Capital Investment Agreement
Reference ocds-h6vhtk-069932 · Tunbridge Wells Borough Council
Awarded to SERCO LEISURE OPERATING LIMITED for £4,500,000.
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Amounts and figures
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.
Awards
| Lot | Awarded to | Amount | Date |
|---|---|---|---|
| 1 | SERCO LEISURE OPERATING LIMITED | £4,500,000 | — |
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | 062953-2026 | 3 July 2026 |
Other tenders from Tunbridge Wells Borough Council
See the buyer →- TWBC Invitation to Tender Term Contract 2027 Published: 2 November 2026
- TWBC - Hawkenbury Recreation Ground Published: 12 October 2026
- Local Plan Evidence Framework Published: 25 September 2026
- TWBC Property Term Contract 2027 - Lots 3A, 3B, 3C & 4 (Mechanical, HVAC, Water Hygiene & Lift Maintenance) Published: 25 September 2026
- TWBC - Assembly Hall Theatre Security Published: 16 September 2026
- TWBC - Payment Kiosk Published: 20 August 2026
- Planning Department Consultation Software Published: 11 August 2026
- Car Park and Driveway Surfaces at Kent and Sussex Crematorium and Cemetery Published: 27 July 2026
- TWBC - Green Belt Study Published: 27 July 2026
- Tunbridge Wells Property Holding Audit Published: 10 June 2026
Previous and next from Tunbridge Wells Borough Council
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