Tender

The London Borough of Newham Street Furniture Advertising Contract

ONESOURCE

This public procurement record has 1 release in its history.

Tender

04 May 2018 at 08:58

Summary of the contracting process

The London Borough of Newham is currently seeking bids for the 'Street Furniture Advertising Contract'. This tender falls under the advertising and marketing services industry category and is being managed by oneSource, an arm of the local authority. The procurement is at the tender stage, with submissions due by 5th June 2018. The contract will commence on 1st August 2018 and run until 31st July 2028, with an estimated total contract value of £1,000,000. The procurement method applied is an open procedure, allowing for a competitive opportunity among all interested vendors.

This contract presents a significant opportunity for businesses specialising in advertising, particularly those that can offer innovative digital solutions for street furniture. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are encouraged to participate, especially those with expertise in managing advertising contracts or developing digital platforms. As Newham aims to upgrade existing assets and identify new opportunities for advertising, businesses with a creative approach to digital services and revenue sharing models could stand to benefit substantially from this engagement.

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Notice Title

The London Borough of Newham Street Furniture Advertising Contract

Notice Description

The local Authority wishes to introduce a single contract whereby the operator shall provide a regular income stream to Newham for the duration of contract period. The income will be form of either a guaranteed annual fee or minimum guarantee with revenue share, both with an overage for additional advertisement panels installed. Bidders are also invited to provide a Year 1 premium to Newham. The annual fee shall be subject to review every 3rd anniversary of the contract commencement date in accordance with the percentage change in the Consumer Price Index (CPI) since the last adjustment date or the commencement date in the case of the first adjustment provided that in the event of a negative change in CPI the guaranteed annual fee shall remain the same and will not be decreased. All of the existing assets have been identified as having the potential to be upgraded to digital. Newham has undertaken pre-application talks with planning officers to determine the suitability of the upgrades with the response annexed under 'Supporting Document 2 - pre-application response for conversion to digital'. Tenderers will be bidding on the basis that they will use all reasonable endeavours to ensure those sites which gain advertisement consent will be implemented at the earliest possible time. There are further unidentified sites in the borough which may have potential for digital advertising and Newham will encourage the successful Operator to develop these sites during the term, subject to Newham's approval, gaining the necessary consents, at the Operators expense, and providing an additional annual fee to Newham. All of the existing assets have been identified as having the potential to be upgraded to digital. Newham has undertaken pre-application talks with planning officers to determine the suitability of the upgrades. Tenderers will be bidding on the basis that they will use all reasonable endeavours to ensure those sites which gain advertisement consent will be implemented at the earliest possible time. There are further unidentified sites in the borough which may have potential for digital advertising and Newham will encourage the successful Operator to develop these sites during the term, subject to Newham's approval, gaining the necessary consents, at the Operators expense, and providing an additional annual fee to Newham. To access the tender documents please sign up to https://www.capitalesourcing.com. The ITT reference number is: itt_OSN_8148 - The London Borough of Newham Street Furniture Advertising. Any issues accessing the documentation, please phone the help desk number on 0800 069 8630 or email help@capitalEsourcing.com. Additional information: To access the tender documents please sign up to https://www.capitalesourcing.com. The ITT reference number is: itt_OSN_8148 - The London Borough of Newham Street Furniture Advertising. Any issues accessing the documentation, please phone the help desk number on 0800 069 8630 or email help@capitalEsourcing.com.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a3a24aff-b0a1-4206-a0ab-6c7a57a8674b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9e969684-a265-4a1f-b00b-6f6001947d46
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

79340000 - Advertising and marketing services

Notice Value(s)

Tender Value
£1,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
4 May 20187 years ago
Submission Deadline
5 Jun 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Jul 2018 - 31 Jul 2028 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
ONESOURCE
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
E16 2QU
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London

Local Authority
Newham
Electoral Ward
Royal Albert
Westminster Constituency
West Ham and Beckton

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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