Investment Partnership Framework Contract with Hill Investment Partnerships and Balfour Beatty Infrastructure Investments Ltd
Cambridgeshire District Councils · Awarded contract
AwardedInvestment Partnership Framework Contract with Hill Investment Partnerships and Balfour Beatty Infrastructure Investments Ltd
Awarded 30 Apr 2019
Awarded30 Apr 2019
Value£340,000,000.00
RegionEast of England
CategoryFinance & Insurance
Ended 5y 6mo ago2y term
Awarded 30 Apr 2019Expired 29 Apr 2021
About
Cambridgeshire District Councils awarded a contract to Hill Investment Partnerships and Balfour Beatty Infrastructure Investments Ltd for an Investment Partnership Framework Contract.
The framework enables joint investment in development opportunities that deliver financial returns.
It was advertised through the Official Journal of the European Union (OJEU) and used the Open Tendering Procedure compliant with the Public Contract Regulations 2015.
The contract started on 1st May 2019, with an initial 2-year term and an option to extend for a further 2 years at the discretion of SCDC.
The framework comprises multiple companies selected based on top scoring against criteria in the ITT, likely 3 or more.
There are no guaranteed volumes or value, but the contract value for OJEU purposes ranges from 0 to £340 million over the entire term.
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Investment Partnership Framework Contract with Hill Investment Partnerships and Balfour Beatty Infrastructure Investments Ltd
Won by Hill Investment Partnerships,Balfour Beatty Infrastructure Investments Ltd · Cambridgeshire District Councils
£340.0Mawarded
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