Construction News
07/09/2020
Pagabo Unveils £47bn Developer-Led Public Sector Framework
National framework provider Pagabo has confirmed that developers can now download tender documents for its new £47 billion developer-led public sector framework.
The framework will run for four years, with the option to extend to a further 16 months to April 2026, and will be open to all public sector bodies including schools, universities, local authorities, police and emergency services, NHS organisations, health and social care providers, housing associations and central government departments.
Jason Stapley, managing director at Pagabo, said: "We 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.
"It's of course been a worrying time for the sector with construction output dropping, but despite the exceptional circumstances we have seen a tremendous amount of access agreements coming through from clients wanting to access our existing frameworks."
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, health, education and mixed-use schemes.
The framework will run for four years, with the option to extend to a further 16 months to April 2026, and will be open to all public sector bodies including schools, universities, local authorities, police and emergency services, NHS organisations, health and social care providers, housing associations and central government departments.
Jason Stapley, managing director at Pagabo, said: "We 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.
"It's of course been a worrying time for the sector with construction output dropping, but despite the exceptional circumstances we have seen a tremendous amount of access agreements coming through from clients wanting to access our existing frameworks."
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, health, education and mixed-use schemes.
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