Tender: Design, Build, Finance & Operate Affordable Extra Care Housing – Edinburgh House, Cosham (approx. 60 units)

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Portsmouth City Council is seeking a supplier to design, build, finance and operate approximately 60 units of affordable extra care housing on the site of the demolished Edinburgh House Care Home at Sundridge Close, Cosham, Portsmouth PO6 3JL. The successful provider will deliver the development on a DBFO basis but will not be responsible for providing care and support to residents, which will be procured separately. The Council aims to secure a preferred provider by the end of May 2027, will enter an agreement for lease with an initial 12-month term (subject to a 30-month long stop), requires a planning application within six months of that agreement, and expects development to commence within four months of planning permission being clear of judicial review and to be completed within 24 months. The Council will grant a long lease on a peppercorn basis with a minimum term of 40 years and a maximum including extensions of 250 years; the associated nominations agreement will run co-terminus with the lease or the operational life span of the properties. Providers must secure the majority of development funding, though the Council may consider limited capital contributions or underwriting for voids. Procurement will follow the Competitive Flexible Procedure with staged shortlisting, pre-tender dialogue, site visits, interviews and best and final offers according to the published timetable.