# Joint Venture for Development of Multiple Sites in Suffolk

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [Suffolk County Council](/buyers/suffolk-county-council/contract-awards)
- Tender value: £750,000,000
- Published: 10 March 2021
- Planned start: 1 March 2022
- Planned end: 28 February 2037
- Stage: open_tender
- Procurement category: services
- Notice ID: 311cbb15-bc9a-44b4-a1b3-87706065ae6f-418940
- OCID: ocds-b5fd17-a3c35d92-6f15-4cfa-8b72-3cb517d02a19

## Description

Suffolk County Council \(the 'Council'\) has the ambition of delivering residential development in Suffolk\. 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 residential development schemes throughout Suffolk\. 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 and services to the JV\. Such services may include \(amongst others\) construction services and development management services\. Following development, individual residential units or development parcels will be marketed and sold\. Profits from the JV will be distributed to the Council and the PSP based on their equity holdings\. Additional information: This opportunity is available in the \`Current Tenders\` area of www\.suffolksourcing\.uk\. Interested parties are invited to express their interest in order to gain full access to the tender documentation Is a Recurrent Procurement Type? : No

## Related contract awards

- [Provision of Mobile Voice and Data Services\.](/contracts/ocds-b5fd17-781b0ab7-cfc6-4068-9b73-78af3b5e3365): SUFFOLK COUNTY COUNCIL
- [Desk and Visitor Management Services](/contracts/ocds-b5fd17-f1096872-66ea-4ac6-b248-cd55f811c1a7): SUFFOLK COUNTY COUNCIL
- [Coroners case management and workflow system](/contracts/ocds-b5fd17-a3af43a7-0dcc-4fd1-8baa-2132afd7a17e): SUFFOLK COUNTY COUNCIL

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/311cbb15-bc9a-44b4-a1b3-87706065ae6f-418940)