This public procurement record has 4 releases in its history.

AwardUpdate

18 Jun 2018 at 11:09

Award

18 Jun 2018 at 11:04

TenderAmendment

23 Apr 2018 at 16:05

Tender

23 Apr 2018 at 15:53

Summary of the contracting process

Lancashire County Council, based in Preston, is currently involved in the tender process for the "Provision of Services at and Operation of the Preston Youth Zone". This initiative is part of a broader regeneration effort surrounding the Preston Bus Station and aims to enhance community support services for young people. The procurement, classified under "Civic betterment and community facility support services", is being conducted through an open procedure, compliant with the Concession Contracts Regulations 2016. The contract is set to commence on 1 July 2018, with a duration of up to 25 years, concluding on 30 June 2044. The tender period closed on 8 June 2018, with a total contract value estimated at £42 million.

This tender represents a significant opportunity for businesses, especially small and medium enterprises (SMEs) and voluntary and community sector enterprises (VCSEs), to engage in a long-term service provision contract. Companies involved in community services, youth engagement, and facility management would find this project particularly well-suited to their expertise. The substantial investment detail required in the financial model suggests potential for businesses to demonstrate innovative strategies for delivering valuable community outcomes while ensuring a reasonable return on investment.

How relevant is this notice?

Notice Title

CORP - Provision of Services at and Operation of the Preston Youth Zone

Notice Description

Preston Youth Zone (PYZ) is a project that forms part of the larger programme of activity that is taking place in the regeneration of the Preston Bus Station and multi-storey car park in Lancashire. PYZ can be described as co-locating universal positive activities for young people with targeted services for those young people seeking specialist support. Lancashire County Council are seeking to procure a Concessionaire who will take on the operational and financial risk associated with delivering the PYZ. It is envisaged that the contract will commence on or around the 1 July 2018. The contract is being procured in accordance with the Concession Contracts Regulations 2016. Therefore the successful tenderer is asked to justify an optimum duration of the contract, up to a maximum lease period of 25 years, to enable the tenderer to recoup investments planned to perform the concession as well as make a reasonable return on invested capital. Tenderers are therefore asked to provide a fully costed financial model outlining the time period required to recoup the investments made in performing the concession and make a reasonable return on invested capital. Investment includes initial investments and investments during the life of the concession contract. Please view the tender documents for further details. Additional information: Please note the contract end date is actually 30/06/2044.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-53fdb0ea-57fa-4d45-ab8d-b6429383184c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ad44cc8a-4749-453b-a092-8ca1da08bf79
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

98 - Other community, social and personal services


CPV Codes

98133100 - Civic betterment and community facility support services

Notice Value(s)

Tender Value
£42,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jun 20188 years ago
Submission Deadline
8 Jun 2018Expired
Future Notice Date
Not specified
Award Date
8 Jun 20188 years ago
Contract Period
1 Jul 2018 - 30 Jun 2028 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Lancashire County Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
PRESTON
Postcode
PR1 8XJ
Postcode Area
Preston
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD45 Mid Lancashire
Delivery Location
TLD North West (England)

Local Authority
Preston
Electoral Ward
City Centre
Westminster Constituency
Preston

Supplier Information

Number of Suppliers
1
Supplier Name

N/A

Further Information

Notice Documents

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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