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Awarded United Kingdom Works

Retail and Elective Hub Development

Buyer: South Warwickshire NHS Foundation Trust

Published
8 November 2023
Place of performance
UKG3
Procedure
Direct award
Lots
1
Notice number
033015-2023
Reference
ocds-h6vhtk-0416b1
Official source
Official source

CPV codes

Description

South Warwickshire University NHS Foundation Trust ("SWFT") intends to enter into contracts with (1) Noviniti Dev Co 2 Limited ("Noviniti") (2) Compass Contract Services (UK) Limited ("Compass") and (3) Compass Group UK & Ireland Limited ("Guarantor") as guarantor of Compass' obligations in relation to a single storey retail and administrative use development ("GFD") at Warwick Hospital ("the Hospital"). The documents to be executed by SWFT comprise a Principal Agreement for Underleases ("S2AFL") and a Licence for Alterations ("LTA") to be granted to Noviniti to permit Noviniti to undertake the GFD . The completed building will be leased to Compass for retail purposes with the remainder of the ground floor (together with the building structure) being underlet to SWFT. The contractual arrangements are structured as a land transaction exempt from the Public Contracts Regulations 2015 and the Concession Contracts Regulations 2016.

Awards

Awarded toAmountDate
Noviniti Dev Co 2 — —

Official publications

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The contracting authority is South Warwickshire NHS Foundation Trust (United Kingdom).
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Data collected from official public procurement sources. Amounts as published by the buyer.