Norway – Construction work – Market dialogue: development of the Tivolitomta in the centre of Sandefjord.

Background Sandefjord kommune invites the supplier market - property developers, investors and other relevant actors - to a market dialogue on the development of the Tivolitomta in the centre of Sandefjord (landowner Sandefjord kommune). The Tivolitomta is a centrally located area of approx. 13,000 m² in the centre of Sandefjord. The property is regulated for centrist purposes, including housing, business and cultural purposes, cf. the Area Plan Plan 20220007. The Municipal Council has decided that the property shall be developed through a joint company with an equal shareholding between the municipality and a private collaboration partner (50/50), and that the joint venture partner shall be chosen through a competition (decision KST-016/26). The proposed collaboration model means that the municipality provides the site for the joint venture and the private collaborating partner contributes capital equivalent to the agreed market price. The value of the Tivolitomta will be determined through the competition based on a market price, in accordance with the market actor principle and the government support regulations. Further information on the chosen implementation model and company structure is given in a separate information letter, to which interested parties are given access. It is important for the municipality to find a suitable cooperation partner with access to long term capital, as well as relevant experience and competence for the development of the Tivolitomta. The municipality would like to reach the market widely and come into contact with actors who have sufficient financial capacity and relevant experience. The market dialogue will be held before the competition for selection of collaborating partners. Only when the market dialogue has concluded, the actual competition will be announced and announced. The competition for choosing collaboration partners in its current form is considered not to be subject to the procurement regulations and it is planned