Housing annuity Leaseback Model
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 148 new homes (including Assisted L...
Buyer
Newcastle City Council
Value
£18,503,515
Published
12 Feb 2018
Closes
23 Mar 2017
Procurement details
Source
Contracts Finder
Region
United Kingdom
Procurement method
Selective
Category
Works
Contract starts
3 Jan 2018
Contract ends
30 Aug 2019
CPV classifications
45000000
Construction work
Lots
Lot default Housing annuity Leaseback Model
£18,000,000
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
24 Mar 2017
Opportunity notice on Contracts Finder
Tender notice · Web page
Awarded contract notice on Contracts Finder
12 Feb 2018
Awarded contract notice on Contracts Finder
Award notice · Web page
Contains public sector information licensed under the Open Government Licence v3.0.