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CO6080 - Victoria Park Market Concession

Tower Hamlets

This public procurement record has 2 releases in its history.

Award

19 Feb 2026 at 14:27

UK7 - Contract Details Notice
Tender

16 Oct 2025 at 15:40

UK4 - Tender Notice
Summary of the contracting process

The London Borough of Tower Hamlets has recently concluded the procurement process for the Victoria Park Market Concession, a project valued at £650,000, with a plan to initiate a Sunday Food Market. The contract, awarded to The Good Market Company Ltd, will commence on the 1st of April 2026 and run for a period of three years, potentially extending twice for an additional year each time. This initiative falls under the recreational, cultural, and sporting services category, creating a dynamic space for community engagement within the park. The procurement method employed was an open procedure, ensuring transparency and open competition in alignment with public sector regulations. Tower Hamlets, positioning itself as a sub-central government authority, expects the market operator to deliver a high-quality hospitality service and maintain compliance with relevant food and safety standards throughout the contract term.

This tender presents significant opportunities for growth within the food and beverage niche, attracting businesses capable of providing superior market operations and hospitality experiences. With sole trading rights granted on specified days, businesses should keenly explore innovative offerings to captivate park visitors and maintain the esteemed reputation of this family-friendly market. SMEs and VCSEs particularly stand to benefit from engaging in this vibrant concession, as it aligns with the social value and quality emphasis indicated in the award criteria. This setting not only allows for a substantial return on investment through stall operations but also facilitates networking opportunities and a platform to enhance brand visibility in one of London's renowned locations.

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Notice Information

Notice Title

CO6080 - Victoria Park Market Concession

Notice Description

The London Borough of Tower Hamlets (LBTH) is inviting proposals for a Sunday Food Market to be held on the night walk area in Victoria Park for a term of 3 years with an option to extend by a further 12 months on two separate occasions by mutual agreement. This agreement would commence from 1 April 2026. The purpose of the tender is to identify an experienced Market Operator who will activate a food and beverage market each Sunday throughout the year. The market should be family-friendly and be of a high quality whereby it builds a positive reputation for the park. The Council expects the successful tenderer to provide a superior hospitality experience to park users and sustain the specified standards and compliance levels with all prevailing food and Health and Safety legislation throughout the term of their contract. In return, the successful bidder will have sole trading rights from the designated market trading areas on the agreed allocated days in return for a fee payable to the Council. A contract duration of three (3) years with the option to extend twice for further one (1) year terms is recommended to give the market operator time to establish themselves, invest in the market, and attract the best stall holders in London.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05ce31
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/015297-2026
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
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

92 - Recreational, cultural and sporting services

98 - Other community, social and personal services

CPV Codes

92000000 - Recreational, cultural and sporting services

98000000 - Other community, social and personal services

Notice Value(s)

Tender Value
£650,000 £500K-£1M
Lots Value
£650,000 £500K-£1M
Awards Value
Not specified
Contracts Value
£650,000 £500K-£1M

Notice Dates

Publication Date
19 Feb 20266 months ago
Submission Deadline
20 Nov 2025Expired
Future Notice Date
Not specified
Award Date
16 Feb 20266 months ago
Contract Period
1 Apr 2026 - 30 Mar 2029 2-3 years
Recurrence
2030-10-01

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Tower Hamlets
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
E1 1BJ
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London
Local Authority
Tower Hamlets
Electoral Ward
Whitechapel
Westminster Constituency
Bethnal Green and Stepney

Supplier Information

Number of Suppliers
1
Supplier Name

The Good Market Company Ltd

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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