Section one: Contracting authority
one.1) Name and addresses
The Borough Council of Pendle
The Town Hall, Market Street
Nelson
BB9 7LG
Contact
Peter Walpole
peter.walpole@star-procurement.gov.uk
Telephone
+44 7875635549
Country
United Kingdom
NUTS code
UKD4 - Lancashire
Internet address(es)
Main address
Buyer's address
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
https://procontract.due-north.com/Advert/Index?advertId=b4fd5d0e-bdf9-eb11-810d-005056b64545
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
one.4) Type of the contracting authority
Regional or local authority
one.5) Main activity
General public services
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Establishment of a Joint Venture Development Company
Reference number
DN560191
two.1.2) Main CPV code
- 45000000 - Construction work
- IA01 - Design and construction
two.1.3) Type of contract
Works
two.1.4) Short description
The Borough Council of Pendle (The Council) is seeking to establish a long term partnership through the creation of a Joint Venture Development Company (JV) with a private sector organisation or consortium to contribute to the regeneration and economic growth of the Borough of Pendle.
It is envisaged that the Council will, where it is applicable and at the agreement of both partners, transfer sites to the JV for development at an independently assessed value.
The initial development opportunities will be in Nelson, in particular the delivery of projects arising from Nelson Town Deal www.nelsontowndeal.co.uk. A Town Investment Plan was submitted in February 2021 to the Ministry of Housing, Communities and Local Government seeking £29.9m of investment with the intention that this would lever in a further £40m from public and private sector sources. A Heads of Terms offer for £25m has now been received and the Council and Town Deal Board are undertaking a process of reviewing the projects in line with the reduced funding.
It is the intention of the Council to work in partnership with the selected development partner to identify further sites or buildings, either in the Council’s ownership, other public sector ownership, or in private ownership, for development across the Borough over the term of the appointment.
The Council expects that the private sector development partner in the JV will be experienced in undertaking a range of regeneration and economic development projects and be capable of offering full design, specification and delivery. Fundamental to the Council’s requirements is that the development partner is capable of investing in the JV to complement the Council’s investment and facilitate the draw down of funding, both from the public and private sector, to provide the financial capacity for projects.
The entire term of the contract is 15 years, split into an 10 year initial period plus an option to extend for a further period of 5 years.
two.1.5) Estimated total value
Value excluding VAT: £200,000,000
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKD4 - Lancashire
Main site or place of performance
Pendle
two.2.4) Description of the procurement
The Borough Council of Pendle (The Council) is seeking to establish a long term partnership through the creation of a Joint Venture Development Company (JV) with a private sector organisation or consortium to contribute to the regeneration and economic growth of the Borough of Pendle.
It is envisaged that the Council will, where it is applicable and at the agreement of both partners, transfer sites to the JV for development at an independently assessed value.
The initial development opportunities will be in Nelson, in particular the delivery of projects arising from Nelson Town Deal www.nelsontowndeal.co.uk. A Town Investment Plan was submitted in February 2021 to the Ministry of Housing, Communities and Local Government seeking £29.9m of investment with the intention that this would lever in a further £40m from public and private sector sources. A Heads of Terms offer for £25m has now been received and the Council and Town Deal Board are undertaking a process of reviewing the projects in line with the reduced funding.
It is the intention of the Council to work in partnership with the selected development partner to identify further sites or buildings, either in the Council’s ownership, other public sector ownership, or in private ownership, for development across the Borough over the term of the appointment.
The Council expects that the private sector development partner in the JV will be experienced in undertaking a range of regeneration and economic development projects and be capable of offering full design, specification and delivery. Fundamental to the Council’s requirements is that the development partner is capable of investing in the JV to complement the Council’s investment and facilitate the draw down of funding, both from the public and private sector, to provide the financial capacity for projects.
The value of the joint venture partnership will be dependent upon the opportunities that arise during its term. The value indicated in this notice is indicative only and is not a guarantee. This indicative value is considered a reasonable estimate of maximum value over the life of the JV.
The entire term of the contract is 15 years, split into an 10 year initial period plus an option to extend for a further period of 5 years.
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.6) Estimated value
Value excluding VAT: £200,000,000
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
180
This contract is subject to renewal
Yes
Description of renewals
The entire term of the contract is 15 years, split into an 10 year initial period plus an option to extend for a further period of 5 years.
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Competitive procedure with negotiation
four.1.4) Information about reduction of the number of solutions or tenders during negotiation or dialogue
Recourse to staged procedure to gradually reduce the number of solutions to be discussed or tenders to be negotiated
four.1.5) Information about negotiation
The contracting authority reserves the right to award the contract on the basis of the initial tenders without conducting negotiations
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.2) Time limit for receipt of tenders or requests to participate
Date
13 September 2021
Local time
5:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: No
six.4) Procedures for review
six.4.1) Review body
High Court
Royal Courts of Justice
The Strand
WC2A 2LL
Country
United Kingdom
six.4.3) Review procedure
Precise information on deadline(s) for review procedures
Contained within the Public Contracts Regulations 2015 (and as amended)