Five contractors have been announced as panel members for a brand new framework that will deliver up to £3bn of public sector investment. The Social Infrastructure Development (SID) framework will be used to deliver projects that span the public sector, from schools and housing through to police stations and care homes.
Bouygues, CCG, Morgan Sindall, Wates and Willmott Dixon have been appointed to the framework which went live on 2 April 2015. SID is available to public and third sectors nationally, with projects ranging from £3m – £50m in value.
Led by NPS Property Consultants, SID responds directly to the joint challenge of increased pressure across public services and the growth in surplus assets. SID will be used to design, finance and construct social infrastructure projects funded through the development of land to be transferred to the Framework Members.
Mike Britch, Managing Director of NPS Group said:
“We are delighted to be announcing the contractors appointed to SID, which will deliver up to £3bn of social investment over the next four years. We already have a pipeline of 16 schemes worth around £300m and expect SID to establish itself as the procurement route of choice for both public authorities and charitable bodies looking to develop both assets and services to reflect the needs of their community.”
Cornerstone will provide support to local authorities, charities, and schools as they develop their projects for delivery through the framework. Others in the sector are also invited to support the SID framework in a similar way.
Tim Byles, Chief Executive of Cornerstone said:
“SID marks a new chapter in public sector procurement – for new homes, school places, social care and health care. The framework provides the means to square the circle of increased demands on local services on the one hand, and significant surplus assets that are revenue hungry to maintain on the other. We are delighted to be supporting NPS Property Consultants in bringing to market this exciting new delivery channel.”
Public or charitable bodies wishing to use the SID Framework will identify land for transfer and shape an outline scheme and development brief prior to engaging a Framework Panel Member through a mini competition process. The Framework Panel Member will be offered an option or conditional sale agreement on a site and will then create value by developing and delivering a scheme which incorporates, for example, new build housing, but which also may include delivery of additional public asset/s on other sites remaining in the client’s ownership. This may, for example, include the provision of new school buildings wholly funded by the housing development, or the delivery of wider public benefits, as part of the deal. The Framework Member and the public or charitable sector organisation will also share any additional value created.