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Upper Trinity Street, Digbeth valuation

2025-02-24

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英语 (English)

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Published date: 24 February 2025

Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.

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Closing: 26 February 2025, 11:59pm

Contract summary

Industry

  • Real estate services - 70000000

  • Location of contract

    England

    Value of contract

    £65,400

    Procurement reference

    HCA001-DN764919-82718803

    Published date

    24 February 2025

    Closing date

    26 February 2025

    Closing time

    11:59pm

    Contract start date

    28 February 2025

    Contract end date

    16 June 2025

    Contract type

    Works

    Procedure type

    Single tender action (below threshold)

    What is a single tender action (below threshold)?

    A direct contract with a single supplier, without competition.

    This procedure can be used for procurements below the relevant contract value threshold.

    Contract is suitable for SMEs?

    No

    Contract is suitable for VCSEs?

    No


    Description

    Red Book valuation provided to Homes England regarding Upper Trinity Street, Digbeth. \r
    \r
    The following scope of reporting requirements includes:\r
    • Draft Red Book Valuation Report with indicative security value\r
    • Completed Red Book Valuation Report for the purpose of security lending\r
    Both reports should include commentary on the following:\r
    • Market value of Phases 2-5 if the property were to be sold today.\r
    • Market Value of the Property (Phases 2-5) both individually and collectively based on the existing planning consent (excluding Phase 1).\r
    • Market Value of the Property (Phases 2-5) both individually and collectively based on the existing planning consent (excluding Phase 1) and a special assumption of receipt of £3.17m grant to the Borrower for abnormal costs incurred related to Phase 1 (further detail to be provided on Instruction).\r
    • Market Value of the Property (Phases 2-5) both individually and collectively based on the existing planning consent (excluding Phase 1) and a special assumption of receipt of £3.17m grant to the Borrower for abnormal costs incurred related to Phase 1 and additional massing (57 dwellings) on Phase 2 through a s73 amendment (supporting documentation to be provided on Instruction).\r
    • Market Value of the Property on the basis of (Phases 2-5) both individually and collectively on the special assumption of a new planning consent, (excluding Phase 1) and receipt of £3.17m grant to the Borrower for abnormal costs incurred related to Phase 1 and additional massing on Phase 2-5 (+303 dwellings includes change of use)


    How to apply

    Follow the instructions given in the description or the more information section.


    About the buyer

    Address

    7th Floor, 10 South Colonnade
    Canary Wharf
    London
    E14 4PU
    England

    Email

    etendering@homesengland.gov.uk


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