Bracknell Forest Borough Council
Joint Venture for Development of Multiple Sites in Bracknell Forest
This is a contract result notice, not an open opportunity. Details from the official award data.
The procurement contact named on the official notice.
Bracknell Forest Borough Council (the ”Council”) has the ambition of delivering development in Bracknell and beyond.
In order to realise this ambition, the Council is seeking to procure a private sector partner (‘PSP’) with whom to establish a 50:50 joint venture (‘JV’) development vehicle.
The JV will be responsible for delivering multiple development schemes throughout Bracknell Forest.
The Council will commit sites to the JV for development and may also provide funding via loans or equity contributions.
It is anticipated that the PSP will provide funding, services to the JV or directly to the Council.
Such services may include (amongst others) construction services and development management services.
The Council intends to create a flexible structure to allow developments to proceed through various delivery methods.
This may include sites being transferred by the Council to the JV or sites being retained by the Council with the JV and/or the PSP providing construction services.
What the notice asks for
The JV will be responsible for delivering
The JV will be responsible for delivering multiple development schemes throughout Bracknell Forest.
The Council will commit sites to
The Council will commit sites to the JV for development and may also provide funding via loans or equity contributions.
It is anticipated that the PSP
It is anticipated that the PSP will provide funding, services to the JV or directly to the Council.
Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.
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- OCID
- ocds-h6vhtk-035007
- Stage
- award · Awarded
- Source
- Find a Tender
- Buyer ref
- 018783-2022
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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