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PROCUREMENT OPPORTUNITY

Capital Investment Agreement

Tunbridge Wells Borough Council · Contract details notice on Find a Tender

Tender information last checkedLast checked 27 Sept 2026, 07:12.

Opportunity overview

Tunbridge Wells Borough Council (TWBC) is likely to have a budget of c£4.5 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 £1,223,620 of s106 monies approved by its Cabinet on 25 September 2025 and a further £3.2 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.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

Published award value
Value not stated
Awarded
Not supplied
Contract signed
29 Jun 2026
Award ID
1
Status
active
Identifier
GB-COH 04687478
Location
Hook, UKJ37, RG27 9UY, United Kingdom

Classification

No classification was supplied.

Lots

  • Lot 1Value not stated

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
ocds-h6vhtk-069932
Status
complete
Procurement Method
direct
Procurement Method Details
Below threshold - without competition

Legal basis

Id
2023/54
Scheme
UKPGA

Lots and requirements

Entry 1
Id
1
Status
complete

Buyer, suppliers and contacts

Organisation 1
Name
Tunbridge Wells Borough Council
Id
GB-PPON-PLDX-6964-RZQX

Identifier

Scheme
GB-PPON
Id
PLDX-6964-RZQX

Address

Street Address
Town Hall, Monson Way
Locality
Royal Tunbridge Wells
Postal Code
TN1 1RS
Country
GB
Country Name
United Kingdom
Region
UKJ46

Contact

Telephone
01892554189

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthoritySubCentralGovernment
Description
Public authority - sub-central government
Organisation 2
Name
SERCO LEISURE OPERATING LIMITED
Id
GB-COH-04687478

Identifier

Scheme
GB-COH
Id
04687478

Additional Identifiers

Entry 1
Scheme
GB-PPON
Id
PWWW-1875-XYTM

Address

Street Address
Serco House 16 Bartley Wood Businesspark
Locality
Hook
Postal Code
RG27 9UY
Country
GB
Country Name
United Kingdom
Region
UKJ37

Contact

Roles

supplier

Details

Scale
large
Vcse
No

Award information

Award 1
Id
1
Status
active
Main Procurement Category
works

Items

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
45212110
Description
Leisure centre construction work

Delivery locations

Entry 1
Region
UKJ46
Country
GB
Country Name
United Kingdom

Suppliers

Supplier 1
Id
GB-COH-04687478
Name
SERCO LEISURE OPERATING LIMITED

Related lots

1

Contracts and changes

Entry 1
Id
1
Award ID
1
Title
Capital Investment Agreement
Status
active
Has Renewal
Yes
Above Threshold
No
Date Signed
30 Jun 2026, 00:00

Period

Starts
1 Jul 2026, 00:00
Ends
30 Jun 2029, 23:59
Max Extent Date
30 Jun 2030, 23:59

Renewal

Description
Contract to be delivered to agreed timescales, if works are delayed, parties must give 3 months written notice detailing the length of extension required.

Value

Including VAT
4,500,000
Currency
GBP

Documents

Entry 1
Id
062953-2026
Document Type
contractNotice
Notice Type
UK7
Description
Contract details notice on Find a Tender
Published
3 Jul 2026, 16:01
Format
text/html

Recorded locations

  • Buyer location · Royal Tunbridge Wells · UKJ46 · TN1 1RS · United Kingdom

Notice and amendment history

2 published notice versions reviewed by ProcuraAxis.

2 VERSIONS
  1. 044580-2026Transparency notice on Find a Tender ·
  2. 062953-2026Contract details notice on Find a Tender ·