Acquisition of land and associated construction works relating to a proposed manufacturing research and development facility at Infinity Park Derby, Derby

A Contract Award Notice
by DERBY CITY COUNCIL

Source
Find a Tender
Type
Contract (Works)
Duration
not specified
Value
£15M
Sector
CONSTRUCTION
Published
26 Aug 2021
Delivery
not specified
Deadline
n/a

Concepts

Location

Derby:

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

The Council is proposing to award a contract to Infinity Park Derby LLP for the purchase of land and the construction of an advanced manufacturing and research centre.

Total Quantity or Scope

The Council intends to enter into agreements under which the Council will acquire through a land sale agreement the freehold of land that forms part of Infinity Park Derby for a value + SDLT of GBP 175,790. The site of the facility to benefit from rights of access and use of adjacent drainage and highway infrastructure. The Council will enter into a development funding agreement under which the Council will provide GBP 15,286,210 funding to carry out construction of the research and development facility at the site and associated infrastructure works with building completion intended by the close of 2022. The agreements are entered into based on exclusive rights of the developer. Additional information: The Council will be observing a 10 day standstill period from the publication of this notice.

Award Detail

1 Infinity Park Derby (Coalville)
  • Acquisition of land and associated construction works relating to a proposed manufacturing research and development facility at Infinity Park Derby, Derby
  • Reference: 021198-2021-td1786-1
  • Value: £15,462,000

CPV Codes

  • 45000000 - Construction work
  • 44000000 - Construction structures and materials; auxiliary products to construction (except electric apparatus)

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** The Council will be observing a 10 day standstill period from the publication of this notice.

Reference

Domains