Contract award · 14 Mar 2023

Union Place, Worthing - commercial joint venture agreement including conditional transfer of land to enable residential-led, mixed-use development as a two-phase scheme.

Worthing Borough Council awarded “Union Place, Worthing - commercial joint venture…” to Roffey Homes Limited for £52m. Awarded without open competition.

No competitionConstruction workSouth West

Value £52m
WinnerRoffey Homes Limited SME

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
Worthing Borough Council · Regional or local authority
Value
£52,000,000
Procedure
Award procedure without prior publication of a call for competition
Sector
Construction work · Construction work (CPV 45000000)
Timeline
  1. Contract date14 Mar 2023
  2. Published16 Oct 2023Published 216 days after the contract date

Description

The JVA will regulate proposed joint ownership of the LLP by CA and Roffey (JVPartner). JVPartner is seeking planning permission for a residential led mixed-use, phased development. CA-owned land at Union Place, Worthing, will transfer to LLP, which (potentially through CA) will also acquire third party Union Place land (CA and third party land together "the Site"). JVPartner may contribute capital, and potentially debt funding, to LLP (CA might also do this), which may also raise third party debt funding. JVPartner doesn't have to do works for/provide services to CA or LLP. In some circumstances if JVPartner doesn't satisfy conditions precedent to enable development, or doesn't develop in a timeframe, CA can acquire JVPartner''s share in the LLP, on agreed terms. JVA will provide, if JVPartner develops the Site, for the Site properties to be sold/disposed of, receipts being distributed between CA and JVPartner.

About the supplier

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