Property Consultancy for Disposal of The Hem Site in Telford
Awarded 15 Feb 2021
About
Homes England (the name adopted by the Homes and Communities Agency) awarded a contract to Lambert Smith Hampton for property professional services to advise on and lead the disposal of The Hem site in Telford via building lease and Homes England's DPP3.
The consultant was tasked with market testing with DPP3 members, reviewing valuation and market assumptions from the masterplan process, and considering the SME market through Expression of Interest and Sifting Brief stages prior to internal approvals.
The commission aimed to procure a development partner to expedite housing delivery, maximise housing delivery, and secure best value while following the outline planning consent and indicative masterplan layout.
Specific provisions included undertaking market testing, advising on third-party land options, supporting approval papers, providing valuation reports, preparing and issuing the Invitation to Tender, managing the disposal process and input from other panel consultants, and leading bid assessments through to unconditional contract stage.
The contract value was £27,500.
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