Award

Small Format Digital Advertising Panels

LONDON BOROUGH OF CAMDEN

This public procurement record has 1 release in its history.

Award

26 Mar 2020 at 08:32

Summary of the contracting process

The London Borough of Camden has recently awarded a contract for the provision of small format digital advertising panels, which includes their supply, installation, and maintenance, as well as maximising advertising revenue for the Council. This procurement falls under the advertising services category and the contract period is set from 4th May 2020 to 30th April 2025. The procurement method used was open, and it was completed as part of the concession notice valued at approximately £2,600,000, with an estimated turnover for the concessionaire of £2,280,000. The tender was officially closed on 22nd November 2019.

This tender presents significant opportunities for advertising firms, particularly those specialising in digital media and signage solutions. Companies with capabilities in digital advertising technology and maintenance services would find this contract particularly relevant. Additionally, businesses seeking to leverage advertising space for income generation in urban areas may greatly benefit from the potential to develop further advertising sites within Camden, enhancing their portfolio and fostering growth within the sector.

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Notice Title

Small Format Digital Advertising Panels

Notice Description

The supply, installation and maintenance of small format digital advertising panels, to include advertising revenue generation including maximising income to the Council. For the purposes of the concession notice, the value of the concession has been calculated as per the Concession Contracts Regulations 2016, as the estimated total turnover of the concessionaire generated over the duration of the contract, net of VAT, as estimated by the contracting authority, in consideration for the works and services which are the object of the concession contract and for the supplies incidental to such works and services. In addition to the 8 sites that currently have planning approval granted, there will be scope for potential bidder's to develop further sites.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ffd8c024-a2f7-40a5-9532-8967214c2638
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/93a32c15-1eeb-4e41-bfde-28fc3f6bbf49
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79341000 - Advertising services

Notice Value(s)

Tender Value
£2,600,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,440,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Mar 20205 years ago
Submission Deadline
22 Nov 2019Expired
Future Notice Date
Not specified
Award Date
21 Jan 20206 years ago
Contract Period
3 May 2020 - 30 Apr 2025 4-5 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
LONDON BOROUGH OF CAMDEN
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
N1C 4AG
Post Town
North London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
TLI London

Local Authority
Camden
Electoral Ward
King's Cross
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
1
Supplier Name

CLEAR CHANEL

Open Contracting Data Standard (OCDS)

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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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