Museum of London Open £337m Procurement

The Museum of London have begun the procurement process for its new £337 million facility in West Smithfield.

The contract, worth £140m for main redevelopment works across two 1960s building have opened for tenders. Works include strip-out and structural works, M&E, fit-out and façade repair. The museum also plans to move forward with its artefacts from its current Barbican base to the nearby intersection at Farringdon Street and Charterhouse Street, taking over the sites of a Victorian general market and 1960s poultry market. The move will preserve the historic structures of the current buildings on site, both above and below ground.

Planning for the development was submitted by the Museum of London, a charitable organisation, to the City of London Corporation on January 13^th. The project, which was announced in 2015, in the first instance with a price tag of £150 million, however the budget rose to £250 million in 2017, and then rose to more than £330 million at the beginning of 2020.

In 2017, it was reported that the City of London Corporation had invested £110 million into the scheme, with Mayor of London, Sadiq Khan promising a contribution of £70 million.

The redevelopment works contract will run for 30 months, with tenders open until May 25^th, 2020. It is expected that a contractor will be appointed in August of this year.

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