Forward Funding Agreement relating to land at Princes Rock, Embankment Road, Plymouth PL4 9HX
This voluntary notice relates to arrangements governed by a proposed Forward Funding Agreement ("FFA") between the Council and Loc8 Developments (Plymouth 2) Limited ("Developer") in respect of land owned by the Council at Embankment Road, Plymouth and has been issued on that basis that such arrangements fall outside the remit of the Public Contracts Regulations 2015 for the reasons set out under section II.2.4 and Annex D1 of this notice.
Buyer
Plymouth City Council
Value
£13,354,407
Published
8 May 2025
Closes
8 May 2025
Procurement details
Source
Find a Tender
Region
Plymouth
Procurement method
Limited
Category
Services
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
66000000
Financial and insurance services
Lots
Lot 1 Forward Funding Agreement relating to land at Princes Rock, Embankment Road, Plymouth PL4 9HX
£13,354,407
This voluntary ex ante transparency notice relates to arrangements governed by a proposed Forward Funding Agreement ("FFA") between the Council and LOC8 Developments (Plymouth 2) Limited ("Developer") in respect of a site owned by the Council at Embankment Road, Plymouth ("Site"). The Developer has identified an opportunity for a new hotel and three new food...
Delivery: Plymouth
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