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Awarded

Retail and elective hub development

Published

Supplier(s)

Noviniti Dev Co 2

Value

17,000,000 GBP

Description

South Warwickshire University NHS Foundation Trust ("SWFT") intends to enter an option agreement with Noviniti Dev Co 2 Limited ("Noviniti") giving Noviniti the right to call for a ground lease in respect of land at Warwick Hospital ("the Hospital") as the site of a proposed building for intended retail uses and clinical space (“the Potential Development”). It is anticipated that during the option period Noviniti will take steps to identify its initial commercial tenant of the retail space. The contractual arrangements are structured as a land transaction exempt from the Public Contracts Regulations 2015 (“PCR”) and the Concession Contracts Regulations 2016 (“CCR”). Lot 1: SWFT intends to enter into an option agreement for the grant of a ground lease with Noviniti in respect of the site of a proposed building housing retail uses and clinical space at the Hospital. SWFT has structured the contractual arrangements as a land transaction exempt from the Public Contracts Regulations 2015 and the Concession Contracts Regulations 2016.

Timeline

Award date

a year ago

Publish date

a year ago

Buyer information

South Warwickshire NHS Foundation Trust

Contact:
Gaynor McGARRY
Email:
gaynor.mcgarry@swft.nhs.uk

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Notice topics

Construction workConstruction work for commercial buildings

Related topics

Hire of construction and civil engineering machinery and equipment with operatorBuilding completion workBuilding installation workOffice block construction workMarket construction workPost office construction work

Source

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