Supplier log in
Sale of Moana Court housing complex
Details
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Tender Closed
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| RFx ID : | 26530216 |
| Tender Name : | Sale of Moana Court housing complex |
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| Open Date : | Wednesday, 26 October 2022 2:00 PM (Pacific/Auckland UTC+13:00) |
| Close Date : | Tuesday, 6 December 2022 12:00 PM (Pacific/Auckland UTC+13:00) |
| Department/Business Unit : | Corporate Services |
| Tender Type : | Request for Tenders (RFT) |
| Tender Coverage : | Sole Agency [?] |
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| Exemption Reason : | None |
| Required Pre-qualifications : | None |
| Contact : |
Danielle Lewis 04-237 2022 |
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Moana Court Housing Complex (Moana Court) is the only community housing facility owned by Porirua City Council in Porirua. Moana Court provides affordable housing for low income elderly residents.
As the initial tenders received were not compliant with the Terms and Conditions of the RFT, Council has been exploring how it could progress the disposal of the property in accordance with the original objectives approved by Council and in a commercially prudent manner.
At present, Council does not qualify for the income related government subsidy that Community Housing Providers can obtain. As a result, the existing below market rentals remain in place subject to any annual adjustment in line with Council’s Housing Policy. Council has explored with the Ministry of Housing and Urban Development (HUD) how an exemption to obtain the subsidy could be applied for, through the Minister of Housing. While the threshold for an exemption has increased (as government is prioritising new dwellings rather than existing housing stock) HUD is supportive of helping Council make an application, alongside the successful tenderer, who would ultimately obtain the benefit of the subsidy (subject to the assessment of individual tenants by Work & Income).
On this basis, Council invites you to re-submit your tender if you remain interested on the following basis:
1. The Terms and Conditions of the RFT as set out in the Request for Tender dated March 2022 remain valid with the following exceptions: the timeframes set out in the revised timeline as attached
2. The non-financial information set out in the RFT needs to be completed as this remains an important consideration in selecting the successful party
3. Two Sale & Purchase Agreements are provided based on:
a. Existing tenancies and rentals (refer to the attached updated tenancy schedule dated October 2022)
b. Council and the successful tenderer jointly applying for an exemption (and being approved within 6 months of a conditional agreement) to obtain the income related government subsidy, allowing the existing rentals to be set to market (subject to the assessment of individual tenants by Work & Income). We note, the successful party will need to be willing to co-join with Council in the application to the Minister.
This tender has been awarded.
- Te Ahuru Mowai
Award Date: Thursday, 6 April 2023 (Pacific/Auckland UTC+12:00)
Date RFx was completed/updated: Thursday, 6 April 2023 8:52 AM (Pacific/Auckland UTC+12:00)
