Capital Investment Agreement
Details
- Supplier(s)
- SERCO LIMITED
- Value
- £4,500,000
- Duration
- 3 years
- Topic
- Leisure centre construction work
- Published
- 14 May 2026
- Source
- uk:find_a_tender
Tender description
Tunbridge Wells Borough Council (TWBC) is likely to have a budget of c£4.5 million of capital funding to spend on its Leisure Centres at St John's Tunbridge Wells, Putlands Paddock Wood and The Weald Cranbrook, comprised of £1,223,620 of s106 monies approved by its Cabinet on 25 September 2025 and a further £3.2 million to be agreed by its Cabinet on 25 June 2026. TWBC is currently negotiating the leases of the three Leisure Centres with Serco Leisure Operating Limited (Serco), for a term of 7 years. In order to ensure the capital funding is spent in the most efficient way, TWBC will be entering into an agreement with Serco for Serco to 1) manage the works and 2) contract with the necessary consultants and subcontractors. Serco will be acting on a not-for-profit basis and will procure the contracts as required by the Procurement Act 2023. ## Contract award
Timeline
- Completed: Award published14 May 2026Current notice
- Completed: Award date14 May 2026
- Next: Contract expiry date30 June 2029in 3 years
About the buyer
Tunbridge Wells Borough Council is the local authority for Tunbridge Wells in Kent, and buys as a local authority. Smaller purchases go to quotation, with local suppliers asked to quote where possible. The procurement team supplies the council's standard terms and conditions on request.
Over the past 5 years, most of Tunbridge Wells Borough Council's contract awards have been in construction work, architectural and engineering services and waste, cleaning and environmental services.
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@tunbridge-wells-borough-council.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@tunbridge-wells-borough-council.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@tunbridge-wells-borough-council.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@tunbridge-wells-borough-council.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@tunbridge-wells-borough-council.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@tunbridge-wells-borough-council.gov |
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