The Department for Communities and Local Government in partnership with the One Public Estate (OPE) has launched a £54m package for councils to transform unused land into housing.
The OPE programme is a pioneering initiative delivered in partnership by the Local Government Assocation and the Cabinet Office Government Property Unit. Its aim is to work with councils on projects transforming local communities and public services across the UK.
£45m of the cash will be provided through the government who will work with the OPE to invest the remaining £9m of the money through the scheme’s sixth funding round.
The aim is that by 2020, local councils will have:
- Released enough land for 160,000 properties
- £615m in capital receipts
- Saved £158m in running costs
- Created 44,000 jobs.
No tenders have been released yet, but please get in touch with The Bid Team using the contact form on the right to ensure you don’t miss out on this, or any other, large construction opportunities. The Bid Team can provide any level of bidding support that you require.