Provision of a Not for Profit’ Operator for Staff & Student Accommodation

Great Western Hospital NHS Foundation Trust (GWH), working with a developer partner, Prime Plc, (Prime) is seeking to appoint a not-for- profit operator of staff and student accommodation on its site, based in Swindon. GWH, Prime and potential investors wish to enter into an initial non-contractual relationship with a Preferred Bidder, to participate in further discussions to establish a commercial delivery model. Should discussions be successful, and the Preferred Supplier demonstrate appropriate financial capacity, a contract will be awarded to the Preferred Bidder. GWH advertised this opportunity under Notice UK4 - 3680 as a three stage competitive flexible procedure. GWH received one response to Stage 1 PSQ. The respondent successfully passed all PASS/FAIL questions and demonstrated appropriate experience and technical ability. GWH will enter into further discussions with Hyve by Prime regarding a suitable financial model. The value indicated in this notice represents potential turnover only. The estimated value and corresponding VAT value are estimated only. The value is representative of the potential between the Operator and the Private Tenants (Trust Staff). It is not a contract value awarded by the Trust. The operating start date is an estimate only and is subject to amendment. The length of the term is an estimate only and is subject to review post the completion of discussions with the Preferred Bidder. GWH will observe a mandatory standstill period of eight (8) days, before awarding Preferred Bidder status to Hyve by Prime.