Expired contract

Project Walnut - Subsidy Advice

Details

Buyer: Homes England
Supplier(s): Avison Young (UK) Limited)
Value: £40,000
Duration: 3 months
Published: 1 September 2025
Source: uk:procontracts

Tender description

AY to advise on subsidy control for pricing and the profit waterfall. Work will be split into Phase 1 (initial advice) and Phase 2 (detailed report post-approval). Benchmarking and review. AY will benchmark pricing across the capital stack using market comparables, review draft HOTs, and support the Q&A process with MGT. Risk and compliance. The aim is to flag potential issues and propose mitigations, recognising that unlike previous pari passu equity investments, Homes England will be taking a different return to its partner.

Timeline

Completed: Award published1 September 2025
Current notice
Completed: Award date7 September 2025
Completed: Contract expiry date1 December 2025

About the buyer

Homes England is the government's housing and regeneration agency, and buys as a non-departmental public body. Grant funding supports affordable housing development and land regeneration across England outside London. The Greater London Authority leads delivery within the capital too. Procurement decisions sit with regional teams, supported by a corporate procurement office.

A quarterly pipeline lists larger procurements planned for the next 18 months.

Over the past 5 years, most of Homes England's contract awards have been in architectural and engineering services, business services and real estate services.

Decision makers

Connect with the people behind this procurement.

Job title	Phone number	Work email
Head of Procurement	+44 •••• ••••••	••••••••@homes-england.gov
Commercial Director	+44 •••• ••••••	••••••••@homes-england.gov
Procurement Manager	+44 •••• ••••••	••••••••@homes-england.gov
Category Lead	+44 •••• ••••••	••••••••@homes-england.gov
Senior Buyer	+44 •••• ••••••	••••••••@homes-england.gov
Contracts Manager	+44 •••• ••••••	••••••••@homes-england.gov