Uplands, Nailsea - Development Procurement
North Somerset Council · South West
Key facts
- Contract value
- £20,400,000
- Awarded
- 21 Jun 2022
- Contract starts
- 17 Jul 2022
- Contract ends
- 17 Jul 2025
- Procedure
- Other -
- Buyer type
- Local government
Awarded to
| Supplier | Value |
|---|---|
| Stonewood Partnerships Ltd | £20,400,000 |
Description
North Somerset Council is seeking to procure a development partner, by way of a concession, to deliver 52 homes on its land south of The Uplands, Nailsea by way of a concession. The site benefits from Full planning consent for a very high quality and sustainable development of 52 homes. The site benefits from the Homes England Local Authority Accelerated Construction Fund (LA-AC) and the One Public Estate Land Release Fund (LRF). This includes £481,028 Land Release Fund grant which will be passed to the successful developer to fund eligible enabling works. The conditions of the funding commitments set out a number of requirements including timely investment in eligible enabling works, the use of Modern Methods of Construction (panelised), the provision of a minimum of 30% affordable housing and delivery of the scheme at an accelerated pace. The council intends to follow a process similar to the Competitive Dialogue procedure. The Concession Contracts Regulations 2016 ("CCR") apply to this scheme. For further details please go to www.supplyingthesouthwest.org.uk to download the tender pack. The council will be using the Homes England building lease. The council will use this competitive process to select a preferred development partner who is able to offer both the quality of scheme and the best consideration in terms of land payment being offered.
Categories (CPV)
- 70000000 Real estate services
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