News

Creating a new Pendleton Housing PFI Scheme

June 2009

Current position:

In March 2009, the five Bidders who were successful at Pre-Qualification stage submitted their Outline Solutions for the Creating a new Pendleton housing PFI scheme. The council, along with the scheme's advisors and resident representatives from the PFI Steering Group, evaluated and scored the Bidders' Outline Solutions.

The three Bidders who were successful at this stage are:

Inspiral Pendleton consisting of Regenter Ltd, Great Places Housing Group, RoK Building Ltd, G&J Seddon Ltd, Countryside Properties plc and LPC Living
Solutions 4 Salford consisting of Gleeson Capital Solutions Ltd, Riverside Group, Equitix Ltd, GB Building Solutions Ltd, Cruden Construction Ltd and Powerminster Gleeson Services Ltd
SP+ consisting of Chevin Housing Association, Bullock Construction and Barratt Homes

Inspiral Pendleton, Solutions 4 Salford and SP+ have now been asked to submit more detailed solutions for Pendleton, which will build upon the Outline Solutions previously submitted.

Milestones

Invitation to Submit Detailed Solutions Start - May 2009

Joint Bidders Surveys May - July 2009

Invitation to Submit Detailed Solutions Submission - November 2009

Selection of 2 Bidders - February 2010

Call for Final Tenders - May 2010

Appointment of Preferred Bidder - September 2010

Financial Close - March 2011