Contract award · 20 Jan 2025

Project Texas

Loughborough University awarded “Project Texas” to Stoford Loughborough Limited for £4m on 20 Jan 2025. Awarded without open competition.

No competitionReal estate servicesEast Midlands

Awarded without open competition

Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.

What “without competition” means

Key facts

Buyer
Loughborough University · Body governed by public law
Value
£4,000,000
Procedure
Award procedure without prior publication of a call for competition
Sector
Real estate services · Development of non-residential real estate (CPV 70112000)
Timeline
  1. Contract date20 Jan 2025
  2. Published21 Jan 2025Published 1 day after the contract date

Description

The University is to enter into an agreement for lease with Stoford Loughborough Limited (“Stoford”) in respect of land located at the University’s Science and Enterprise Park. The agreement for lease provides for the grant of a 150-year lease to the lessee subject to conditions precedent including, amongst others, the obtaining of planning permission and Stoford entering into an agreement with the lessee whereby the lessee will accept the lease for agreed purposes. These are that Stoford will oversee the construction for the lessee by a building contractor of a new building comprising manufacturing, warehousing, offices, clean room facilities and site-specific infrastructure which will be sub-leased by the lessee to the sub-lessee pursuant to separate arrangements. To allow the new facility to be developed, occupied and accessed, infrastructure (roundabout, spine road and drainage) will be provided on separate land which will continue be owned and occupied by the University.

About the supplier

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