Source: https://tendernation.io/opportunities/01a13ba3-8a7f-73aa-82e0-c26ab704a1d3/regenerationmk

awarded GB open procedure

# RegenerationMK

[Milton Keynes City Council](https://tendernation.io/buyers/milton-keynes-city-council)

Pays 99% within 30 days

Estimated value

Not stated

Published

18 Dec 2023

Deadline

Rolling deadline

## Who can bid

- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

## About this tender

Contract value was broken down over the initial five-year term of the TPA and the PPA as follows:

- Repairs and Maintenance (including refurbishment) - GBP 10 to GBP 12 million per annum.
- New Build - GBP 12 to GBP 14 million per annum.
- Share of surplus generated from new build opportunities.

The term of the TPA commenced on 1st April 2016 and expired on 31 March 2021 with an option, at the Council's discretion, to extend for a further period or periods of up to ten years in duration. The term of the PPA also commenced on 1st April 2016 and expired on 31 March 2021 with an option, at the Council's discretion, to extend for a further period or periods of up to ten years in duration.

On 30 September 2020, having exercised its option to extend both contracts, the Authority entered into deeds of variation to the TPA and the PPA to extend the terms of both contracts for a further of three years commencing on 1 April 2021 and ending on 31 March 2024.

## CPV classification

Construction work Building construction work Refurbishment work Repair and maintenance services Property management services of real estate on a fee or contract basis Architectural and related services

Source

Find a Tender (UK) · Notice ocds-h6vhtk-0426aa-2023-12-18T21:02:50Z

[View official notice](https://www.find-tender.service.gov.uk/Notice/ocds-h6vhtk-0426aa-2023-12-18T21:02:50Z)

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