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Invitation to Tender for a Development Opportunity in Warwick District - The land north of Gallows Hill, CV34 6SJ

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Value

6,300,000

Description

A substantial development opportunity was available in Warwick District, for which Warwick District Council was seeking to appoint a developer; both in regard to the provision of a new community stadium and other commercial opportunities. The site holds a central location close to key local employers and a number of local schools, which will include two new schools (one primary and one alternative provision) being delivered by Warwickshire County Council and the Department for Education, at the north side of the site. The scope of the contract was to appoint a development partner to deliver the construction of the community stadium, and additional appropriate development on the stadium site and associated development land and buildings Lot 1: The procurement used the Competitive Dialogue procedure to identify a feasible development proposal for the sites identified within the tender and consequently source the most suitable solution for the Council. Bidders were invited to complete and submit a PAS 91 SSE document which was evaluated to generate a shortlist of potential bidders to invite to tender. Bidders will be considered successful if they meet all of the requirements of the SSQ and receive a score above 60. Shortlisted bidders were invited to submit initial tenders and then progress into Competitive Dialogue discussions. The 'Estimated Contract value' provided in the contract notice was a maximum total value available to bidders towards the project. It is made up of a maximum cash budget of £1m and a potential land transfer value of an estimated £5.3m.

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