Independent Legal and Financial Advice in Relation to Bournemouth Development Company (BDC)
Details
- Supplier(s)
- Link Group Ltd
- Value
- £14,500
- Published
- 1 March 2024
- Source
- uk:procontracts
Tender description
The Bournemouth Development Company (BDC) is a 50:50 asset backed vehicle partnership between the Council and Muse Places (a Morgan Sindall Group Company). The Council has provided funding in the form of loans to its joint venture to enable the purchase of property for redevelopment and for the demo-lition of the buildings thereon. The Council is considering converting these to an equity investment and is seeking specialist legal and financial advice in relation to the proposed debt to equity conversion. Keywords: Independent Legal and Financial Advice
Timeline
- Completed: Award published1 March 2024Current notice
- Completed: Award date1 March 2024
- Completed: Contract expiry date29 March 2024
About the buyer
Bournemouth Christchurch and Poole Council is a local authority that buys through its Procurement and Contract Management Service, a team of 24 procurement and contract management professionals. Every openly advertised opportunity is published on Find a Tender. Bids are invited through ProContract, where suppliers register to receive notifications and express interest. The team runs a category management approach that gives a cross-council view of every spend area. A searchable contracts register lists awarded contracts, frameworks, concessions and dynamic purchasing systems. Goods, services and works are bought either by invitation to quote or by competitive tender.
UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).
Over the past 5 years, most of Bournemouth Christchurch and Poole Council's contract awards have been in health and social work, IT services and transport equipment.
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@bournemouth-christchurch-and-poole-council.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@bournemouth-christchurch-and-poole-council.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@bournemouth-christchurch-and-poole-council.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@bournemouth-christchurch-and-poole-council.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@bournemouth-christchurch-and-poole-council.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@bournemouth-christchurch-and-poole-council.gov |
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