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    ContractsCorinthian Way Cheltenham - Residential Development Package Deal
    Awarded contract

    Corinthian Way Cheltenham - Residential Development Package Deal

    Awarded
    £17.6m
    Published 16 Jun 2026

    GDL seeks a package deal to construct up to 60 homes at Corinthian Way, Cheltenham, comprising land purchase and development agreement under Procurement Act 2023.

    🇬🇧United Kingdom· EnglandPublished 16 Jun 2026· 2 months agoviaFind a Tender
    Awarded
    £17.6m
    Published 16 Jun 2026

    Decision brief

    4 fields
    • Contract value
      £17,577,346
      Pounds sterling
    • Closing date
      Rolling
      No closing date published
    • Sector
      Construction
      Browse related listings
    • Location
      🇬🇧United Kingdom
      England

    Suppliers

    1 supplier
    • SP
      STONEBOND PROPERTIES (BIRMINGHAM) LIMITED
    Lead contractor

    Lifecycle

    Awarded

    Contract awarded. Originally published 2 months ago.

    16 June 2026
    Awarded — no open tender advertised

    Brief

    Guinness Developments Limited (GDL), a subsidiary of The Guinness Partnership Limited, is seeking to procure a package deal for the construction of up to 60 new homes at Corinthian Way, Cheltenham, GL51 6UP. The opportunity comprises two key elements: (1) the unconditional purchase of land from Stonebond Properties (Birmingham) Limited, and (2) a Development Agreement for the construction of the residential units. This is an exempt transaction under the Procurement Act 2023. GDL will serve as the contracting authority, with property ownership transferring to TGPL upon practical completion or Golden Brick. Important: VAT applies only to the land purchase element; the build element is VAT-exempt.

    Track record

    2 awards · 2 winners
    Thin record

    Only 2 prior awards here — too little to read.

    In construction, GUINNESS DEVELOPMENTS LIMITED has awarded 2 contracts to 2 suppliers.

    Who wins here
    1. Stonebond Properties (Guildford) Limited1× · 50%
    2. STONEBOND PROPERTIES (BIRMINGHAM) LIMITED1× · 50%

    Across construction, the most active winners are LINDUM GROUP LIMITED, HOLCIM UK LIMITED, TARMAC TRADING LIMITED — the field to beat, or your route in as a partner.

    More from GUINNESS DEVELOPMENTS LIMITED

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    Open in Construction

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    BIM invites tenders for fabrication, installation, and commissioning of four new fire training containers to replace existing units at the National Fisheries College of Ireland in Castletownbere, Cork.

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    Cliffoney Men's Shed Community Hub - Building Extension Project

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    Take action
    View on sourceFind a Tender

    Award notice and full record on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    find-tender.service.gov.uk
    Record ID
    ocds-h6vhtk-06b644
    GD
    Buyer
    GUINNESS DEVELOPMENTS LIMITED
    Sector
    Construction