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In deliveryUnited KingdomServices£650,000Add to pipeline

CO6080 - Victoria Park Market Concession

Awarded to The Good Market Company Ltd

Tower Hamlets(buyer)

Published
Published 16 October 2025
Deadline
Closed 20 November 2025

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Overview

Tower Hamlets awarded a three-year concession to operate a Sunday food and beverage market in Victoria Park's night walk area to The Good Market Company Ltd for £650,000, commencing April 2026 with options to extend by two further one-year terms. The operator will provide a family-friendly, high-quality market experience while maintaining compliance with food safety and health and safety legislation in exchange for sole trading rights from designated market areas.

Contracting authority

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Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£650,000
Procedure
Open procedure
Rules
Procurement Act 2023
SME suitable
Yes
Published
16 October 2025
Questions by
7 November 2025
Deadline
Closed
Classification (CPV)
Recreational, cultural and sporting servicesOther community, social and personal services

Award outcome

Awarded value
£650,000
Award date
16 February 2026
Contract period
31 March 2026 → 30 March 2029
Contract length
3 years
Could run to
29 March 2031
Winner
  • The Good Market Company Ltd

This contract ends on 30 March 2029, or 29 March 2031 if every extension is used.

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About the winner

The Good Market Company Ltd

Based in
London,
Public contracts won
1
Across UK and EU notices

No other contract from Tower Hamlets under this supplier name in Skim's records.

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Competition and scoring

How bids were scored

Price 45% · Quality 55%

  • Price45%
  • Quality & Social Value55%

Price and cost criteria in black, quality in blue.

Market context

Typical award in Recreational, cultural and sporting services

£91,492

Median of 1,186 awards in the last 24 months

This award is 7.1× the median.

Tower Hamlets in the last 12 months

57

contracts awarded, worth £395,064,081 in total

See their procurement profile →

Recent awards in Recreational, cultural and sporting services

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    19 February 2026

  2. Contract Notice

    16 October 2025

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