Award

Lamp Column Banner Advertising Concession Contract

LONDON BOROUGH OF CAMDEN COUNCIL

This public procurement record has 2 releases in its history.

Award

13 May 2024 at 10:14

Tender

30 Mar 2023 at 14:10

Summary of the contracting process

The London Borough of Camden Council has awarded a Concession contract for Lamp Column Banner Advertising to Bay Media Limited. The contract, worth £4,200,000, was signed on June 21, 2023. The Council set a minimum annual Guaranteed Income Offer for this 1800-day contract, covering installation, maintenance, and advertising services for their lamp column portfolio.

This contract presents growth opportunities for businesses in the advertising services sector. Small and medium-sized enterprises (SMEs) specializing in outdoor media advertising would be well-suited to compete. The procurement stage was an award procedure with prior publication of a call for competition, and the method used was an open tender process. The contract, commenced on October 1, 2023, offers a chance for businesses to engage in long-term advertising concessions in the London Borough of Camden.

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Notice Title

Lamp Column Banner Advertising Concession Contract

Notice Description

The London Borough of Camden is awarding a Concession contract for the provision of the Lamp Column Banner Advertising Concession. The concession contract will be for an initial period of 5 years commencing on 1st October 2023 with the option of 2 extensions for 1 year each. The Council has set a minimum annual Guaranteed Income Offer for this contract. Provision of the contract includes installation, maintenance and advertising media owner concession services for the Council's lamp column portfolio. The advertising media is displayed on a 'banner' which is fixed to the lamp column.

Lot Information

Lot 1

The London Borough of Camden is awarding a Concession contract for the provision of the Lamp Column Banner Advertising Concession. The concession contract will be for an initial period of 5 years commencing on 1st October 2023 with the option of 2 extensions for 1 year each. The Council has set a minimum annual Guaranteed Income Offer for this contract. Provision of the contract includes installation, maintenance and advertising media owner concession services for the Council's lamp column portfolio. The advertising media is displayed on a 'banner' which is fixed to the lamp column. Additional information: 5 years commencing on 1st October 2023 with the option of 2 extensions for 1 year each

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03b768
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/015118-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Award procedure with prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
SME

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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£4,200,000 £1M-£10M

Notice Dates

Publication Date
13 May 20241 years ago
Submission Deadline
9 May 2023Expired
Future Notice Date
Not specified
Award Date
20 Jun 20232 years ago
Contract Period
30 Sep 2023 - 30 Sep 2028 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF CAMDEN COUNCIL
Contact Name
Not specified
Contact Email
procurement@camden.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
WC1H 9JE
Post Town
Central 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
TLI31 Camden and City of London

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

Supplier Information

Number of Suppliers
1
Supplier Name

BAY MEDIA

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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