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Tenders

Basildon Hospital main entrance and retail facility

Closed
Deadline
Deadline not specified
Contract Details
Category
Restricted Procedure
Reference
025291-2021
Value
£10,650,000
Location
United Kingdom
Published
August 12, 2026
CPV Code
Project Timeline

Tender Published

October 10, 2021

View Original
Budget
£10,650,000
Duration
180 months
Location
United Kingdom
Type
Restricted Procedure

Original Tender Description

Mid and South Essex NHS Foundation Trust ("MSE") has entered into a series of leasing arrangements with Noviniti Dev Co 8 Ltd ("Noviniti") and WHSmith ("WHS") in respect of a retail development ("the Development") at Basildon Hospital, Essex ("the Hospital") with WHS as Noviniti's initial tenant and retail operator. MSE has structured the contractual arrangement as a land transaction exempt from the Public Contracts Regulations 2015 (PCR) and the Concession Contracts Regulations 2016 (CCR). Noviniti has an option to draw down a 35-year ground lease ("GL") of the site in exercise of an option agreement ("OA") with MSE. The GL has break clauses in favour of MSE after 2 years (so MSE can recover the site if the Development is not commenced) and 30 years from practical completion of the Development

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Basic Requirements

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

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