# CTP 768 Provision of Specialist Financial Services - Derbyshire Development Company

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [DERBYSHIRE COUNTY COUNCIL](/buyers/derbyshire-county-council/contract-awards)
- Tender value: £40,000
- Published: 18 November 2016
- Planned start: 4 April 2016
- Planned end: 16 May 2016
- Stage: open_tender
- Procurement category: services
- Notice ID: 19626f9f-871e-49e2-9b26-f5091a7b20e9-86398
- OCID: ocds-b5fd17-44ce56f2-adc9-11e6-9901-0019b9f3037b

## Description

By 2018, Derbyshire County Council \(?Council?\) will be getting a third less money from Central Government to run its services, compared to 2013 , with more cuts to follow up to 2020 and possibly beyond\. The Council is seeking to utilise its considerable land assets, to generate a revenue income stream through the establishment of a Derbyshire County Council Development Company, acting within the limitations of the general power of competence \(Localism Act 2011\)\. This is to mitigate the effects of funding cuts and to support the delivery of key services\. The company would be operated and governed as an arm?s length vehicle and develop surplus council property and land assets, for housing for sale or rent, extra care housing, or for commercial and industrial development\. The Council is seeking to structure the company, to allow it to have the flexibility to work in formal partnership, with other public bodies, the private sector and housing providers including Registered Social Landlords \(RSLs\)\. Additional information: As per the original tender documents Within the geographical area of Derbyshire

## Related contract awards

- [PLACE1246ET Heartwood Community Forest - Tree Planting, Maintenance and Fencing](/contracts/ocds-b5fd17-dc744c2c-6537-4e4a-a623-3a6134bb2d9f): Derbyshire County Council
- [PTS274A Home to School Transport](/contracts/ocds-b5fd17-a54a10d7-44a2-4429-8ec7-4833600c0bcf): Derbyshire County Council
- [Hire of front loading JCB 411 with HiTip Bucket with Winter Spec](/contracts/ocds-b5fd17-653bcf57-9e27-46e6-be1f-94803fd1613f): Derbyshire County Council

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/19626f9f-871e-49e2-9b26-f5091a7b20e9-86398)