Tender

Digital Advertising Concession

BIP SOLUTIONS LIMITED

This public procurement record has 1 release in its history.

Tender

11 Jul 2024 at 14:45

Tender Notice
Summary of the contracting process

The London Legacy Development Corporation (LLDC) has issued a tender for the Digital Advertising Concession project. The project aims to enhance wayfinding across the Queen Elizabeth Olympic Park (QEOP) by incorporating new digital assets, ensuring safety and inclusivity. The tender, with an estimated capital of £6 million and expected revenue of £56.6 million, is open for bidding until 4th September 2024. The contract period is scheduled to start on 21st October 2024 and last until 20th October 2034. The procurement falls under the main category of services and is suitable for businesses providing advertising and marketing services located in London, United Kingdom.

This tender opportunity by LLDC presents a lucrative revenue-generating chance for businesses specialised in advertising and marketing services. Companies with expertise in digital signage and commercial advertising will find this project well-suited for growth. The open procurement method allows businesses to compete for the concession contract, ensuring equal opportunities for all suitable candidates. With a long contract period of ten years, the concessionaire can establish a sustainable business model while contributing to the financial viability of QEOP. Interested businesses are encouraged to explore this opportunity and submit their bids before the deadline to participate in this exciting project.

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Notice Information

Notice Title

Digital Advertising Concession

Notice Description

London Legacy Development Corporation (LLDC) digital signage project is to build on and extend the general principles of the 2013 Wayfinding Strategy incorporating new digital assets to improve wayfinding across the Queen Elizabeth Olympic Park (QEOP), supporting the estate management in making the park safe, accessible, and inclusive for all users, while providing new commercial opportunities to support the long-term financial sustainability of QEOP. LLDC is seeking to place an advertising concession with a concessionaire to commence from October 2024 to create a long-term revenue generating opportunity. Capital estimated around PS6M and the revenue is the PS56,6m

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-453700d5-fa8b-47d7-838b-f3edb503ea58
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5131b06c-c1e9-4b83-af08-874ea9dedcdc
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79340000 - Advertising and marketing services

Notice Value(s)

Tender Value
£1
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Jul 20241 years ago
Submission Deadline
4 Sep 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
20 Oct 2024 - 20 Oct 2034 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BIP SOLUTIONS LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW18 4LS
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI34 Wandsworth
Delivery Location
TLI London
Local Authority
Wandsworth
Electoral Ward
Wandsworth Town
Westminster Constituency
Putney

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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