Strategic Partner to Deliver Land Regeneration Adjacent to Victoria Hall in Settle and Other Development Opportunities
This is a large award for Construction — above three-quarters of comparable contracts. Based on 64,002 valued Construction tenders in our corpus.
Craven District Council has identified an opportunity to establish a strategic developer partnership arrangement to lead, guide, influence and develop opportunities to secure long lasting and sustainable regeneration in the District.
The Council has ambitious plans to regenerate areas of Craven.
It is proposed that a Special Purpose Vehicle will be established between the Council and a Private Sector Partner to which the Council will initially commit a site which will be the focus of the initial development.
Thereafter, the Council will work in partnership with the preferred Developer to identify development opportunities within Craven.
The successful tenderer is expected to enter into a long-term arrangement with the Council and provide funding, wider development management experience and related services as relevant.
The partner(s) will be expected to utilise their expertise, funding and resources to take forward, develop and potentially manage any opportunities committed to the SPV by the Council.
What the supplier must deliver
The successful tenderer is expected to enter
The successful tenderer is expected to enter into a long-term arrangement with the Council and provide funding, wider development management experience and related services as relevant.
The partner(s) will be expected to utilise
The partner(s) will be expected to utilise their expertise, funding and resources to take forward, develop and potentially manage any opportunities committed to the SPV by the Council.
Derived from the notice text — always confirm against the original documents.
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