Official UK procurement notice
Arcelormittal Orbit (AMO) Lease- operate and maintain
Authority: London Legacy Development Corporation (Public body)
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. 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.
What is being bought
Published requirement descriptionThe 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.
CPV: Recreational, cultural and sporting services
The lotProcurement structure
single lot · value publishedLot #1The Contracting Authority London Legacy Development Corporation (LLDC) wishes to…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.
Procedure terms & legal framework
From the official record · publisher note attached- Legal basis
- CELEX · 32014L0023 Concession Contracts Regulations 2016 (Directive 2014/23/EU)
- Procurement category
- Services
- Notice status
- Closed
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- No (one-off requirement)
- First published
- 15 Nov 2023, 14:05 GMT
- Last source update
- 15 Nov 2023, 14:05 GMT
- FTS notice number
2023/S 000-033780- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-041a09Find a Tender
- Electronic trading
- e-invoicing allowed · electronic payment
Publisher note: To view this notice, please click here: <a href="https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=814785543" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=814785543</a> GO Reference: GO-20231115-PRO-24408703
How it was run
Official notice- Submission deadline
- 15 Jan 2024, 14:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
Timeline
15 Nov 2023 → 3 Jun 2024 · 3 dates- Notice published15 Nov 2023, 14:05 GMT
- Submission deadline15 Jan 2024, 14:00 GMT
- Contract starts3 Jun 2024, 00:00 BST
Contracting authority & participating public bodies
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria