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Acquisition of land and associated construction works relating to proposed Becketwell Venue, Colyear Street, Derby

Closed

Submission Deadline Has Passed

This tender's submission deadline has passed and is no longer accepting applications. The information below is kept for reference purposes.

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Deadline
Expired
April 14, 2021
Contract Details
Category
Restricted Procedure
Reference
007848-2021
Value
£45,800,000
Location
West Yorkshire, United Kingdom
Published
April 21, 2026
Organization
Derby City Council
CPV Code
Project Timeline

Tender Published

April 14, 2021

Deadline for Questions

April 07, 2021

Submission Deadline

April 14, 2021

View Original
Budget
£45,800,000
Duration
Not specified
Location
West Yorkshire
Type
Restricted Procedure

Original Tender Description

This notice is to advise that Derby City Council ("the Council") intends to enter into contractual arrangements with SJS (4) Limited and St James Securities Group for the development of a performance venue. The land which is to be the site of the performance venue is owned mainly by SJS(4) Limited and the balance by third parties and which will be purchased by the Council after SJS has satisfied conditions requiring SJS(4) Limited to secure planning permission for the development of the venue, achieve vacant possession and identify an operator for the venue and enter into an agreement for lease with that operator. The Council will also enter into a forward funding agreement under which the Council will provide funding for SJS(4) Limited to carry out demolition and construction at the site and St James Securities Group will act as Guarantor for the obligations of SJS(4) Limited.

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Basic Requirements

  • Company registration in EU required
  • Proven track record in similar projects
  • Financial stability documentation

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