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Project Walnut - Subsidy Advice

Homes England (the name adopted by the Homes and Communities Agency)

Awarded
services

This tender has closed

The submission deadline for this contract has passed. There may be more active services tenders from Homes England (the name adopted by the Homes and Communities Agency), and hundreds more across the UK public sector.

Key details

Region
North East
Delivery: North East, United Kingdom
Contract value
£40,000ex VAT
Submissions closed
25 August 2025
Published
28 September 2026

Procurement

Contract period
7 September 2025 - 1 December 2025
3 months
Procedure type
Not applicable
CPV classifications
  • 70000000 Real estate services
  • 79412000 Financial management consultancy services

What happened

Homes England (the name adopted by the Homes and Communities Agency) awarded this contract to Avison Young worth £40,000 on 1 Sept 2025. The contract runs until 1 Dec 2025.

Description

AY to advise on subsidy control for pricing and the profit waterfall. Work will be split into Phase 1 (initial advice) and Phase 2 (detailed report post-approval).\\r\r

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Benchmarking and review. AY will benchmark pricing across the capital stack using market comparables, review draft HOTs, and support the Q&A process with MGT.\\r\r

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Risk and compliance. The aim is to flag potential issues and propose mitigations, recognising that unlike previous pari passu equity investments, Homes England will be taking a different return to its partner.

Awarded supplier

Supplier
Avison Young
Award value
£40,000
Award date
1 September 2025

Contact

Address
The Lumen, St James Boulevard, Newcastle Helix, Newcastle upon Tyne, NE4 5BZ

Identifiers

Buyer reference
HCA001-DN789010-72354321
Notice ID
e6033cc7-dbad-421b-95e9-7c204951521f-915759
OCID
ocds-b5fd17-fa3735df-a8b2-4121-a6a1-ba01537780b9

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External ID: cf-ocds-b5fd17-fa3735df-a8b2-4121-a6a1-ba01537780b9 • Added 28 September 2026