Package Deal at Corinthian Way, Cheltenham
- Published
- 17 June 2026
- Estimated value
- £17,577,346
- Place of performance
- UKK1
- Procedure
- Direct award
- Lots
- 1
- Notice number
- 057298-2026
- Reference
- ocds-h6vhtk-06b644
- Official source
- Official source
CPV codes
- 45210000Building construction work
Description
Guinness Developments Limited (GDL") have awarded a build contract with Stonebond Properties (Birmingham) Limited. This scheme is a traditional land and build "package" brough to GDL by Stonebond, which will result in the construction of up to 60 homes on land at Corinthian Way, Cheltenham, GL51 6UP. The package deal comprises the unconditional purchase of land from Stonebond by GDL and the construction of the new homes as an exempt transaction under Procurement Act 2023. The Contracting Authority will be GDL who are a subsidiary of The Guinness Partnership Limited ("TGPL"). Ownership of the properties will be transferred to TGPL upon practical completion or Golden Brick. Please note that VAT is only payable on the land purchase element of the contract. The build element of the contract is not subject to VAT.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| STONEBOND PROPERTIES (BIRMINGHAM) LIMITED | £17,577,346 | 16 June 2026 |
Official publications
- FTS · 057298-2026 · 17 June 2026
Other tenders from GUINNESS DEVELOPMENTS LIMITED
Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £17,577,346.
- Who is the buyer of this tender?
- The contracting authority is GUINNESS DEVELOPMENTS LIMITED (United Kingdom).
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- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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