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Expired contract

Investment Partnership Contract

Details

Buyer
South Cambridgeshire District Council
Supplier(s)
HILL PARTNERSHIPS PARTNERSHIPS LIMITED, Balfour Beatty Infrastructure Investments Limited
Value
£340,000,000
Duration
4 years
Topic
Real estate services
Published
2 October 2020
Source
uk:contracts_finder

Tender description

This notice is to formally confirm the award of a Call off Contract under OJEU 2019/S 034-076867 for Investment Partnership Framework Contract. The objective of the Investment Partnerships Call Off Contract is to establish an entity (formed as an LLP jointly controlled by South Cambridgeshire District Council and the supplier and subject to a form of Members Agreement constituting the Call Off contract)) for the identification of properties or land for development of new homes and commercial premises. These opportunities may deliver long-term socio -economic benefits as well as positive financial returns for the Council in the form of future income streams or capital uplifts.

Timeline

  1. Award date11 September 2020
  2. Award published2 October 2020
    Current notice
  3. Contract expiry date20 September 2024

About the buyer

South Cambridgeshire District Council is a local authority serving villages and market towns around Cambridge. Contracts are often let jointly with Cambridge City Council and Huntingdonshire District Council, sharing scale across the three authorities. Framework agreements cover recurring needs such as agency staff, with multiple suppliers appointed to each category. A procurement, contracts and accounts payable team runs the buying process and guides suppliers through tendering.

Over the past 5 years, most of South Cambridgeshire District Council's contract awards have been in architectural and engineering services, business services and real estate services.

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Decision makers

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