Published date: 3 March 2025
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Advertising management services - 79341200
Location of contract
East of England
Value of contract
£1
Procurement reference
CCD01563
Published date
3 March 2025
Closing date
19 February 2025
Closing time
11:59pm
Contract start date
2 June 2025
Contract end date
2 June 2027
Contract type
Service contract
Procedure type
Call-off from a framework agreement
A mini-competition or direct purchase from a pre-established framework agreement.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
Yes
Description
The contract is to provide a Commercial Partner to assist the Council to exploit its assets to generate sustainable maximised income so that revenue can be used to support Council services and activities. The Council wishes to enter into a contract with a management agent to sell the advertising and sponsorship sites and administer the scheme across a variety of assets within Stevenage Borough. The income stream for the Council will be a percentage of the Gross Revenue raised via the advertising and sponsorship agreements that the management agent is able to promote.
Award information
Awarded date
20 February 2025
Contract start date
2 June 2025
Contract end date
2 June 2027
Total value of contract
£1
This contract was awarded to 1 supplier.
CP Media Limited
Address
CP Media House, 5a Clare House, Clare Road, Halifax, HX3 2HX
Reference
Companies House number: 7462517
Value of contract
£1
Supplier is SME?
Yes
Supplier is VCSE?
No
Additional details
-
Option to extend for a further 24 months. Anticipated income stream over the life of the contract approx £75,000
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Closing: 19 February 2025, 11:59pm