A new £500m construction framework has been launched by specialist healthcare property company Prime and Yeovil District Hospital NHS Foundation Trust (YDH) to deliver privately-funded projects for the NHS and private healthcare providers.
The Private Investment Construction (PIC) Framework will be a key tool for the delivery of a range of new build and refurbishment projects, giving contractor members access to schemes across the acute, primary care, community care and elderly care sectors, from NHS developments to private patient facilities.
Sponsored by YDH, the four year Framework will provide the NHS and other public sector bodies with a quick, efficient and flexible vehicle for accessing high quality and experienced building contractors for projects developed using private funding.
Prime’s role as Framework Manager will also enable contractors to access projects through its range of health and social care clients.
Paul Mears, Chief Executive of Yeovil District Hospital said: “We are always looking for ways in which we can deliver the best clinical services and non-clinical facilities for our patients, staff and visitors. The Framework will support our transformation programme and will deliver our key goals for each project, namely best value, swift delivery and exemplary patient experience.”
Leighton Chumbley, Managing Director of Prime added: “The truly exciting aspect of this framework is that it provides a vehicle for the NHS to access vital sources of private funding, unlike other frameworks which are dependent on the availability of public sector capital. Open to all our health and social care clients, this will create a whole new market of opportunity for contractors.”
The framework will comprise two lots: Lot 1 will have national coverage across England and Wales, with Lot 2 covering the ‘South’ and ‘Central’ regions.
Bidders are invited to register their interest by emailing PICFramework@shoosmiths.co.uk, The deadline for submitting SQ returns is 19 December.