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Arcelormittal Orbit (AMO) Lease- operate and maintain

Recreational
cultural and sporting services
London (UKI41)
Published value
£22,500,000
Submission deadline 15 Jan 2024, 14:00 GMT
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: London Legacy Development Corporation: "Arcelormittal Orbit (AMO) Lease- operate and maintain". Published status: active. Published value: £22,500,000. 1 published lot. Recorded submission deadline: 15 Jan 2024, 14:00 GMT. See the official notice for participation instructions.
Contracting AuthorityLondon Legacy Development CorporationScope & CategoriesNot publishedSubmission Window
Closed
15 Jan 2024, 14:00 GMT
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£22,500,000
Bidder Intelligence · Authority Profile: London Legacy Development Corporation
Market Analytics
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Derived from OCDS awards & bid statistics
Published history for London Legacy Development Corporation. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
Not availableNo published reports
Bid counts are not published for this buyer
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 0 active published awards; 0 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityLondon Legacy Development Corporation
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published15 Nov 2023, 14:05 GMT
Last source update15 Nov 2023, 14:05 GMT
Recurring procurementNo
ClassificationRecreational, cultural and sporting services
Delivery area
London (UKI41)
OCIDocds-h6vhtk-041a09
What is being bought
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.
What changed
From the official release history
  1. Published value updated to £22,500,000
    15 Nov 2023, 14:05 GMT
  2. Status changed to active
    15 Nov 2023, 14:05 GMT
  3. Official notice release published
    15 Nov 2023, 14:05 GMT
  4. Submission deadline changed to 15 Jan 2024, 14:00 GMT
    15 Nov 2023, 14:05 GMT
  5. Buyer information updated
    15 Nov 2023, 14:05 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published value£22,500,000
    The Contracting Authority London Legacy Development Corporation (LLDC) wishes to secure a new operator or operators to undertake a 10 year operation and maintenance lease (with an option to extend for up to a additional 5 years for a maximum duration of 15 years) for the ArcelorMittal Orbit located in Queen Elizabeth Olympic Park in Stratford, East London.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    15 Nov 2023, 14:05 GMT
  2. Submission deadline
    15 Jan 2024, 14:00 GMT
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

London Legacy Development Corporation

Contracting authority GB-FTS-98407
View buyer profile
Documents (2)
Official links; attachments are not copied

  • economicSelectionCriteria

    tender
    economicSelectionCriteria

  • technicalSelectionCriteria

    tender
    technicalSelectionCriteria
Related procedures (0)
No data
No related procedures published