Pagabo unveils new £47bn developer-led framework

Jason Stapely, managing director at Pagabo, who have unveiled a new £47bn developer-led public land framework.

National framework provider Pagabo has put developers on notice for its new public sector framework worth an estimated £47bn, with a market engagement meeting taking place via Zoom on 30 June.  

The company says its first framework dedicated to developers will help construction return to a boom, allow developers the opportunity to secure new work through compliant procurement and help the NHS and public sector bodies with vital expansion plans.

Acting on behalf of Cumbria, Northumberland, Tyne and Wear NHS Foundation Trust, Pagabo aims to establish a framework of developers capable of providing developer-led schemes within the UK for the whole of the public sector. The framework will cover all types of developer-led schemes within construction and premises. 

The framework will run for four years from September 2020, with the option to extend for a further 18 months to April 2026. It will be open 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.

Jason Stapley, managing director at Pagabo, said: “We have been in consultation with key developers and local authorities since September 2019 and are really pleased to be bringing the first developer-led framework to the market at this time to help public sector bodies procure work with developers that is critical to building a better future. 

“The framework will not only save time and effort when procuring a developer, but will also save developers a lot of money on bidding for opportunities - which for some larger development schemes can be as high as £1m.

“It has of course been a worrying time for the sector, with construction output dropping by record amounts, but despite the exceptional circumstances we have seen a tremendous amount of enquiries still coming through to us from the public sector – showing the vital role that frameworks have on the road to recovery.

“We are listening to our clients and understanding which projects our public sector clients are looking to procure and when. We are sharing that information with our partners, where and when we can, to instil confidence and help them plan for the Covid recovery phase and beyond.”

The framework features three lots: Property Development via Joint Venture (JV) and Special Purpose Vehicle (SPV), Long Income Lease and Lease Back, and Property Development Single Site by Development Agreement. These three lots will cover a huge variety of works including, but not limited to, social housing, commercial buildings, student accommodation, arenas and stadia.

The procurement will involve a single stage process following a public contract regulations 2015 open procedure. Developers are able to register their interest on Pagabo’s tendering portal, with the tender documents due to be published in the week beginning 6 July.

The market engagement meeting for this framework is being held via Zoom on 30 June 2020 between 10am and 12pm, and interested parties can click here to register and attend.

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