Arcelormittal Orbit (AMO) Lease- operate and maintain

A Tender Notice
by LONDON LEGACY DEVELOPMENT CORPORATION

Source
Find a Tender
Type
Concession (Services)
Duration
10 year
Value
22M
Sector
MISCELLANEOUS
Published
15 Nov 2023
Delivery
03 Jun 2024 to 02 Jun 2034
Deadline
15 Jan 2024 14:00

Concepts

Location

Hackney and Newham

Geochart for 2 buyers and 0 suppliers

Description

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.

Total Quantity or Scope

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.

CPV Codes

  • 92000000 - Recreational, cultural and sporting services

Indicators

  • Bids should cover the whole contract.
  • Award on a basis other than price and quality.

Other Information

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 GO Reference: GO-20231115-PRO-24408703

Reference

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