Queen Alexandra Hospital, North Car Park, MSCP

CPV: Car park building construction work · Car park management services · Construction work

Procedure method

Award procedure without prior publication of a call for competition

Legal basis

CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)

Procurement category

Works

Notice status

Awarded without competition

Procurement threshold

Unspecified in notice

Regulatory regime

Standard

Commercial structure

Stand-alone contract (no framework)

Competition type

Direct award (no call for competition)

GPA / WTO covered

Unspecified in notice

Recurring procurement

Unspecified in notice

First published

23 Feb 2021, 17:29 GMT

Last source update

23 Feb 2021, 17:29 GMT

FTS notice number

2021/S 000-003619

Classification (CPV)

Car park building construction workCar park management servicesConstruction work

Delivery area

South East (UKJ31)

Official registry OCID

ocds-h6vhtk-02958b Find a Tender

Why no open competition

The procurement falls outside the scope of application of the directive

Published justification

The subject of this notice is an agreement to be entered into between PHUT and Noviniti for the grant of an option entitling Noviniti to call for the grant of a 35 years Ground Lease of part of PHUT's freehold land at the Hospital.

The area which will be subject to the option is defined within the option agreement and the option period will run for an initial period of 39 weeks (subject to extension).

PHUT has had valuation advice and will grant the Ground Lease at a premium which reflects market value

If Noviniti exercises the option and calls for the grant of the Ground Lease that Ground Lease will be for a period

of up to 35 years. The Ground Lease is subject to break clauses in favour of PHUT after 2 years and again at an agreed date reflecting the 30th anniversary of practical completion of the Potential Development (as defined below) by Noviniti.

The Ground Lease anticipates that Noviniti may choose (but with no obligation to do so) to undertake a Permitted Alteration (in accordance with a Licence for Alterations that may be entered into) of a multi-storey car park building at the Hospital (the "Potential Development").

The detail of the Potential Development will have been agreed between PHUT and Noviniti prior to the grant of the option agreement. PHUT has a right to terminate the Ground Lease if Noviniti has not commenced the works comprising the Potential Development by the date 52 weeks after the date of the Ground Lease.

PHUT will have obligations to use reasonable endeavours to assist Noviniti in dealing with matters relating to the planning permission for the Potential Development including entering into third party agreements necessary to facilitate the Potential Development.

The exercise of the option by Noviniti to call for the Ground Lease does not trigger any obligation on Noviniti to undertake or on PHUT to procure the Potential Development. If Noviniti decides to undertake the Potential Development, (and if PHUT subsequently so decides) Noviniti and PHUT may enter into an agreement for lease providing for the grant by Noviniti of an underlease of the completed development to a third party operator and a reversionary lease to PHUT. If that agreement is reached PHUT anticipates that PHUT, Noviniti and the third party operator will enter into further documents including an agreement for lease, a licence for alterations and underleases of the completed development.

• Noviniti Dev Co 6 LtdAwarded supplier The Stables, Churchfield Farm, Harley Way, Oundle, Peterborough, UK, PE8 5AUContact emailShow contact details

No document links were published on the notice.