Contract award · 1 Sep 2025

Project Walnut - Subsidy Advice

Homes England (the name adopted by the Homes and Communities Agency) awarded “Project Walnut - Subsidy Advice” to Avison Young for £40,000 on 1 Sep 2025.

Real estate servicesNorth East

Procedure

Procedure as published: Not applicable.

Key facts

Supplier
Avison Young
Value
£40,000
Procedure
Not applicable
Sector
Real estate services · Real estate services (CPV 70000000)
Timeline
  1. Contract date1 Sep 2025
  2. Published1 Sep 2025Published the same day

Description

AY to advise on subsidy control for pricing and the profit waterfall. Work will be split into Phase 1 (initial advice) and Phase 2 (detailed report post-approval).\r \r Benchmarking and review. AY will benchmark pricing across the capital stack using market comparables, review draft HOTs, and support the Q&A process with MGT.\r \r Risk and compliance. The aim is to flag potential issues and propose mitigations, recognising that unlike previous pari passu equity investments, Homes England will be taking a different return to its partner.

About the supplier

Other awards in the same procurement

Call-offs and awards published under the same process (for example a framework or dynamic purchasing system).

Date Contract Supplier Value
1 Sep 2025 Avison Young £40,000

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