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Arcelormittal Orbit (AMO) Lease- operate and maintain

BIP SOLUTIONS LIMITED Published 15 Nov 2023 Contracts Finder

key details

Value£22,500,000
Statusactive
Category (CPV) 92000000
RegionLondon
Deadline15 Jan 2024
Contract start1 Jun 2024
Contract end2 Jun 2034
SME suitableNo
OCIDocds-b5fd17-90b39d61-4148-40f3-9417-37bb56af49a8

description

The Contracting Authority London Legacy Development Corporation (LLDC) wishes to

secure a new operator to undertake a 10 year operation and maintenance lease (with an option to extend for a additional 5 years for a maximum duration of 15 years) for the ArcelorMittal Orbit (AMO) located in Queen Elizabeth Olympic Park in Stratford, East London.

The estimated total value based on how the AMO operated and is maintained today across the maximum lease duration of 15 years is £22,500,000. Dependent on proposed future use of the AMO (which is subject to regulatory approvals) the estimated total value across the maximum lease duration of 15 years is £30,000,000.

documents

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notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
15 Nov 2023 Tender (tender) · 17578330-b6e6-49fc-b564-cd4242f703a9-698535

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source

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