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03-25-2013ProjektConstruction & Real EstatePublic Sector

Federal and State Government Employees Retirement Fund Karlsruhe (VBL) - general contractor achievements (new building living ensemble)

The Federal and State Government Employees Retirement Fund (VBL) is a statutory institution of public law carried jointly by the Federal and state governments. It is the largest German supplementary retirement fund for public service employees.

In addition, VBL is one of the largest institutional capital investors in Germany. At present, about EUR 15.4 billion are invested on the capital market. A part of these capital assets is invested in real estate. VBL therefore holds an extensive real estate portfolio.

VBL intended to assign general contractor services for the new construction of a residential building in Hamburg. VBL intends to lease out this residential building as an investment. Since the estimated orders volume is just below EUR 5 million, a public invitation to bid was to be held.

We designed the award procedure for VBL for the public invitation to bid of the general contractor services and accompanied the project up to the awarding of the contract to the winning bidder and the conclusion of the general contractor agreement.

We are also advising VBL on the separate public invitation to bid for the elevator work for the residential building. In this connection, we also designed the relevant components of the award procedure and accompanied VBL up to the successful awarding of the contracts.

The total order volume is close to EUR 5 million.

Winning bidder: PREUSSE Baubetriebe GmbH

Counsel to Federal and State Government Employees Retirement Fund Karlsruhe:

Dr. Daniela Hattenhauer, (Hospital Law / Public Procurement Law), Düsseldorf and Frankfurt
Associate: Ute Klemm, LL.M. (Public Procurement Law), Frankfurt


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