AWARD OUTCOME
What happened
Newark And Sherwood District Council published contract details for the refurbishment of 14 Market Place, Newark. The notice records an active contract awarded to GUSTO CONSTRUCTION LIMITED.
Published outcomeOne active award (award 1) is recorded for GUSTO CONSTRUCTION LIMITED, covering lot 1.
Market significanceThis is a below-threshold, limited-competition works procurement with a published contract value of £340,294 excluding VAT (£408,352.80 including VAT).
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
GUSTO CONSTRUCTION LIMITED
99% confidenceAward 1 · Lots 1 · £340,294 excluding VAT; £408,352.80 including VAT GBP · Active award and contract
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Verified supplier identity is GUSTO CONSTRUCTION LIMITED (company number 03521705). Award 1 names this supplier and contract 1, linked to award 1, gives the contract value.
LIFECYCLE
Award or contract stage
Notice type
99% confidenceContract details notice on Find a Tender
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Process display status identifies the notice as “Contract details notice on Find a Tender”.
Procurement status
99% confidenceComplete
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The tender status is “complete”.
Award status
99% confidenceActive
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Award 1 has status “active”.
Contract status
99% confidenceActive
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Contract 1 has status “active”.
Contract signature
99% confidenceSigned on 7 July 2025
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Contract 1 records dateSigned as 2025-07-07.
VALUES
Published values explained
Contract value excluding VAT
99% confidence£340,294
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Contract 1 value.amount is 340294 GBP.
Contract value including VAT
99% confidence£408,352.80
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Contract 1 value.amountGross is 408352.8 GBP.
Value allocation
96% confidenceContract-level value linked to award 1 and lot 1
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Contract 1 is linked to award 1; award 1 relates to lot 1.
TIMELINE
Procurement timeline
Contract signed
99% confidence7 July 2025
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Contract 1 dateSigned is 2025-07-07.
Contract start
99% confidence7 July 2025
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Contract 1 period.startDate is 2025-07-07.
Contract end
99% confidence6 March 2026
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Contract 1 period.endDate is 2026-03-06.
Notice published
99% confidence14 October 2026
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The contract details notice datePublished is 2026-10-14.
SCOPE
What was awarded
Requirement
99% confidenceRefurbishment of 14 Market Place, Newark
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Tender title and description state “14 Market Place Refurbishment” and “Refurbishment of 14 Market Place Newark”.
Procurement category
99% confidenceWorks
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Award 1 mainProcurementCategory is “works”.
Classification
99% confidenceCPV 45262690 — Refurbishment of run-down buildings
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Award item 1 lists this additional CPV classification.
Delivery region
95% confidenceUKF15
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Award item 1 delivery address specifies region UKF15.
PROCEDURE
Procedure and competition
Procurement method
99% confidenceLimited
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Tender procurementMethod is “limited”.
Procedure detail
99% confidenceBelow threshold - limited competition
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Tender procurementMethodDetails states “Below threshold - limited competition”.
Threshold status
99% confidenceBelow threshold
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Contract 1 aboveThreshold is false.
Bid and evaluation information
99% confidenceUnknown
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Information not supplied in the published notice.
CONTRACT TERMS
Published contract terms
Term
99% confidence7 July 2025 to 6 March 2026
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Contract 1 period gives these start and end dates.
Duration
94% confidenceApproximately eight months
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Calculated from the published contract period, 7 July 2025 to 6 March 2026.
Extension or renewal terms
99% confidenceUnknown
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Information not supplied in the published notice.
COMMERCIAL VIEW
Commercial observations
Market route
99% confidenceBelow-threshold limited competition
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The published procedure detail is “Below threshold - limited competition”.
Award structure
99% confidenceSingle supplier and single recorded lot
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Award 1 names one supplier and relates to lot 1 only.
Published commercial baseline
99% confidence£340,294 excluding VAT for the recorded contract
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Contract 1 value.amount is 340294 GBP.
DATA QUALITY
Gaps and source limitations
Publication timing
99% confidenceThe contract details notice was published after the stated contract end date.
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The notice was published on 14 October 2026, while the contract period ends on 6 March 2026.
Lot detail
99% confidenceLot 1 has no published title, description or separate value.
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The lot record contains only its identifier and status; no title, description or value is supplied.
Competition detail
99% confidenceBid counts, bidder identities, evaluation and award rationale are not published.
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Information not supplied in the published notice.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- Lot 1 has no published title, description or individual value.
- Information not supplied in the published notice: bid counts, evaluation results, award rationale, pricing breakdown, extension terms and renewal terms.
- The contract details notice was published on 14 October 2026, after the stated contract end date of 6 March 2026.
MARKET THEMES
Relevant award themes
14 Market Place RefurbishmentNewark And Sherwood District CouncilGUSTO CONSTRUCTION LIMITEDNewark refurbishment contractbelow threshold limited competitionworks contract
COMMON QUESTIONS
About this award
Who was awarded the 14 Market Place Refurbishment contract?
GUSTO CONSTRUCTION LIMITED, verified under company number 03521705, is the supplier named for award 1.
What was the published contract value?
The contract value is £340,294 excluding VAT and £408,352.80 including VAT.
When did the contract run?
The published contract period runs from 7 July 2025 to 6 March 2026.
What procedure was used?
The notice describes a below-threshold limited-competition procurement.
ProcuraAxis award analysis supplements, but does not replace, the official award notice, contract data or procurement documents. “Awarded” does not by itself prove that a contract has been signed.