Tender

Pentagon Innovation Hub Operator

MEDWAY COUNCIL

This public procurement record has 1 release in its history.

Tender

06 Jul 2022 at 15:28

Tender Notice
Summary of the contracting process

The Medway Council is seeking an operator for the "Pentagon Innovation Hub" as part of its efforts to utilise funding from the Government's Future High Street Fund. This tender falls under the Miscellaneous business-related services category within the services sector and is set in England. The procurement process is currently at the Tender stage, with a deadline for submissions on 29th July 2022. The contract is expected to commence on 1st October 2022 and continue until 30th September 2025, with a total value of £30,000. The procurement method is an open procedure, allowing a wide range of participants to submit proposals.

This tender provides a significant opportunity for businesses, particularly those in the creative and digital tech sectors, to establish themselves through the proposed innovation hub. The hub is designed to support start-ups and growing companies, enabling collaboration among various enterprises. Businesses that offer building and facilities management services, as well as those capable of providing comprehensive business support, will find this tender particularly relevant. This initiative aims not only to foster growth within the local economy but also to create job opportunities for residents in the Medway area.

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Notice Information

Notice Title

Pentagon Innovation Hub Operator

Notice Description

Medway Council has secured funding from the Government's Future High Street Fund to create a proposed 'innovation hub' and is looking to secure an operator of a new Innovation Hub/Incubation Space to assist local start-ups and scale ups to establish themselves and grow within Medway with the intention to support businesses and maintain them within Medway. The Innovation Hub/Incubation will attract a range of businesses not just start-ups which will give businesses the opportunity to collaborate with other like-minded companies sharing the facilities. It is intended that the Innovation Hub delivers coworking and incubator space aimed at creative and digital tech sectors alongside a business support scheme administered by the Council, or fully funded by the Council and operated by the Innovation Hub operator subject to negotiation. This proposition is similar to ones used elsewhere that allows for pre-starts to get the advice they need to become start-ups, take space and be given the advice and tools they need to succeed in business and continue to afford space and grow. As the Innovation Hub aims to offer high level of business support; it enables development opportunity for businesses and at the same time gives a boost to local economy, providing job opportunities for local residents.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6b66516b-abde-4067-b364-d3d7234a5aca
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6a342719-68be-4fa4-bb52-9acfb13b949a
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
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79990000 - Miscellaneous business-related services

79993000 - Building and facilities management services

79993100 - Facilities management services

Notice Value(s)

Tender Value
£30,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 Jul 20223 years ago
Submission Deadline
29 Jul 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Sep 2022 - 30 Sep 2025 3-4 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
MEDWAY 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
CHATHAM
Postcode
ME4 4TR
Post Town
Rochester
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ41 Medway
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Medway
Electoral Ward
Chatham Central & Brompton
Westminster Constituency
Rochester and Strood

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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