

Description

Derby City Council ("the Council") has entered into contractual arrangements with SJS (4) Limited and St James Securities Group for the development of a performance venue. The Council has entered into two principal agreements with SJS(4) Limited: (1) A land sale agreement under which the Council will purchase land from SJS(4) Limited for a value of GBP 561,495 which is to be the main part of the site of the performance venue after SJS has satisfied conditions requiring SJS(4) Limited to secure planning permission for the development of the venue following approval of plans by the Council, achieve vacant possession, obtain relevant indemnity insurances and identify a tenant for the venue. (2) A forward funding agreement under which the Council will provide GBP 45,238,505 funding for SJS(4) Limited to carry out demolition and construction at the site and St James Securities Group will act as Guarantor for the obligations of SJS(4) Limited.

Total Quantity or Scope

The Council intends to acquire a venue which will be suitable to lease to an operating partner for the delivery of performance events with a capacity of approximately 3,500 and a guaranteed annual revenue stream. This will form part of the regeneration of the Becketwell area of Derby. The Council has entered into agreements with SJS(4) Limited under which the Council will acquire land from SJS(4) Limited and the Council and SJS(4) Limited will acquire third party land. SJS(4) Limited will carry out demolition and construction work on the land. … The negotiated procedure without prior publication has been used and is justified under Regulation 32(2)(b)(iii) of the Public Contracts Regulations 2015 for the award of a public works contract for the development of a performance venue. The site to be acquired by the Council meets the Council's requirements from a performance venue and there are no reasonable alternative or substitute development sites. The works can only be carried out by a particular economic operator because of its exclusive rights as landowner of most of the land within the development site.

Award Detail

1	St James 4 (Leeds) Reference: 010952-2021-td1718-1 Value: £45,800,000

Award Criteria

price

CPV Codes

45000000 - Construction work
44000000 - Construction structures and materials; auxiliary products to construction (except electric apparatus)
45212000 - Construction work for buildings relating to leisure, sports, culture, lodging and restaurants

Legal Justification

The negotiated procedure without prior publication is being used and is justified under Regulation 32(2)(b)(iii) of the Public Contracts Regulations 2015 for the award of a public works contract for the development of a performance venue. The site to be acquired by the Council meets the Council's requirements from a performance venue and there are no reasonable alternative or substitute development sites. The works can only be carried out by a particular economic operator because of its exclusive rights as landowner of most of the land within the development site.