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In deliveryUnited KingdomServices£193,347,644Add to pipeline

Futures Afloat

Awarded to Vard Group AS

THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND(buyer)

Published
Published 10 July 2025
See 2 live opportunitiesHow Skim finds tendersView original notice ↗

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Overview

Trinity House has awarded two contracts for the design and construction of two multi-functional buoy handling vessels under its Futures Afloat programme to replace ageing buoy tenders. The contract, valued at approximately £193.3 million, was awarded to Vard Group AS on 19 May 2026, with vessel delivery scheduled through October 2032.

Contracting authority

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Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£193,347,644
Procedure
Competitive flexible procedure
Rules
Procurement Act 2023
Published
10 July 2025
Questions by
22 August 2025
Classification (CPV)
Ships and boatsShipsRepair and maintenance services of shipsUpgrading services of ships

Award outcome

Awarded value
£193,277,820
Award date
19 May 2026
Contract period
30 September 2026 → 30 September 2031
Contract length
5 years
Bids received
2
Winner
  • Vard Group AS

This contract ends on 30 September 2031.

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About the winner

Vard Group AS

Based in
Ålesund
Public contracts won
1
Across UK and EU notices

No other contract from THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND under this supplier name in Skim's records.

See every contract Vard Group AS holds and when each one ends

Competition and scoring

Bids received

2

0 from SMEs

Open and restricted tenders in Transport equipment and auxiliary products to transportation drew a median of 2 bids over the last 24 months; 37% received only one.

Who bid

  • Vard Group ASWinner
  • Astilleros Gondán S.A.

How bids were scored

Price 18% · Quality 82%

  • Quality and Price will be assessed using a weighted Value for Money index . See procurement document pack.18%
  • Quality and Price will be assessed using a weighted Value for Money index . See procurement document pack.82%

Price and cost criteria in black, quality in blue.

Market context

Typical award in Transport equipment and auxiliary products to transportation

£150,000

Median of 5,058 awards in the last 24 months

This award is 1288.5× the median.

THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND in the last 12 months

83

contracts awarded, worth £200,955,868 in total

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Recent awards in Transport equipment and auxiliary products to transportation

The latest contracts other buyers awarded under the same classification.

Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    13 August 2026

  2. Contract

    6 July 2026

  3. Tender Update

    14 July 2025

  4. Contract Notice

    10 July 2025

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