RFP QuestBeta
ClosedStage · contract

Fareham Borough Council

e-ITT for Consultant advice on investment in Affordable Housing at Welborne Garden Village

Financial ServicesCPV 66171000 71315200 73200000
Value£30k
Deadline10 Nov 2023
Published10 Oct 2023
RegionUK-wide
Timeline
Published 10 Oct 2023ClosedCloses 10 Nov 2023
Contract value in context
£30ktotal contract value
median £150k
this tender£0£4.7m

This sits below the typical range for Financial & Insurance Services contracts — a smaller, more accessible award. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

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The brief

The Council has been invited by Welborne Land Limited to form a Joint Venture for the ownership and management of the affordable housing units built by Welborne Land Limited at Welborne Garden Village.

The Council wishes to commission high-level advice on this JV proposal, specifically to understand the financial implications and key risks to the Council, and to understand what alternative mechanisms there might be for them to have a role in the ownership and management of the affordable homes at Welborne.

The Council also seeks an insight into the advantages to Welborne Land Limited (and the Council) in creating this JV as proposed, and why this is a better alternative for both parties than the straight-forward provision of affordable housing as envisaged in the s106 Agreement.

The Council will also require ongoing support and advice in its negotiations with Welborne Land Limited on this matter

Key requirements

What the supplier must deliver

01

The Council will also require ongoing support

The Council will also require ongoing support and advice in its negotiations with Welborne Land Limited on this matter.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
76209f80-74a9-45eb-a6c7-86c2cc56c85e
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
FAR001-DN693673-37079602
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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