T22-126BUS Former Lisnagelvin Leisure Centre - Development Opportunity

Concepts

• lisnagelvin leisure centre
• construction work
• derry
• former lisnagelvin leisure centre site
• commercial development
• developer
• appointed developer
• terms of a development agreement
• former lisnagelvin leisure centre - development opportunity
• freehold owner of the site

Location

Description

The Contracting Authority is seeking a developer to develop the former Lisnagelvin Leisure Centre site in Derry/Londonderry. The Contracting Authority is the freehold owner of the site and intends to sell the site by way of long lease to the appointed developer in accordance with and subject to the terms of a development agreement. The Contracting Authority has high aspirations for the site and is specifically seeking proposals for mixed-use commercial development on the site.

CPV Codes

• 45213100 - Construction work for commercial buildings
• 45111000 - Demolition, site preparation and clearance work
• 45210000 - Building construction work
• 45000000 - Construction work

Indicators

• This is a one-off contract (no recurrence)
• Renewals are not available.
• Staff qualifications are relevant.

Other Information

Further information is provided in the associated Information Memorandum. Please refer to CfT documents for further detail ** PREVIEW NOTICE, please check Find a Tender for full details. ** In relation to the estimated value of the contract: The Contracting Authority is intending to dispose of the Lisnagelvin site by way of a long lease. The Contracting Authority is required to ensure a sound financial return on any disposal of the Lisnagelvin site. By way of guidance, the Contracting Authority expects to receive prices well in excess of £600,000 (excluding VAT), which is the minimum acceptable purchase price for the site. No payments of any kind (including for the required demolition works on the site or for any other costs associated with the development of the site) will be made by the Contracting Authority to the appointed developer. The conditional contract period maximum is 36 months + an additional period of time to complete the development in line with the development conditions. The Contracting Authority will not be responsible for any costs, charges or expenses incurred by candidates or tenderers in participating in this competition, including in the event that the competition is abandoned or terminated. At its absolute discretion, the Contracting Authority may elect to terminate this procurement process at any time. Although the envisaged number of candidates to be selected is four, the Contracting Authority reserves the right at its absolute discretion to shortlist fewer or a greater number of candidates for the dialogue stage of the competition.