Find a Tender
complete
Official procurement procedure
Queen Alexandra Hospital, North Car Park, MSCP
Car park building construction work
Car park management services
Construction work
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Portsmouth Hospitals University NHS Trust: "Queen Alexandra Hospital, North Car Park, MSCP". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | Portsmouth Hospitals University NHS Trust | Scope & Categories | Not published | Submission Window | complete No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | Not published |
Bidder Intelligence · Authority Profile: Portsmouth Hospitals University NHS Trust
Market Analytics
Derived from OCDS awards & bid statistics
Published history for Portsmouth Hospitals University NHS Trust. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Competition Density
1Bids / Report
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate availablePayment Terms
Check noticePublished terms
Coverage: 5 active published awards; 3 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityPortsmouth Hospitals University NHS Trust | Procedure methodNot published | Procurement categoryNot published |
Statuscomplete | Framework / DPSNot published | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published23 Feb 2021, 17:29 GMT | Last source update23 Feb 2021, 17:29 GMT | Recurring procurementNot published |
ClassificationCar park building construction work, Car park management services, Construction work | ||
Delivery area | ||
OCIDocds-h6vhtk-02958b | ||
What is being bought
Portsmouth Hospitals University NHS Trust ("PHUT") intends to enter into an option agreement and ground lease with Noviniti Dev Co 6 Ltd ("Noviniti") in respect of a new multi-storey car park development at Queen Alexandra Hospital, Portsmouth ("the Hospital"). PHUT has structured the contractual arrangement as a land transaction exempt from the Public Contracts Regulations 2015.
What changed
From the official release history
- Status changed to complete
23 Feb 2021, 17:29 GMT - Official notice release published
23 Feb 2021, 17:29 GMT - Buyer information updated
23 Feb 2021, 17:29 GMT
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedStatus not publishedPublished valueNot publishedPHUT intends to enter into an option agreement and ground lease with Noviniti in respect of a new multi-storey car park development at the Hospital. PHUT has structured the contractual arrangement as a land transaction exempt from the Public Contracts Regulations 2015Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
23 Feb 2021, 17:29 GMT - Award active
Not published · Not published - Contract active
Signed 22 Feb 2021, 00:00 GMT · £9,500,000
Commercial outcome and competition
Awards Noviniti Dev Co 6 Ltd Not published · Not published · active |
Contracts Contract £9,500,000 · signed 22 Feb 2021, 00:00 GMT · active |
Bid statisticsNo aggregate bid statistics published |
Buyer and organisations in this procedure
Portsmouth Hospitals University NHS Trust
Contracting authority GB-FTS-6502Documents (0)
Official links; attachments are not copied
No linked documents are published
Related procedures (0)
No related procedures published
Planning and rationale
Planning budgetNot published |
No-engagement rationaleNot published |
Procedure rationaleThe 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. |