The London Borough of Newham Street Furniture Advertising Contract
What the buyer wrote
The local Authority wishes to introduce a single contract whereby the operator shall provide a regular income stream to Newham for the duration of contract period. The income will be form of either a guaranteed annual fee or minimum guarantee with revenue share, both with an overage for additional advertisement panels installed. Bidders are also invited to provide a Year 1 premium to Newham. The annual fee shall be subject to review every 3rd anniversary of the contract commencement date in accordance with the percentage change in the Consumer Price Index (CPI) since the last adjustment date or the commencement date in the case of the first adjustment provided that in the event of a negative…
Details
- What the buyer calls it
- The London Borough of Newham Street Furniture Advertising Contract
- How they are buying
- Advertised, open to anyoneAny supplier could bid without being invited first.
- Type
- services
- Suitable for small firms
- The buyer says yes. What that is worth
- Work starts
- 31 Jul 2018
- Work ends
- 31 Jul 2028
- Kind of work
- Marketing, advertising and communications
Who the buyer named
Ralph Barkway was the named contact on this notice.