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Capital Investment Agreement

TUNBRIDGE WELLS BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

03 Jul 2026 at 15:01

UK7 - Contract Details Notice
Award

14 May 2026 at 15:47

UK5 - Transparency Notice
Summary of the contracting process

The Tunbridge Wells Borough Council has completed the procurement process for a significant project titled "Capital Investment Agreement" within the leisure centre construction industry. Located in Royal Tunbridge Wells, UK, the Council is directing £4.5 million in capital funding to upgrade its leisure centres at St John's Tunbridge Wells, Putlands Paddock Wood, and The Weald Cranbrook. The procurement was executed directly and is below the threshold, proceeding without competition. The procurement stage included the award process, culminating in a contract signed on 30 June 2026 with Serco Leisure Operating Limited. This agreement ensures Serco will manage works and coordinate necessary consultants or subcontractors, acting on a not-for-profit basis to comply with the Procurement Act 2023. The contract duration is set from 1 July 2026 to 30 June 2029, with a potential extension up to 30 June 2030.

This tender represents a vast opportunity for business growth, particularly for entities experienced in leisure centre construction and management. Companies adept in managing substantial renovation projects within the public sector will find it advantageous to associate with Serco, which serves as the primary contractor. As Serco will liaise with subcontractors, there is further potential for smaller, specialised businesses skilled in construction, consultancy, and other associated services to contribute effectively to this project, ensuring efficient utilisation of public funds while fostering community service enhancement.

How relevant is this notice?

Notice Information

Notice Title

Capital Investment Agreement

Notice Description

Tunbridge Wells Borough Council (TWBC) is likely to have a budget of cPS4.5 million of capital funding to spend on its Leisure Centres at St John's Tunbridge Wells, Putlands Paddock Wood and The Weald Cranbrook, comprised of PS1,223,620 of s106 monies approved by its Cabinet on 25 September 2025 and a further PS3.2 million to be agreed by its Cabinet on 25 June 2026. TWBC is currently negotiating the leases of the three Leisure Centres with Serco Leisure Operating Limited (Serco), for a term of 7 years. In order to ensure the capital funding is spent in the most efficient way, TWBC will be entering into an agreement with Serco for Serco to 1) manage the works and 2) contract with the necessary consultants and subcontractors. Serco will be acting on a not-for-profit basis and will procure the contracts as required by the Procurement Act 2023.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-069932
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/062953-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

CPV Codes

45212110 - Leisure centre construction work

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£4,500,000 £1M-£10M
Contracts Value
£4,500,000 £1M-£10M

Notice Dates

Publication Date
3 Jul 20261 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
14 May 20262 months ago
Contract Period
30 Jun 2026 - 30 Jun 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TUNBRIDGE WELLS 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
ROYAL TUNBRIDGE WELLS
Postcode
TN1 1RS
Post Town
Tonbridge
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ46 West Kent
Delivery Location
Not specified
Local Authority
Tunbridge Wells
Electoral Ward
Park
Westminster Constituency
Tunbridge Wells

Supplier Information

Number of Suppliers
1
Supplier Name

SERCO LEISURE OPERATING

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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