Contract award · 17 Mar 2023

Forest Nets Concession Opportunity: South

Forestry England for and on behalf of The Forestry Commission awarded “Forest Nets Concession Opportunity: South” to Adventure Forest Ltd for £70m.

Recreation, culture & sportSouth West

Procedure

Procedure as published: Award procedure with prior publication of a call for competition.

Key facts

Buyer
Forestry England for and on behalf of The Forestry Commission · Ministry or any other national or federal authority, including their regional or local subdivisions
Value
£70,000,000 across 2 lots
Procedure
Award procedure with prior publication of a call for competition
Sector
Recreation, culture & sport · Recreational, cultural and sporting services (CPV 92000000)
Timeline
  1. Contract date17 Mar 2023
  2. Published27 Apr 2023Published 41 days after the contract date

Description

Forestry England will be awarding Concession Leases for the provision of a high-quality forest nets adventure product at a number of sites in the North of England. We will award this opportunity through a Lease agreement which will expiry in 2033, awarding a maximum Lease period of 10 years. There will be a mutual annual break point from year 3 of the Lease agreement, subject to 12 months' notice. The annual estimated turnover of this opportunity per site is £400k - £500k

Lots in this award

LotSupplierValue
Forest Nets Concession Opportunity: SouthAdventure Forest Ltd£35m
Forest Nets Concession Opportunity: NorthAdventure Forest Ltd£35m

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