Once launched in October, the new construction framework with an estimated total value of up to £5bn will run for a term of four years and is compliant with the Procurement Act 2023 and Procurement Regulations 2024.

Following the formation of a 10-year strategic delivery partnership that will see resources, reputation and expertise combined to establish a new benchmark for construction procurement, this is the first new framework brought to market by Pagabo and YPO. YPO is the centralised procurement authority for the framework, while Pagabo is responsible for design, delivery and ongoing management.

Jason Stapley, chief procurement officer at Pagabo, said: “This is the first framework we are bringing to market in partnership with YPO under the new procurement regulations, which is an exciting opportunity for suppliers and the public sector to join us in unlocking their many benefits, such as a fundamental focus on awarding the most advantageous tenders. SME inclusion and tangible social value impact have always been important to Pagabo and YPO, but the new procurement regulations are only helping to ensure these priorities are widely maintained through greater transparency and accountability.”

The framework’s tender submission deadline is set for 22 June and interested parties can find more information online via https://in-tendhost.co.uk/pagabo/aspx/ProjectManage/1280