II.2.2) Additional CPV code(s)
45214700
50700000
70111000
71242000
79930000
98341000
II.2.3) Place of performance
NUTS code:
UKJ2
II.2.4) Description of the procurement
The University will enter Competitive Dialogue with potential private sector partners who are shortlisted following the selection phase of the procurement and have demonstrated that they are able to support the University in a Design, Build, Financing and Operation (DBFO) project.
The University is seeking to select a private sector partner to structure and deliver an off-balance sheet transaction under a long-term concession. Interested parties will be invited to put proposals forward that consider:
1. A stock transfer and refurbishment of existing 593 on-campus beds at the University's Bognor Regis Campus (BRC) and Bishop Otter Campus (BOC)
2. Delivery of a 176-bed new build scheme at the University's Bognor Regis Campus.
3. Delivery of a new c. 266-bed scheme at Havenstoke Close to replace the up to 110 beds lost at BOC and 168 beds lost when the University relinquishes short-term off-campus leases.
4. Subject to commercial viability, retention by the University of all the student facing elements (soft FM, marketing, room booking, allocation, pastoral care, welfare support etc.) of operations and resident experience, such that the University remains the 'front door' for students.
5. Full transfer of demand risk on the student residences to the private sector partner with the University retaining the right to nominate up to 100% of the beds on an annual basis.
6. A rent setting mechanism and consultation process that meets the needs of students and investors, the University's comparator institutions, the local rental market and supports the funding and on/off campus structures.
7. Minimising the impact on the University's balance sheet.
8. Meeting the University's requirements around the design and quality of refurbishments and new build projects, in order to ensure a seamless, consistent approach between on and off- campus beds.
9. If commercially possible (balanced against the University's appetite for risk) delivering a Capital Receipt to the University at Financial Close, within the other constraints and requirements of the Project.
10. The potential to extend the partnership to meet future accommodation requirements. solution
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6) Estimated value
Value excluding VAT:
80 000 000.00
GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 636
This contract is subject to renewal: No
II.2.9) Information about the limits on the number of candidates to be invited
Envisaged number of candidates: 3
II.2.10) Information about variants
Variants will be accepted:
Yes
II.2.11) Information about options
Options:
Yes
Description of options:
The University may wish to retain the option to include future phases as part of this procurement or to restructure the envisaged project.
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
II.2.14) Additional information
Variants include in relation to a bond/income strip funding solution