Award of Investment Partnership Call Off Contract for Housing and Commercial Development by South Cambridgeshire District Council
South Cambridgeshire District Council · Awarded contract
AwardedAward of Investment Partnership Call Off Contract for Housing and Commercial Development by South Cambridgeshire District Council
Awarded 20 Sep 2020
Awarded20 Sep 2020
Value£340,000,000.00
RegionEast of England
CategoryPublic Services & Welfare
Ended 2y 2mo ago4y term
Awarded 20 Sept 2020Expired 19 Sept 2024
About
South Cambridgeshire District Council awarded a contract to HILL PARTNERSHIPS PARTNERSHIPS LIMITED and Balfour Beatty Infrastructure Investments Limited for an Investment Partnership Call Off Contract under OJEU 2019/S 034-076867.
The contract established an LLP jointly controlled by the Council and the supplier, governed by a Members Agreement, to identify properties or land for development of new homes and commercial premises.
The partnership aimed to deliver long-term socio-economic benefits and positive financial returns for the Council through future income streams or capital uplifts.
The contract value was £340,000,000.
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Award of Investment Partnership Call Off Contract for Housing and Commercial Development by South Cambridgeshire District Council
Won by HILL PARTNERSHIPS PARTNERSHIPS LIMITED,Balfour Beatty Infrastructure Investments Limited · South Cambridgeshire District Council
£340.0Mawarded
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Principal Contractor for Redevelopment to Construct 33 Affordable Homes – Broxburn Drive, South OckendonConstruction · Closes 4 Dec 2026
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