Staffordshire University Student Village DBFO Project

Concepts

• staffordshire university
• stoke on trent
• facilities management
• dbfo
• new student village
• operational term of the project
• university's balance sheet
• reputation of the university
• staffordshire university student village dbfo project
• student beds

Location

Stoke-On-Trent:

Description

Staffordshire University (University) would like to procure a private sector partner to deliver its new student village at its campus in Stoke via design, build, finance and operate (DBFO) arrangement (Project). The Project comprises the new build of approximately 700 (and refurbishment of 297) student beds, the construction of a shared hub facility and the subsequent provision of hard facilities management services for an operational period of up to 50 years. The University wants to replace the majority of its residential estate with sector leading, highly sustainable accommodation to create a residential offer with a village feel, in a beautiful green environment. The Project is a vital step in providing the facilities to enhance the attractiveness and reputation of the University, and complement the investment which is transforming its non-residential estate. Further information on the University and the scope of the Project are set out in Section II.2.4 below and the memorandum of information (MOI) forming part of the procurement documents available from the address in Section I.3 above.

Total Quantity or Scope

Enter a description of the object The University is using the competitive dialogue procedure for the Project. It will dialogue with the shortlisted bidders identified following the selection phase based on their relevant experience, expertise and financial standing. The University requires the private sector partner to structure and deliver an off-balance sheet transaction (or one that has minimal impact on the University's balance sheet). The University expects the operational term of the Project to be approximately 50 years, during which the partner will be entitled to earn rental income from the accommodation. The University does not expect a capital receipt to be generated from the Project, but does require any contribution it may need to make to the Project to be kept to a minimum. The University's preference is for the first phase of the new facilities to have been completed ahead of the start of the 2025/26 academic year (subject to any agreed phased delivery of the various individual elements of the Project). In addition, the University will want bidders to develop solutions which address its key objectives for the Project including: 1. Student experience and welfare - The Project will support this through providing new and refurbished housing and associated social and communal space, thus enabling a high-quality, affordable living experience for its students that meets their needs and expectations, now and in the future. 2. Sustainability - The University anticipates that the new and refurbished buildings will be highly sustainable and aspires to target Net Zero Carbon for the new build elements. 3. Design quality - The University is keen to ensure that the quality of the design is a major area of focus throughout the Project. It expects the proposals to contribute towards the quality and setting of the whole of the campus, in order to maintain it as an attractive part of the University’s estate and the neighbourhood. 4. Project affordability - The University is seeking for the Project to be self-financing at relatively affordable student rents. Also see comments above on the provision of a capital receipt. 5. Minimal disruption to students during constriction and refurbishment - The programme should minimise disruption to students and the community. The University’s strong preference is for Clarice Cliff Court to remain operational and available until the equivalent number of new beds are opened, whereupon its refurbishment can begin. 6. Balance sheet treatment – As above, the Project should have minimal impact on the University’s balance sheet and not impede the use of its existing and future borrowing facilities. 7. Long-term partnership - The University is seeking a partner whose values and aspirations are aligned to its own in terms of continually striving to improve the student experience. Further information on the University, the scope and key requirements of the Project are set out in the memorandum of information (MOI) forming part of the procurement documents available from the address in Section I.3 above. You have 10,000 characters available

CPV Codes

• 79993000 - Building and facilities management services
• 45214400 - Construction work for university buildings
• 45214700 - Construction work for halls of residence
• 50700000 - Repair and maintenance services of building installations
• 70111000 - Development of residential real estate
• 71220000 - Architectural design services
• 71242000 - Project and design preparation, estimation of costs
• 98341000 - Accommodation services

Indicators

• Variant bids may be considered.
• This is a one-off contract (no recurrence)
• Renewals are not available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** The estimated value of the contract set out in Section II.1.5 is based on the estimated total development costs for the Project plus the estimated net present value of hard FM service costs (excluding lifecycle). In addition, there are other operating costs which have also been estimated at a net present value of approximately £30m relating to the provision of soft FM services, IT, insurance and utilities. These values are the best estimate of the maximum value of the contract calculated by the University as at the date of this notice based on its own modelling and a set of baseline assumptions based on the scope of the Project.