Sir Robert McAlpine Awarded Place on Pagabo Framework
Sir Robert McAlpine Capital Ventures is amongst the 29 companies that have been awarded a place on Pagabo's new, GBP 47 billionn, developer led framework. Acting on behalf of Cumbria, Northumberland, Tyne and Wear NHS Foundation Trust, national framework provider Pagabo has established a framework of 29 development companies 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 £100 million.
In order to provide greater choice for clients, 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.
Sir Robert McAlpine Capital Venture is amongst the 29 development companies that have been awarded a place on the new framework.