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Capital Investment Agreement

Location: United Kingdom

Source: Open Contracting Data Standard (OCDS)

Tender
Complete

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

Status
Closed
Location
United Kingdom
Updated
3 Nov 2026
Source
Open Contracting Data Standard (OCDS)

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The tender “Capital Investment Agreement” is a tender record in Taiyo. It is issued for works, goods, or services related to United Kingdom.

Participants

Not available for this record.

Status

Original status

complete

Taiyo status

Closed

Taiyo last update

2026-11-03

Contact

Not available for this record.

Description

Description

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.

Location

Country

United Kingdom (UK)

Source

Source

Open Contracting Data Standard (OCDS)

URL

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Record type

Tender

Article published date

2026-06-02

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