This is a contract result notice, not an open opportunity. Details from the official award data.

Tenders are invited from interested parties for the provision of Laundrette Facilities at Keele University in accordance with the 'Tender Specification and Contract Document' referred to in Section 2 of the Invitation to Tender (ITT) documentation.

The contract for the provision of Laundrette Facilities will operate on a concession basis (a Services Concession Contract).

Tenderers should therefore note the following critical contract requirements: The consideration (payment) to the appointed Tenderer ("Concessionaire") will consist solely in the right to exploit the services that are the subject of the contract.

There will be no payment from the University to the Concessionaire.

The University will transfer to the Concessionaire the operating risk in exploiting the services.

All Tenderers must adhere to the critical contract requirements detailed above.

Any Tenderer who submits a Tender on a different basis that fails to meet these critical contract requirements will be deemed to have submitted a non-compliant tender and will not be considered further.

The Concession Contract for the provision of Laundrette Facilities will run for a five-year duration with an option to extend for a further three years commencing from 1st June 2024.

The estimated total value of the Concession Contract over its duration (including the extension option if this is taken up) is £902,000 (VAT is zero rated).

The University gives no guarantee whatsoever as to the level of business that will be achieved by the Concessionaire under the Concession Contract and the estimated value is based on previous transactions over the last eight years.

The delivery, installation and commissioning of the Laundry Equipment and the associated refurbishment works required must be fully completed by 1st September 2024.

The Concessionaire shall be required to pay a Rebate to the University in accordance with the requirements detailed in the Commercial Evaluation (detailed on pages 24 and 47-48 of the ITT) and in the Tender Specification and Contract Document).

Given the need for one Concessionaire to co-ordinate the delivery of all of the goods and services required, the Concession Contract has not been divided into lots.