Closed tender

Arcelormittal Orbit (AMO) Lease- operate and maintain

Details

Value
£22,500,000
Topic
Recreational, cultural and sporting services
Published
15 November 2023
Submission
15 January 2024

Tender description

The Contracting Authority London Legacy Development Corporation (LLDC) wishes to secure a new operator to undertake a 10 year operation and maintenance lease (with an option to extend for a additional 5 years for a maximum duration of 15 years) for the ArcelorMittal Orbit (AMO) located in Queen Elizabeth Olympic Park in Stratford, East London. The estimated total value based on how the AMO operated and is maintained today across the maximum lease duration of 15 years is £22,500,000. Dependent on proposed future use of the AMO (which is subject to regulatory approvals) the estimated total value across the maximum lease duration of 15 years is £30,000,000.

Timeline

  1. Completed: Tender published15 November 2023
    Current notice
  2. Completed: Submission date15 January 2024

About the buyer

BiP Solutions is a private company, founded in 1984 and based in Glasgow, that builds procurement platforms for the public sector. Notices under BiP Solutions itself cover the company's own purchasing of IT, software and business services. Tracker and Contrax, its business intelligence brands, alert suppliers to new contract opportunities. Training and consultancy work, including the Procurement Advice and Support Service, rounds out its offer to public bodies.

Over the past 5 years, most of BiP Solutions's contract awards have been in IT services, software and information systems and real estate services.

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Decision makers

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