Source: https://tendernation.io/opportunities/01a13b93-1a96-72f8-aea9-ccc5d1bb809f/joint-venture-for-development-of-multiple-sites-in-bracknell-forest

awarded GB restricted procedure

# Joint Venture for Development of Multiple Sites in Bracknell Forest

[Bracknell Forest Borough Council](https://tendernation.io/buyers/bracknell-forest-borough-council)

Open field

Estimated value

Not stated

Published

8 Jul 2022

Deadline

Rolling deadline

## About this tender

Bracknell Forest Borough Council (the ”Council”) has the ambition of delivering development in Bracknell and beyond. In order to realise this ambition, the Council is seeking to procure a private sector partner (‘PSP’) with whom to establish a 50:50 joint venture (‘JV’) development vehicle.

The JV will be responsible for delivering multiple development schemes throughout Bracknell Forest. The Council will commit sites to the JV for development and may also provide funding via loans or equity contributions. It is anticipated that the PSP will provide funding, services to the JV or directly to the Council. Such services may include (amongst others) construction services and development management services.

The Council intends to create a flexible structure to allow developments to proceed through various delivery methods.

This may include sites being transferred by the Council to the JV or sites being retained by the Council with the JV and/or the PSP providing construction services.

## CPV classification

Real estate services Construction work Development services of real estate Buying and selling of real estate Residential property services Non-residential property services Construction-related services

Source

Find a Tender (UK) · Notice ocds-h6vhtk-035007-2022-07-08T14:22:55+01:00

[View official notice](https://www.find-tender.service.gov.uk/Notice/ocds-h6vhtk-035007-2022-07-08T14:22:55+01:00)

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