Industry

16 DEC 2020

PAGABO UNVEIL WINNERS FOR NEW £47BN DEVELOPER-LED FRAMEWORK

Pagabo has announced the 29 firms who have won places on its new £47bn five-and-a-half-year developer-led framework, which went live this week. (15/12/20).

Acting on behalf of Cumbria, Northumberland, Tyne and Wear NHS Foundation Trust, the framework of 29 development companies is capable of providing developer-led schemes within the UK for the UK public sector.

The framework features nine lots covering three contract structures: Property Development via Joint Venture and Special Purpose Vehicle, Long Income Lease and Lease Back, and Property Development Single Site by Development Agreement.

These lots cover a huge variety of development sectors, covering single and multi-occupancy residential and student accommodation, commercial buildings, transport infrastructure and car parks, prisons and high security buildings, education, healthcare, care homes and extra care buildings, and mixed-use schemes.

Each contract structure is separated into three value bands as well as on a sector and regional basis to make sure the relevant developers are available to clients for the right size of project. The value bands are split into three increments and cover developments of up to and above £100m.

Pagabo allowed up to six core companies for each development sector under each lot in every geographical region. In addition to these core companies, three reserve companies have been named to supplement the procurement process in each segment.  

The 29 development companies that have been awarded a place on the new framework (in alphabetical order) are:

  • Argon Property Development Solutions Ltd;
  • Bruntwood;
  • Capital and Centric;
  • Community Development Partnerships;
  • EDAROTH;
  • ENGIE Regeneration;
  • Equitix;
  • Geoffrey Osborne;
  • Godwin Developments;
  • Goldbeck;
  • HBD;
  • Heron Bros;
  • Ion Developments;
  • GRAHAM Cityheart;
  • Kajima Genr8;
  • Kier Property Developments;
  • Lindum Group;
  • LinkCity;
  • McGoff Construction;
  • Morgan Sindall Consortium;
  • Prime;
  • Queensberry Real Estate;
  • Seddon;
  • Sir Robert McAlpine Capital Ventures;
  • Summerhill;
  • VINCI UK Developments;
  • Vistry Partnerships;
  • Willmott Dixon;
  • Yondr Group.

Jason Stapley, managing director at Pagabo, said: “We have been blown away by the phenomenal interest to this new framework from the industry, which speaks to its uniqueness and potential. It will not only save time and effort when procuring a developer but will also save developers a lot of money on opportunity bidding as well – which for some larger development schemes can be more than £1m.

“It’s been clear from recent months that government sees the construction industry as really important to our ‘return to normal’ recovery – particularly when it comes to complex development projects. This new framework will allow developers the ability to procure works through a compliant and simple to use framework, and to support the public sector with vital expansion plans, and to create a more robust sector all round.”

The framework will run for four years with the option to extend for a further 16 months, and is Pagabo’s first framework dedicated to developers. It is available to all public sector bodies including schools, universities, local authorities, police and emergency services, NHS organisations, health and social care providers, and housing associations, as well as central government departments and the Ministry of Defence.

In order to be considered for the framework, providers were required to go through a rigorous OJEU compliant tender process, prove financial suitability and relevant experience. As well as this, providers on Pagabo frameworks are required to share the company’s passion for social value and technology.

This framework launch rounds off a successful 2020 for Pagabo, with the framework provider recently surpassing £3bn in social value enabled via its suite of frameworks, and the launch of the second iterations of its Major Works and Professional Services frameworks earlier in the year.

INDUSTRY NEWS THAT MIGHT INTEREST YOU