United Kingdom-Milton Keynes: Car park building construction work
Voluntary ex ante transparency notice
Section I: Contracting authority/entity
Main address: http://www.milton-keynes.gov.uk
Address of the buyer profile: https://www.mytenders.co.uk/search/Search_AuthProfile.aspx?ID=AA1186
Section II: Object
Disposal of the Car Park at the Agora Shopping Centre Wolverton
Disposal by the authority of the car park at the Agora Shopping Centre, Wolverton, Milton Keynes MK12 5JD, by way of freehold transfer, with simultaneous leaseback by the purchaser from which the authority would grant to the purchaser a building sublease (or license).
Wolverton Milton Keynes UK.
Disposal by the authority of the relevant site by way of freehold transfer, with simultaneous leaseback by the purchaser from which the authority would grant to the purchaser a building sublease (or licence). Such disposal would oblige the purchaser to carry out development works as part of a wider regeneration project. The cost to the purchaser of such wider regeneration potentially has a value which exceeds the threshold for contracts governed by the public contracts regulations 2015. To the extent that the disposal by the authority represents a public contract for the purposes of the public contracts regulations 2015, it would be awarded by means of the negotiated procedure without prior publication.
The disposal of the relevant site has not been completed by the authority at the date of this voluntary ex ante transparency notice. All values stated in this voluntary ex ante transparency notice are provisional.
Section IV: Procedure
The authority's adopted Core Strategy supports the regeneration of Wolverton Town Centre, and the Wolverton Town Centre Neighbourhood Plan identifies the Agora site and the adjacent car park as a priority redevelopment opportunity. Leyland Holding Company Limited owns the Agora Shopping Centre. The car park is owned by the authority and is the subject of a lease in favour of Leyland Holding Company Limited. The purchaser of the car park has signed an exclusivity agreement to purchase the Agora Shopping Centre from Leyland Holdings Company Limited. As the purchaser holds the benefit of an exclusivity agreement to purchase the Agora Shopping Centre from Leyland Holdings Company Limited, the disposal of the car park by the authority as described above to secure the authority's priority of delivery of regeneration in Wolverton can only be to the purchaser: as envisaged by regulation 32(2)(b)(ii) of the public contracts regulations 2015, competition is absent for technical reasons; no reasonable alternative or substitute exists and the absence of competition is not the result of an artificial narrowing down of the parameters of the procurement.
Section V: Award of contract/concession
Section VI: Complementary information
The disposal of 100 000 GBP represents an undervalue of 864 000 GBP. The authority can lawfully dispose of estates or interests it holds in land at an undervalue of no more than 2 000 000 GBP if it can rely on the general consent order made under s.123 Local Government Act 1972. The conditions attached to the proposed disposal are prepared to facilitate such reliance.