II.2.2) Additional CPV code(s)
09000000
45000000
50700000
50800000
55000000
65000000
66100000
70000000
71200000
71300000
71400000
71500000
71600000
71700000
73100000
73200000
73300000
79900000
II.2.3) Place of performance
NUTS code:
UKC1
II.2.4) Description of the procurement
Durham County Council are seeking a Joint Venture Partner to develop the council owned
Aykley Heads site, as a catalyst for the new Durham Innovation District.
The 15ha site is within single council ownership; has outline planning permission for 39,000
square metres of commercial floorspace for up to 4,000 jobs. It sits within a wider 60ha area of the city that is the emerging Durham Innovation District, encompassing the new University
Business School and Milburngate, a 450,000 sq ft mixed-use development.
Aykley Heads and the Durham Innovation District will provide a platform to maximise the benefits of economic growth. It will identify key areas of opportunity, including research and
advanced manufacturing, green jobs, electronics, digital and creative, fintech, life sciences and satellite applications sectors. Inward investment will also be directly focused on these
specialisms and ecosystems to create sustainable supply chains and jobs across the county and beyond.
This procurement is to appoint a JV partner who will seek to retain a long-term interest in the development beyond the construction phase and has the experience and expertise of
creating, running and managing an Innovation District. This will ensure:
-The partner brings expertise & desire to hold assets over the long term
-A partnership approach which shares risk and reward with partner
-That the council can retain high level of control on programme, use and quality
-Council control can be further protected through phased approach of land transfer in to JV
-The council has the benefit of a partner with long term commitment to the site
-The partner would bring long term management experience and capability
Although the Joint Venture will initially focus on the Aykley Heads location, the JV scope (of goods, works and services) may be expanded in the future to cover wider County Durham
area opportunities in order to support the strategic objectives of the Council and it's Partners.
II.2.5) Award criteria
Cost criterion: Financial
/ Weighting: 20
II.2.11) Information about options
Options:
Yes
Description of options:
The term of the JV is anticipated, and likely be in the region of 15-25 years to deliver the shared Visions and Outcomes but may be subject to extension by mutual consent.
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No