Riverside Joint Venture
Peterborough City Council (‘the Council’) wishes to deliver sustainable regeneration of the Riverside Opportunity Area (‘Riverside’) of the city and intends to appoint a developer/private sector investor (“the Development Partner”) to implement the Council’s vision and strategy for large-scale regeneration of Riverside.
UK-Peterborough: real estate services
Prior information notice
Section I: Contracting authority
Peterborough City Council
Town Hall, Bridge Street
Contact point(s): Strategic Client Services
For the attention of: Tomos Ratcliff
PE1 1HQ Peterborough
Telephone: +44 1733452382
General address of the contracting authority: www.peterborough.gov.uk
Address of the buyer profile: http://peterborough.g2b.info
Further information can be obtained from: The above mentioned contact point(s)
Section II.B: Object of the contract (Supplies or services)
NUTS code UKH11
In order to deliver this vision it is anticipated that a corporate Joint Venture Vehicle (JVV) will be established for a term of approximately 20 years. It is envisaged that the Council and the successful PSP will each invest in and hold a 50 % interest in the JVV and that the revenue created by it will be shared by the Council and the Development Partner.
It is essential that the chosen Development Partner shares the Council’s vision and can demonstrate its long term commitment to the sustainable regeneration of Riverside. The PSP will be expected to provide funding, master planning, development management, marketing and related services and procure works as relevant.
The Council would like to assess the level of private sector interest in potentially providing these services and to consider any additional information that might be provided as part of the Riverside development project proposals.
Estimated cost excluding VAT:
Range: between 100 000 000 and 999 000 000 GBP
This contract is divided into lots: no
70000000, 45000000, 92000000, 65000000, 09000000, 73000000, 79000000, 66000000, 71000000
The Council will be seeking views on a number of issues through the soft market-testing exercise. One item to be explained is whether there would be greater interest from the market if “retail led” stream of opportunities is procured separately from the rest of the residential opportunities.
As and when the market sounding exercise has come to an end, the Council intends to publish any contract opportunity arising in the “Supplement to the Official Journal of the European Communities”. The Council does not have a firm intention to award a contract at this stage.
Organisations that would like to participate in the market sounding exercise are invited to email Angela Tunstall: email@example.com. The closing date for response is 13.11.2012.
There will be an ‘Open Day’ for those who may wish to respond to the questionnaire and obtain detailed information on the Riverside development project proposals on 29.10.2012 at 10 a.m. in the Executive Suite at Peterborough United Football Club, London Road, Peterborough, PE2 8AL. Those wishing to attend should email Jenny Line, firstname.lastname@example.org for further details of the arrangements.
Neither the Council nor any person on whose behalf this soft market questionnaire is undertaken is to be liable for any costs incurred by those wishing to respond to the questionnaire or attend the open day.
Section III: Legal, economic, financial and technical information
Section VI: Complementary information