Spinnaker Tower Operator
Portsmouth City Council · South East
Key facts
- Contract value
- £106,000,000
- Awarded
- 12 Jul 2026
- Contract starts
- 10 Oct 2026
- Contract ends
- 10 Oct 2051
- Procedure
- Competitive flexible procedure
- Buyer type
- Local government
- Source
- Find a Tender
Awarded to
| Supplier | Value |
|---|---|
| GUNWHARF QUAYS LIMITED | £106,000,000 |
Description
Portsmouth City Council - the 'Council - has sought tenders from suitably qualified and experienced operators for the operation of the Spinnaker Tower - the 'Tower' - on a long term mutually incentivised concession partnership basis. Following completion of the tender assessment process the Council has issued assessment summaries to the successful and unsuccessful suppliers as required under Section 50 of the Procurement Act 23 (the 'Act'). Issuing of this Award Notice will now instigate the statutory Standstill Period which will not be less than eight-working days in accordance with section 51 of the Act. The Council reserves the right to amend (extend) the Standstill Period if needed. If this right is exercised, the Contract Award Notice will be updated and affected suppliers will be notified accordingly. After the Standstill Period has expired, and provided no legal challenge has been made by the end of the Standstill Period, the Council intends to finalise terms and enter into contract with the Successful Supplier. Following execution of contract the Council will issue a further Contract Details Notice in accordance with Section 53 of the Act. The Spinnaker Tower is located on the waterfront within Gunwharf Quays shopping centre and is a prominent landmark offering views of the city, the Solent and the Isle of Wight. Under the new contract the primary function of the Tower must remain a public viewing tower, to be open in line with hours set out within the Council's specification. Following finalisation of terms and execution of contract the Successful Supplier will be required to seamlessly commence operations under a lease with associated concession arrangement from 11th October 2026 following expiry of the lease held with the current incumbent operator on 10th October 2026. The lease and associated concession contract will be let on a 25-year basis.
Categories (CPV)
- 45212170 Entertainment building construction work
- 45212310 Construction work for buildings relating to exhibitions
- 45212350 Buildings of particular historical or architectural interest
- 45212421 Restaurant construction work
- 45212423 Cafeteria construction work
- 45212500 Kitchen or restaurant conversion
- 45213112 Shop units construction work
- 45262700 Building alteration work
- 45330000 Plumbing and sanitary works
- 45350000 Mechanical installations
- 45420000 Joinery and carpentry installation work
- 45432100 Floor laying and covering work
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