- Type
- award, contract
- Procedure
- Direct award
- Ref. number
- 056785-2026
- Estimated value
- 17,577,346 GBP
Guinness Developments Limited ("GDL") intends to enter into a build contract with Stonebond Properties (Birmingham) Limited. This scheme is a traditional land and build "package" deal brought to GDL by Stonebond, which w…
ill result in the construction of up to 60 homes on land at Corinthian Way, Cheltenham, GL51 6UP. The package deal will comprise the unconditional purchase of land from Stonebond by GDL and simultaneously GDL will enter into a Development Agreement with Stonebond for the construction of the new home
s as an exempt transaction under Procurement Act 2023.
The contracting authority for the build contract under PA2023 will be GDL who are a subsidiary of The Guinness Partnership Limited ("TGPL"). Ownership of the properties will be transfer