Student Residences Design, Build, Financing and Operation (DBFO)
This is a contract result notice, not an open opportunity. Details from the official award data.
This is a large award for Construction — above three-quarters of comparable contracts. Based on 64,002 valued Construction tenders in our corpus.
The University is seeking to procure an experienced private sector partner to deliver oncampus student residences at both its Bognor Regis and Chichester campuses under a design, build, finance and operate agreement with an anticipated length of 50 years.
Some existing stock will be transferred to the private sector partner as part of the arrangement.
It is the University's preference that the agreement will deliver an off-balance sheet transaction (or one that has minimal impact on the University's balance sheet).
The University's primary objective is to create new accommodation and to refurbish existing accommodation on both campuses to meet demand but most importantly provide an affordable, high-quality student and living experience.
Full details of the project are contained within the procurement documents.
What the supplier must deliver
The University is seeking to procure
The University is seeking to procure an experienced private sector partner to deliver oncampus student residences at both its Bognor Regis and Chichester campuses under a design, build, finance and operate agreement with an anticipated length of 50 years.
It is the University's preference that
It is the University's preference that the agreement will deliver an off-balance sheet transaction (or one that has minimal impact on the University's balance sheet).
Accommodation on both campuses to meet demand
accommodation on both campuses to meet demand but most importantly provide an affordable, high-quality student and living experience.
Derived from the notice text — always confirm against the original documents.
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