Source: https://tendernation.io/opportunities/01a13cbc-401e-718a-a04b-66434ff66a9d/q20548-this-city-investment-partner-approach awarded GB open procedure Suitable for SMEs # Q20548- This City Investment Partner Approach [Manchester City Council](https://tendernation.io/buyers/manchester-city-council) Estimated value £99,500 Published 19 Jul 2023 Deadline Closed 16 Jun 2023 ## Who can bid - Buyer says suitable for SMEs The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid. - Buyer says suitable for VCSEs The buyer ticked “suitable for voluntary, community and social enterprises” on the notice. - 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. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender This City is a housing development company created by Manchester City Council with the aim to accelerate the number of new homes for Manchester people. Schemes developed through This City will focus on high quality, zero-carbon homes and will deliver a mix of accessible rent and market homes. The first development site on Rodney St. in Ancoats is set to deliver 128 new homes and is scheduled to break ground in the summer of 2023. Future ambitions for This City is to scale up and develop 500 new homes a year. To realise the future ambitions, MCC engaged PwC in the summer of 2022 to support and develop an outline Investment Memorandum (IM) with an initial focus to propose a commercial structure to secure an investment partner for This City to develop a group of sites yielding upwards of 1200 new homes referred to as phase 2 development . The initial phase of the IM, completed by PwC, included workshops with MCC councillors and executives to establish and set strategic objectives for partnership, engage with potential partners from different investor profiles to test their appetite to enter a process in principle and propose a commercial structure that aligned with feedback. Following the work in this initial stage, stage 1, a preferred commercial partnership structure was formed that will guide how the investment partnership will be developed in stage 2. This City and its sole shareholder MCC, wish to receive a proposal and quotation to complete two further stages (stage 2 and stage 3) of the IM. Read full description ## CPV classification Business services: law, marketing, consulting, recruitment, printing and security Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/6fbde3ca-2f17-47cb-8996-f5342e3802c4) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. 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