EU procurement guide launched
Wed 24th July 2013, 10:57 am
Developers and local authorities can now access a new guide to help them navigate complicated European procurement rules for new development projects.
The British Property Federation has teamed up with the Local Government Association and Local Partnerships to produce the guidance, which identifies the most common structures used in land development as well as explaining procurement rules.
Liz Peace, chief executive of the BPF, said: “Too many development deals are being held up by the confusion surrounding EU public procurement rules. This guidance offers practical step-by-step advice to both property developers and local authorities alike, and cuts through the legalese and confusion that currently surrounds the EU public procurement regime.”
Rob Hann, director of legal services at Local Partnerships, said: "Local authorities play a crucial role in helping to fuel and maintain economic growth in their areas by providing opportunities for property and other infrastructure development.
"To get the best response from the market it is crucial for the processes leading to selection to be efficient and appropriate to ensure scarce resources are focused on delivery.”
Rob Groves, senior projects director at developer Argent, said: “Early engagement and the investment of the private sector in a public sector-promoted property development opportunity is usually a key ingredient in a successful development, but risks around the OJEU process and its uncertainty can prevent those partnerships forming.
“When an OJEU is required is often not clear for both the public and private sector and the chart provides clarity to the process with the various steps and helps to guide parties to the right questions.”
View the guide: When is an OJEU or other competition required for a land deal?
Thu 20th December 2012, 10:21 am
SocInvest's top ten most popular stories during the past year.
Thu 13th December 2012, 10:27 am
SocInvest has updated its intelligence section to help users find documents related to regeneration finance more easily.
Tue 20th August 2013, 3:45 pm
A new tax increment finance deal could allow Sheffield City Council to reap a £16 million windfall without spending a penny on up-front infrastructure.