Tender

Lease, Refurbishment and day to day Organisation of Rawtenstall Market

ROSSENDALE BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

TenderAmendment

01 Oct 2018 at 08:03

Tender Notice
Tender

18 Jun 2018 at 09:38

Tender Notice
Summary of the contracting process

Rossendale Borough Council is initiating a tender process for the lease, refurbishment, and day-to-day management of Rawtenstall Market, classified under retail trade services. The tender is currently active, with a submission deadline set for 22nd October 2018. The procurement process is being conducted through an open method, and the successful partner will oversee the market operations for a minimum lease duration of 25 years, commencing from 28th February 2019, through to 28th February 2044. Interested parties should note that a briefing session is scheduled for 12th July 2018, to discuss the opportunity in greater detail.

This procurement presents significant opportunities for growth, particularly for small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) equipped to deliver innovative market management solutions. Businesses that can craft engaging customer experiences, enhance market footfall, and provide robust proposals for site refurbishment would be well-positioned to compete. The council is particularly interested in partners with demonstrated expertise and a strong vision, including potential joint bids from existing traders, which could maximise the market's potential and profitability.

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Notice Information

Notice Title

Lease, Refurbishment and day to day Organisation of Rawtenstall Market

Notice Description

Rossendale Borough Council is seeking a partner to take over the day to day running of Rawtenstall Market over a minimum of a 25 year lease. The partner will fund the refurbishment of the site and generate further proposals that will boost footfall and drive the destination as a tourist attraction for the local community and visitors. The tenderer will be responsible for promotion, events, stall management, maintenance and associated running costs. Tenderers are required to submit a business plan and financial model that enhances the traditional market as well as developing attractive offers and experiences for customers. Tenders from individuals and organisations will be considered. In return RBC will offer a long lease, envisaged to be 25 years although a longer period will be considered if supported by exceptional long term investment commitments and high profit share yields. Rent from the market stalls would form an income for the successful partner organisation. Rossendale BC is looking for a partner with a strong vision supported by a proven track record who will be able to maximise the potential of the site. Joint bids particularly with existing traders will be considered where specialist expertise can be demonstrated. Please view tender information here: www.rossendale.gov.uk/tenders An open session has been arranged for Thursday 12th July between 9.30am and 12.30pm.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ba3a92c5-f682-4e0d-855c-30727d8bc86f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4b2d71ea-1359-45aa-ba5a-e580bf768f8b
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 (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

55 - Hotel, restaurant and retail trade services

CPV Codes

55900000 - Retail trade services

Notice Value(s)

Tender Value
£1,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
1 Oct 20187 years ago
Submission Deadline
22 Oct 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
28 Feb 2019 - 28 Feb 2044 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
ROSSENDALE BOROUGH 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
BACUP
Postcode
OL13 0BB
Post Town
Oldham
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD46 East Lancashire
Delivery Location
Not specified
Local Authority
Rossendale
Electoral Ward
Britannia & Lee Mill
Westminster Constituency
Rossendale and Darwen

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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