# Options Appraisal for the Formation of a Development Company or Companies

> A sourced UK public sector contract award published by West Lancashire Borough Council.

## Key facts

- Buyer: [West Lancashire Borough Council](/buyers/west-lancashire-borough-council/contract-awards)
- Supplier: [DWF LLP](/suppliers/dwf/public-sector-contract-awards)
- Award value: £18,749
- Award date: 14 April 2017
- Published: 11 July 2017
- Contract start: 18 April 2017
- Contract end: 18 June 2017
- Stage: awarded
- Procurement category: services
- Notice ID: 1ae94d2a-e4fd-4e8f-a95f-a92c2b70f7f4-159462
- OCID: ocds-b5fd17-f36c25dd-64a8-42a9-acc1-b4447bcdbef6

## Description

West Lancashire Borough Council invites tenders for the provision of a detailed appraisal of the options available, including but not limited to the establishment of a Development Company or Companies or hybrid structure\(s\), designed to achieve the objectives summarised below\. The Council has experience of small- and medium-scale development for both commercial and residential purposes and wishes to explore the options for undertaking greater work in these areas to support the Council's priorities and to generate income\. There appear to be significant benefits in meeting its priorities if the Council looks to develop a vehicle that would support construction and development\. The two key aims are: 1\. Speeding up the delivery of new housing and employment developments 2\. Generating a financial return for the Council, whether this be revenue \(including rental income\), or capital, or both\. Further details of the Council's objectives are set out in the tender documents, which can be downloaded from The Chest portal at www\.the-chest\.org\.uk Additional information: Tender documents can be downloaded from The Chest portal at www\.the-chest\.org\.uk

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/1ae94d2a-e4fd-4e8f-a95f-a92c2b70f7f4-159462)