United Kingdom - Birkenhead: Architectural, construction, engineering and inspection services

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Prior information notice

This notice is for prior information only

Works

Directive 2014/24/EU

Section I: Contracting authority

I.1)

Name and addresses
Wirral Borough Council
Hamilton Street
Birkenhead
CH41 6BU
United Kingdom
E-mail: tenders@wirral.gov.uk
NUTS code: UKD54

Internet address(es):

Main address: http://www.the-chest.org.uk

Address of the buyer profile: http://www.wirral.gov.uk/

I.2)

Joint procurement

I.3)

Communication
Additional information can be obtained from the abovementioned address

I.4)

Type of the contracting authority
Regional or local authority

I.5)

Main activity
General public services

Section II: Object

II.1)

Scope of the procurement

II.1.1)

Title:

Wirral Growth Company — Property/Asset JV.

Reference number: DN249945

II.1.2)

Main CPV code
71000000

II.1.3)

Type of contract
Works

II.1.4)

Short description:

Wirral Council intends to invite soft market testing responses from companies / organisations with expertise and capability relating to property development and asset maximisation. The procurement is planned to commence in May 2017.

The Council is seeking a partner to join with the Council for a long term (up to 20 years) joint venture and to create a property vehicle (Wirral Growth Company), probably a company or Limited Liability Partnership, to secure the investment, skills and expertise to deliver Wirral's regeneration and Council asset transformation strategy.

The Council will be attending MIPIM Cannes 2017 to explore opportunities with potential partners, which will inform the development of the solution to be procured. Information is available at: www.wirralwellmade.com and expressions of interest to participate in this and any forthcoming soft market testing opportunities and events can be registered by email to: info@wirralwellmade.com.

II.1.5)

Estimated total value
Value excluding VAT: 1 000 000 000.00 GBP

II.1.6)

Information about lots
This contract is divided into lots: no

II.2)

Description

II.2.1)

Title:

II.2.2)

Additional CPV code(s)
45000000
70000000
70110000
70332100
70332200
71310000
71410000
90712100
71200000
71500000
73220000
66100000
66140000

II.2.3)

Place of performance
NUTS code: UKD54

II.2.4)

Description of the procurement:

This project will utilise the Council's assets to drive socio-economic change and maximise the Council's financial return from the disposal of its land and property assets (with a preference to generate secure revenue income streams). The model used is likely to be a joint venture property company (Wirral Growth Company). The property vehicle could take a number of forms and could include a Group structure to ensure that individual developments are facilitated in the most appropriate legal form.

In order to design the procurement, the Council will explore various issues during a soft market testing exercise, including the legal form/structure of the joint venture vehicle (e.g. a company or LLP), the optimum duration of programme, the likely value of the opportunity to the market, the operation and governance of the joint venture, due diligence requirements and the most appropriate procurement procedure. Continues VI.4.3 below.

II.2.14)

Additional information

Please note additional information for this project can be obtained from www.wirralwellmade.com

II.3)

Estimated date of publication of contract notice:
31/05/2017

Section IV: Procedure

IV.1)

Description

IV.1.8)

Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: no

Section VI: Complementary information

VI.3)

Additional information:

The opportunity is a major regeneration and development project to deliver new (or improvements to) office and business developments; retail and leisure developments; infrastructure; housing and residential accommodation; community facilities and to develop the area to encourage businesses to invest in Wirral.

Estimated value range of the eventual procurement may be in the range of: 500 000 000 GBP to 1 000 000 000 GBP (five hundred million to one billion pounds). The estimated value stated on this PIN relates to the estimated gross development value in the market of the developed assets

Please see the MOI for the types of issues the council is seeking to evaluate during soft market testing, when it will test the viability of commercial models to explore possibilities and solutions.

Please see VI.4.3 below for more information.

[The JV may have the flexibility to hold and manage assets for long-term revenue streams which will be explored during the soft market testing phase].

VI.5)

Date of dispatch of this notice:
14/03/2017