AwardedAwarded 16 June 2026

Package Deal at Corinthian Way, Cheltenham

Guinness Developments Limited · Public body

In brief

Guinness Developments Limited awarded construction work to Stonebond Properties (Birmingham) Limited on 16 June 2026.

The buyer says it is suitable for small and medium-sized businesses.

Built from the notice's own fields. Always check the official notice before you bid.

What the notice says

Guinness Developments Limited (GDL") have awarded a build contract with Stonebond Properties (Birmingham) Limited. This scheme is a traditional land and build "package" brough to GDL by Stonebond, which will result in the construction of up to 60 homes on land at Corinthian Way, Cheltenham, GL51 6UP. The package deal comprises the unconditional purchase of land from Stonebond by GDL and the construction of the new homes as an exempt transaction under Procurement Act 2023. The Contracting Authority will be GDL who are a subsidiary of The Guinness Partnership Limited ("TGPL"). Ownership of the properties will be transferred to TGPL upon practical completion or Golden Brick. Please note that VAT is only payable on the land purchase element of the contract. The build element of the contract is not subject to VAT.

Who won

WinnerValueDates
Stonebond Properties (Birmingham) Limited (SME)£17,577,346
Awarded 16 June 2026

Values as the award notice gives them, excluding VAT where stated.

Timeline

  1. Transparency notice · UK5, notice 056785-2026
  2. Contract award notice · UK6, notice 057298-2026

Last time this was bought

Land & Package Deal at Dark Lane, Calow

Awarded
19 December 2025
Value
Not stated, or split across lots
Bids
1

Matched on Guinness Developments Limited, the type of work and the title; it may be a related contract rather than the same one. Check the notice to be sure.

About the buyer

Procurements

8

Awards

7

Suppliers it has used most for construction

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From notice 056785-2026 on Find a Tender, first published 16 June 2026, last updated 17 June 2026. We last checked for changes on 28 September 2026.