Awarded contract

Building construction work

Details

Supplier(s)
Torc Sustainable Housing Ltd
Value
€253,000,000
Duration
27 years
Topic
Construction work
Published
6 December 2019

Tender description

The contract awarded was for the design, build, finance, operation and maintenance of 8 social housing sites located in the counties of Cork, Galway, Clare, Waterford, Roscommon and Kildare. Further information is available in the project information memorandum/pre-qualification questionnaire document as previously issued. The contract value represents the total nominal cost to the state for construction and operations, maintenance, tenancy management, funding and forecast inflation over 25 years. Following on from the prior information notice (‘PIN’) (TED reference 2017/S 232-483182), the National Treasury Management Agency, describing itself as the National Development Finance Agency, acting for and on behalf of the Department of Housing, Planning and Local Government (‘DHPLG’) (as Sanctioning Authority) and Cork County Council (‘CCC’) (as Sponsoring Agency), has awarded a contract for the design, build, finance, operation and maintenance of 8 social housing sites located in the counties of Cork, Galway, Clare, Waterford, Roscommon and Kildare. It was procured under a single PPP contract using the competitive dialogue procedure. The contract was awarded to Torc Sustainable Housing Ltd, a company incorporated in Ireland, on 27.11.2019.

Timeline

  1. Completed: Award date27 November 2019
  2. Completed: Award published6 December 2019
    Current notice
  3. Next: Contract expiry date8 July 2046

About the buyer

National Development Finance Agency is a public sector buyer in Ireland publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

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