Official UK procurement notice
Preliminary Market Engagement Questionnaire - Floating Bridge (Chain Ferry) Cowes / East Cowes
Authority: Isle of Wight NHS Trust (Central government)
What is being bought
Published requirement descriptionThe Isle of Wight Council (the Council) has resolved to replace the current Cowes Floating Bridge 6 chain ferry, which serves the communities of Cowes and East Cowes with a new vessel that meets improved performance standards and reduces the financial subsidy provided from the council to the service.
To help inform how the Council could tender for this project it has resolved to undertake a preliminary market engagement exercise.
This UK2 Notice forms the first stage of that exercise and as such the Council is seeking insight from relevant marine related organisations.
The dates set out to this notice are indicative for a design build phase to commissioning into service - but would be informed by the market.
CPV: Architectural, engineering and planning services · Engineering design services for the construction of civil engineering works · Ferry transport services · Integrated engineering services · Marine construction works · Repair, maintenance and associated services related to marine and other equipment · Shipping operations · Ships and boats
The lotProcurement structure
single lot · no lot value publishedPipeline intelligence · planning stage: how this market runs before the tender is published
How Isle of Wight NHS Trust buys Construction work for water projects (CPV 4524), and who usually turns up
Isle of Wight NHS Trust’s own published record, next to the published market for the same work. Frameworks and DPS are kept out: they attract a different number of bids. Whole-market view: Construction work for water projects (CPV 4524) →
How the contest usually goes
Winner shares use published awards; bid and price charts use contested lots.
i
How often small and medium firms win.
Share of awards where the winner’s size is known.
The counts under this question show how many awards have a known supplier size.
Small firms have won here. Neither number says whether you qualify; it describes who has been winning.
i
How often local firms win similar work.
Winners with a registered address in the delivery region, out of awards with a known address.
Here, local means registered in South East England.
A local branch does not count if the registered address is elsewhere.
Most of this buyer’s recorded winners are registered in South East England.
i
How long buyers here take to decide after bids close.
Middle value in days from the deadline to the first award notice, on competitions that published both dates.
Only decided tenders count, so slow ones still waiting are not in.
Half of these awards were announced within 56 days of the bid deadline.
i
How often work is awarded with no recorded rival.
Direct awards and tenders where every published lot count shows one bid.
Both shares are minimums: some awards have no bid count.
Thin markets produce this too; it is not proof of a tailored specification.
Direct awards or one recorded bid are common here. Check the route before spending time on a bid.
How many bids did past lots attract?
i
How many bids past lots received.
Each colour is a bid-count range. Only competed lots with a published count are included.
Past bids do not predict this tender.
1 bid56% / 25%
2–322% / 50%
4–617% / 25%
7+6% / 0%
How did awards compare with estimates?
i
Where winning prices landed against estimates.
Each colour shows awards below, close to or above the published estimate, one lot at a time.
Past prices are a guide, not a bid price.
Below estimate50% / 67%
Within ±2%17% / 17%
Above estimate33% / 17%
Assess each lot i
What past awards tell you about each lot.
See the forecast, this buyer’s earlier suppliers and firms with relevant wins.
No supplier is confirmed as a bidder.
i
What past awards tell you about each lot.
See the forecast, this buyer’s earlier suppliers and firms with relevant wins.
No supplier is confirmed as a bidder.
Open a lot for its forecast, this buyer’s previous supplier and possible competitors, from published award history, not a bid list
Lot #1CPV 4524Estimate not published
i
How many bids this lot may attract.
The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.
Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative. The bar shows 311 past lots.
A forecast, not a list of bidders.
1 bid12%
2–323%
4–629%
7+37%
i
Where the award price may land.
The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.
No comparable awards for this lot yet.
A statistical guide from past awards, not a price to bid.
Who has supplied this buyer on similar work? i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
No earlier contract of this buyer matches this lot on the published record.
Who could compete for this lot? i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
Candidate suppliers for this notice have not been worked out yet, so this is not a verdict that nobody fits.
About this data
- Source. Official UK public procurement notices (Find a Tender), reused under the Open Government Licence v3.0. New notices arrive through the day; the figures are rebuilt nightly.
- Two views, kept apart. The authority’s own track record and the wider market for the same kind of work sit side by side and are never mixed. Where the local picture is too thin, a figure widens to a broader market and says which one it used.
- Forecasts are labelled. The price forecast and its range, possible competitors and the earlier-work matches are our estimates from past awards: not published facts, not win chances and not price advice. Official notices do not say who is bidding.
- Every figure shows what it rests on. Not every notice publishes a bid count, a value or a delivery region, so each figure carries the number of records behind it, and one built on few records is marked as such. The on a figure explains it; the counting rules are in the methodology. Spotted something wrong? Tell us.
Procedure terms & legal framework
From the official record- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Goods
- Notice status
- Planned procurement
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 25 Feb 2026, 15:25 GMT
- Last source update
- 25 Feb 2026, 15:25 GMT
- FTS notice number
2026/S 000-017000- Latest notice
- Preliminary market engagement notice (UK2)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-065c52Find a Tender
How it was run
Official notice- Submission deadline
- —
Timeline
25 Feb 2026 → 1 Sept 2026 · 4 dates- Planning notice published239 days ago25 Feb 2026, 15:25 GMT
- Tender notice expected204 days ago31 Mar 2026, 23:59 BST
- Market engagement204 days ago31 Mar 2026, 23:59 BST
This is an initial engagement process - the Council may conduct further rounds of preliminary market engagement based on findings from initial supplier insight.
Specifically the Council has set out a series of questions which we are seeking insight from the marine supplier market. The questionnaire can be accessed by the below link:
forms.office.com/e/mit9rHfgKz ↗
The Council has also produced an accompany document that provides more details on the current context and how to engage. If you would like this document please contact
Steve Sandercock (Procurement Consultant)
- Contract starts51 days ago1 Sept 2026, 00:00 BST
Notice history
1 event · 1 release on Find a Tender- Preliminary market engagement notice published25 Feb 2026, 15:25 GMTUK2
Commercial outcome & contract awards
Pipeline notice- Awards (0)
- No award published
- Contracts (0)
- No contract published
- Bid statistics
- No aggregate bid statistics published
Contracting authority & participating public bodies
Official documents & specifications (1)
Official links; attachments are not copiedNotices published for this procedure
- Preliminary market engagement notice Preliminary market engagement notice on Find a Tender