Awarded contract

Published

Spinnaker Tower Operator

2 suppliers have saved this notice.

Looks like a fit? Save this tender and qualify it in Stotles

Value

168,161,103 GBP

Close date

2026-06-05

Description

Portsmouth City Council - the 'Council - has sought tenders from suitably qualified and experienced operators for the operation of the Spinnaker Tower - the 'Tower' - on a long term mutually incentivised concession partnership basis. Following completion of the tender assessment process the Council has issued assessment summaries to the successful and unsuccessful suppliers as required under Section 50 of the Procurement Act 23 (the 'Act'). Issuing of this Award Notice will now instigate the statutory Standstill Period which will not be less than eight-working days in accordance with section 51 of the Act. The Council reserves the right to amend (extend) the Standstill Period if needed. If this right is exercised, the Contract Award Notice will be updated and affected suppliers will be notified accordingly. After the Standstill Period has expired, and provided no legal challenge has been made by the end of the Standstill Period, the Council intends to finalise terms and enter into contract with the Successful Supplier. Following execution of contract the Council will issue a further Contract Details Notice in accordance with Section 53 of the Act. The Spinnaker Tower is located on the waterfront within Gunwharf Quays shopping centre and is a prominent landmark offering views of the city, the Solent and the Isle of Wight. Under the new contract the primary function of the Tower must remain a public viewing tower, to be open in line with hours set out within the Council's specification. Following finalisation of terms and execution of contract the Successful Supplier will be required to seamlessly commence operations under a lease with associated concession arrangement from 11th October 2026 following expiry of the lease held with the current incumbent operator on 10th October 2026. The lease and associated concession contract will be let on a 25-year basis.

Unlock decision maker contacts.

Never miss a tender again

Get alerts, AI summaries and tools to qualify faster

Explore similar pre-tenders, open or awarded contracts

Browse open tenders, recent contract awards and upcoming contract expiries that match similar CPV codes.

Maidstone Borough Council

1,650,000 GBP

Published a day ago

Welwyn Hatfield Borough Council

80,000,000 GBP

Published a day ago

Southern Water Services Ltd

Published a day ago

East of England Ambulance Service NHS Trust

300,000 GBP

Published 2 days ago

The Lake District National Park Authority

4,000,000 GBP

Published 2 days ago

Bedford College

200,000 GBP

Published 2 days ago

Worcester City Council

170,000 GBP

Published 2 days ago

Sign up to the Stotles Tender Tracker for free

Find even more contracts with advanced search capability and AI powered relevance scoring.