Award

Restoration Works to the Serpentine Bridge

THE ROYAL PARKS LIMITED

This public procurement record has 1 release in its history.

Award

19 Jan 2026 at 16:05

Summary of the contracting process

The Royal Parks Limited, located in London, recently completed a public procurement process for restoration works on the Serpentine Bridge, following damage from a 2024 road traffic accident and insights from a quadrennial report. The tender, categorised under 'works' with the CPV classification of restoration work, was awarded to Paye Stonework and Restoration Limited, a small to medium-sized enterprise (SME). The procurement process, described as 'below threshold - limited competition', went through an award stage with contracts already in the active phase as of 19th January 2026. The contract, valued at £479,850 GBP, is set to run from 20th January 2026 to 27th February 2026, providing significant business opportunities for contractors in the restoration industry within the UK's capital region.

This procurement presents a lucrative opportunity for businesses specialised in restoration and construction works. Due to the project's nature—as a restoration, it may attract companies with expertise in heritage and structural refurbishments. Small and medium enterprises (SMEs) characterised by quick adaptability and specialist skills will likely find themselves well-suited for projects like these, particularly given the limited competition nature of the procurement method. Engaging in such contracts not only enhances a company's portfolio but also opens additional avenues for future government and public-sector collaborations.

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Notice Title

Restoration Works to the Serpentine Bridge

Notice Description

Relating to Restoration Works to the Serpentine Bridge Following the 2024 Road Traffic Accident Impact Damage and Further Quadrennial 2022 Report. To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=1007511779

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-060916
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/004477-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work


CPV Codes

45454100 - Restoration work

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£479,850 £100K-£500K

Notice Dates

Publication Date
19 Jan 20261 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
19 Jan 20261 months ago
Contract Period
20 Jan 2026 - 27 Feb 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE ROYAL PARKS LIMITED
Contact Name
Not specified
Contact Email
procurement@royalparks.org.uk
Contact Phone
03000612000

Buyer Location

Locality
LONDON
Postcode
W2 2UH
Post Town
West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
Hyde Park
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

PAYE STONEWORK AND RESTORATION

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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