Source: https://tendernation.io/opportunities/01a13bf3-47e0-7321-93d3-73911f4729df/ctp-768-provision-of-specialist-financial-services-derbyshire-development-comp

closed GB open procedure

# CTP 768 Provision of Specialist Financial Services - Derbyshire Development Company

[Derbyshire County Council](https://tendernation.io/buyers/derbyshire-county-council)

Estimated value

£40,000

Published

2 Feb 2016

Deadline

Closed

22 Feb 2016

## Who can bid

- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.
- Open procedure

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

## About this tender

By 2018, Derbyshire County Council (?Council?) will be getting a third less money from Central Government to run its services, compared to 2013 , with more cuts to follow up to 2020 and possibly beyond.

The Council is seeking to utilise its considerable land assets, to generate a revenue income stream through the establishment of a Derbyshire County Council Development Company, acting within the limitations of the general power of competence (Localism Act 2011). This is to mitigate the effects of funding cuts and to support the delivery of key services. The company would be operated and governed as an arm?s length vehicle and develop surplus council property and land assets, for housing for sale or rent, extra care housing, or for commercial and industrial development. The Council is seeking to structure the company, to allow it to have the flexibility to work in formal partnership, with other public bodies, the private sector and housing providers including Registered Social Landlords (RSLs).

Additional information: As per the original tender documents

Within the geographical area of Derbyshire

## CPV classification

Financial and insurance services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/44ce56f2-adc9-11e6-9901-0019b9f3037b)

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