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In deliveryUnited Kingdom

Capital Investment Agreement

Published
Published 14 May 2026

Overview

Tunbridge Wells Borough Council has awarded a capital investment agreement to Serco Leisure Operating Limited to manage approximately £4.5 million in capital funding for improvements at three leisure centres: St John's Tunbridge Wells, Putlands Paddock Wood, and The Weald Cranbrook. Under this arrangement, Serco will oversee the works programme and procure necessary consultants and subcontractors on a not-for-profit basis as part of concurrent 7-year lease negotiations.

Key details

Country
United Kingdom
Status
In delivery
Procedure
Direct
Published
14 May 2026

Award outcome

Award date
29 June 2026
Contract period
30 June 2026 → 30 June 2029
Winner
  • SERCO LEISURE OPERATING LIMITED

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    3 July 2026

    View notice ↗
  2. Contract

    14 May 2026

    View notice ↗

Contracting authority

  • Tunbridge Wells Borough Council

    Buyer

    Royal Tunbridge Wells, United Kingdom

    GB-PPON: PLDX-6964-RZQX

    Authority website ↗

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Awarded: Capital Investment Agreement — won by SERCO LEISURE OPERATING LIMITED — Skim