Queen Alexandra Hospital, North Car Park, MSCP
Portsmouth Hospitals University NHS Trust ("PHUT") intends to enter into a series of leasing arrangements with Noviniti Dev Co 6 Ltd ("Noviniti") and Engie Services Limited ("Engie") in respect of a new multi-storey car park development ("the Development") at Queen Alexandra Hospital, Portsmouth ("the Hospital") with Engie as Noviniti's initial tenant and the car park operator. The contractual arrangements are structured as a land transaction exempt from the Public Contracts Regulations 2015 (PCR) and the Concessio...
Buyer
Portsmouth Hospitals University NHS Trust
Value
£13,560,000
Published
28 Jun 2021
Closes
28 Jun 2021
Procurement details
Source
Find a Tender
Region
Portsmouth
Procurement method
Limited
Category
Works
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
45000000
Construction work
45213312
Car park building construction work
98351000
Car park management services
Lots
Lot 1 Queen Alexandra Hospital, North Car Park, MSCP
£13,560,000
PHUT now intends to enter into a tripartite Agreement for Underlease with Noviniti and Engie. In this agreement Engie commits to accepting the grant of an 18-year underlease (with rent obligations to Noviniti) on practical completion of the car park. PHUT (as head landlord) will have insurance obligations owed to Engie and a repairing covenant for the car pa...
Delivery: Portsmouth
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