Student Accommodation Contractual Joint Venture

Concepts

• contractual joint venture
• york
• finance and insurance
• student accommodation
• only elements of the tender
• majority of the tender specification
• amount of investment
• value of the return
• early july
• publication of a formal invitation

Location

Description

The purpose of issuing a Prior Information Notice (PIN) first is to identify the appetite for such a partnership in the marketplace and to raise awareness of our intentions. It will allow interested parties to approach the university in readiness for the publication of a formal Invitation to Tender (ITT). It is our expectation that the University will invite bidders to participate in a competitive dialogue, with strictly limited scope for negotiation, from early July 2023. The majority of the tender specification will not be open to discussion, as the requirement, the design and contractor for the work are all well established. The only elements of the tender that will remain open to negotiation will be those which pertain to the amount of investment that the bidder wishes to contribute, the value of the return they expect to receive and the arrangements and timing for exiting the investment.

Total Quantity or Scope

YEAR: 2023/2024; BUDGET: 6,375,000.00 YEAR: 2024/2025; BUDGET: 6,375,000.00

CPV Codes

• 66000000 - Financial and insurance services

Indicators

• Contract is suitable for VCOs.

Other Information

Whilst in-person visits to the site are not mandatory prior to participation, they are highly recommended. Interested parties should contact the University using the email address procurement@yorksj.ac.uk only, with names and roles of attendees and an indication of suitable dates for you to meet with us. This will facilitate the confirmation of availability from key YSJ personal required to attend, when the timing of the visit(s) can be finalised. At this early stage, we would invite interested parties to share with us their views on this proposed approach and any challenges they envisage from the project. We would also invite their views on participating in a project whereby the design is already determined and a preferred contractor is in place. Any other matters of concern should also be raised at this point in the process as this will allow us to mitigate them where we are able, prior to the next stage of the process. Map https://goo.gl/maps/hZj6cHhj1SbALGer7 PIN briefing - Peppermill Court York St John University.docx