Award

Innovation Hub, Watford Borough Council

WATFORD BOROUGH COUNCIL

This public procurement record has 3 releases in its history.

Award

20 Apr 2026 at 11:35

Award

16 Apr 2026 at 13:27

Tender

30 Sep 2025 at 18:05

Summary of the contracting process

Watford Borough Council is leading a progressive procurement initiative for the development of an Innovation Hub located within the historic Town Hall in Watford, UK. This project forms part of a 10-year programme designed to revitalise the northern end of Watford High Street, focusing on creating vibrant community and business opportunities. The procurement stage has reached the award phase, with Co-Space Group Ltd appointed as the contract supplier. The competitive flexible procedure method has been utilised for this procurement, centring around income generation through a profit-sharing model, rather than traditional expenditure. Key dates include the contract start on 1st July 2026, spanning a 15-year active period, with potential renewal for an additional five years.

This tender offers substantial growth prospects, particularly for businesses specialising in the provision of community services, civic betterment, and innovative business development. Large companies capable of managing and delivering community-centric services are well-suited to compete in this arena, given the emphasis on leveraging Watford’s historic town hall for increased business utilisation and community engagement. By facilitating entrepreneurial growth and creating attractive career paths for young people, the Innovation Hub initiative stands to boost local employment and economic activity, making it an appealing opportunity for operators with expertise in community action programmes and social services. Co-Space Group Ltd’s involvement in the early stages of the hub's design underscores the potential for strategic business development and innovation.

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How relevant is this notice?

Notice Title

Innovation Hub, Watford Borough Council

Notice Description

The Innovation Hub project is part of a wider programme: the Town Hall Quarter - an ambitious and comprehensive 10-year programme of activity at the northern end of Watford High Street to realise a vision of: 'a vibrant and thriving hub in the heart of the town, creating exciting new opportunities for our residents, businesses and community, contributing to Watford's prosperity and success' The Council now wish to enter into a contract with a suitably experienced operator who would manage and deliver the services in the Hub. Please note the published contract value is an estimated income generating contract centred around profit share rather than an expenditure contract value.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05a563
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/035587-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

75 - Administration, defence and social security services

85 - Health and social work services

98 - Other community, social and personal services


CPV Codes

75200000 - Provision of services to the community

85322000 - Community action programme

98000000 - Other community, social and personal services

98133100 - Civic betterment and community facility support services

Notice Value(s)

Tender Value
£4,500,000 £1M-£10M
Lots Value
£4,500,000 £1M-£10M
Awards Value
£4,500,000 £1M-£10M
Contracts Value
£4,500,000 £1M-£10M

Notice Dates

Publication Date
20 Apr 20264 days ago
Submission Deadline
11 Nov 2025Expired
Future Notice Date
Not specified
Award Date
19 Feb 20262 months ago
Contract Period
30 Jun 2026 - 30 Jun 2041 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
WATFORD 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
WATFORD
Postcode
WD17 3EX
Post Town
Watford
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH27 South West Hertfordshire
Delivery Location
Not specified

Local Authority
Watford
Electoral Ward
Park
Westminster Constituency
Watford

Supplier Information

Number of Suppliers
1
Supplier Name

CO-SPACE GROUP

Further Information

Notice Documents

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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