Retail Development

Award

Value

£0

Classifications

  • Construction work for commercial buildings

Tags

  • award
  • contract

Published

2 years ago

Description

The Shrewsbury and Telford Hospital NHS Trust ("SATH") intends to enter an agreement for an internal lease with Noviniti Dev Co 1 Limited ("Noviniti") in respect of a new retail and administrative use development being constructed by SATH at the Princess Royal Hospital in Telford ("the Hospital"). It is anticipated that Noviniti will make arrangements to identify its commercial tenant of the retail space. The contractual arrangements are structured as a land transaction exempt from the Public Contracts Regulations 2015 (“PCR”) and the Concession Contracts Regulations 2016 (“CCR”).

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