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Spinnaker Tower Operator

Portsmouth City Council Published 16 Jul 2026 Find a Tender

key details

Value£168,161,103 (£201,793,323 inc. VAT)
Statuscomplete
Category (CPV) 45212170 +34 more
RegionSouth East
Deadline5 Jun 2026
Procedureopen
SME suitableYes
OCIDocds-h6vhtk-05e0a1

Award

SupplierValueDateStatus
GUNWHARF QUAYS LIMITED £106,000,000 12 Jul 2026 active

description

Portsmouth City Council - the 'Council - has sought tenders from suitably qualified and experienced operators for the operation of the Spinnaker Tower - the 'Tower' - on a long term mutually incentivised concession partnership basis.

Following completion of the tender assessment process the Council has issued assessment summaries to the successful and unsuccessful suppliers as required under Section 50 of the Procurement Act 23 (the 'Act').

Issuing of this Award Notice will now instigate the statutory Standstill Period which will not be less than eight-working days in accordance with section 51 of the Act.

The Council reserves the right to amend (extend) the Standstill Period if needed. If this right is exercised, the Contract Award Notice will be updated and affected suppliers will be notified accordingly.

After the Standstill Period has expired, and provided no legal challenge has been made by the end of the Standstill Period, the Council intends to finalise terms and enter into contract with the Successful Supplier.

Following execution of contract the Council will issue a further Contract Details Notice in accordance with Section 53 of the Act.

The Spinnaker Tower is located on the waterfront within Gunwharf Quays shopping centre and is a prominent landmark offering views of the city, the Solent and the Isle of Wight. Under the new contract the primary function of the Tower must remain a public viewing tower, to be open in line with hours set out within the Council's specification.

Following finalisation of terms and execution of contract the Successful Supplier will be required to seamlessly commence operations under a lease with associated concession arrangement from 11th October 2026 following expiry of the lease held with the current incumbent operator on 10th October 2026. The lease and associated concession contract will be let on a 25-year basis.

documents

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notice history

6 notices published against this procurement.

PublishedTypeRegimeNotice
13 Nov 2025 Preliminary market engagement (UK2) Procurement Act 2023 073620-2025
31 Mar 2026 Planned procurement (UK3) Procurement Act 2023 030036-2026
7 Apr 2026 Tender notice (UK4) Procurement Act 2023 031677-2026
20 Apr 2026 Tender notice (UK4) Procurement Act 2023 035839-2026
5 May 2026 Tender notice (UK4) Procurement Act 2023 041264-2026
16 Jul 2026 Contract award (UK6) Procurement Act 2023 067477-2026

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source

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