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Awarded United Kingdom Works

Royal Derby Hospital MSCP

Buyer: University Hospital of Derby and Burton NHS Foundation Trust

Published
7 June 2024
Estimated value
£23,000,000
Place of performance
UKF11
Procedure
Direct award
Lots
1
Notice number
017796-2024
Reference
ocds-h6vhtk-0435e7
Official source
Official source

CPV codes

Description

University Hospitals of Derby and Burton NHS Foundation Trust ("UHDB") has entered into contracts with (1) Noviniti Dev Co 10 Limited ("Noviniti") (2) CP Plus Limited ("CP Plus") in respect of a new multi-storey car park development at Royal Derby Hospital, Derby Hospital ("the Hospital"). The documents executed by UHDB comprise a Principal Agreement for Underlease ("S2AFL") and a Licence for Alterations ("LTA") to be granted to Noviniti to permit Noviniti to undertake the car park works. The completed car park will be leased to CP Plus as the car park operator pursuant to an 'operator lease' granted pursuant to the S2AFL. There is a Deed of Covenant between CP Plus and UHDB in respect of payment of surplus car parking revenue to UHDB and certain circumstances where UHDB will support the rent payable by CP Plus. 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 10 Ltd — —

Official publications

Frequently asked questions

What is the estimated value of this tender?
The estimated value published by the buyer is £23,000,000.
Who is the buyer of this tender?
The contracting authority is University Hospital of Derby and Burton NHS Foundation Trust (United Kingdom).
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Data collected from official public procurement sources. Amounts as published by the buyer.