Housing Annuity Leaseback Model Phase 2
Newcastle Council wishes to invite organisations to finance, design and build and fit out new homes on specific sites and to certain standards and specification which the Council will lease back for a set period of time under an Annuity Lease Back Model 'ALBM',. At the end of this period of time all property and assets will revert back to Council ownership. By leasing the properties back to the Council the partner will secure a long term fixed return for the investment. There are 199new homes (including Assisted Li...
Buyer
Newcastle City Council
Value
£22,481,981
Published
30 Oct 2019
Closes
12 Apr 2019
Procurement details
Source
Contracts Finder
Region
United Kingdom
Procurement method
Selective
Category
Works
Contract starts
17 Oct 2019
Contract ends
30 Sept 2024
CPV classifications
45000000
Construction work
Lots
Lot default Housing Annuity Leaseback Model Phase 2
£25,000,000
Newcastle Council wishes to invite organisations to finance, design and build and fit out new homes on specific sites and to certain standards and specification which the Council will lease back for a set period of time under an Annuity Lease Back Model 'ALBM',. At the end of this period of time all property and assets will revert back to Council ownership....
Delivery: North East · United Kingdom, North East, United Kingdom
Documents
Unlock document linkOpportunity notice on Contracts Finder
6 Mar 2019
Opportunity notice on Contracts Finder
Tender notice · Web page
Awarded contract notice on Contracts Finder
30 Oct 2019
Awarded contract notice on Contracts Finder
Award notice · Web page
Contains public sector information licensed under the Open Government Licence v3.0.