CTP 768 Provision of Specialist Financial Services - Derbyshire Development Company
DERBYSHIRE COUNTY COUNCILEstimated Value
Up to £40,000
Deadline
22 February 2016
Published
2 February 2016
Type
services
Overview
By 2018, Derbyshire County Council (?Council?) will be getting a third less money from Central Government to run its services, compared to 2013 , with more cuts to follow up to 2020 and possibly beyond. The Council is seeking to utilise its considerable land assets, to generate a revenue income stream through the establishment of a Derbyshire County Council Development Company, acting within the limitations of the general power of competence (Localism Act 2011).
This is to mitigate the effects of funding cuts and to support the delivery of key services. The company would be operated and governed as an arm?s length vehicle and develop surplus council property and land assets, for housing for sale or rent, extra care housing, or for commercial and industrial development.
The Council is seeking to structure the company, to allow it to have the flexibility to work in formal partnership, with other public bodies, the private sector and housing providers including Registered Social Landlords (RSLs). Additional information: As per the original tender documents Within the geographical area of Derbyshire
Regulations cited
- Localism Act 2011
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Likely incumbents
Suppliers who won similar work from this buyer in the last 5 years.
- 1
Aon UK Ltd t/a Maven Public Sector
1 contract wonlatest 31 Mar 2025£873,880
total awarded
- 2
Zurich Insurance Company Ltd t/a Zurich Municipal
1 contract wonlatest 31 Mar 2025£873,880
total awarded
Aon UK Ltd t/a Maven Public Sector is the most likely incumbent based on recency and category match. To win, bidders typically need a clearly differentiated proposition or a price advantage.
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Buyer Profile
Derbyshire County CouncilKey Dates
Published
2 February 2016
Submission deadline
22 February 2016
Notice type
tender
Source
contracts finder
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