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 0303 123 1702

Allerdale Borough Council,
Allerdale House,
CA14 3YJ

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news release


Councillors approve new market contractor

15 April 2015

Allerdale Borough Council’s Executive has today [Wednesday 15 April 2015] approved a contractor to run its markets for the next five years.

Geraud Markets Ltd won the contract tender process and will be responsible for managing regular markets in Keswick, Silloth and Workington, as well as developing markets in other areas of Allerdale. There is now a statutory ‘standstill’ period before the contract process is formally concluded – subject to there being no legal challenges, this will happen after Tuesday 28 April.

In the coming months, Geraud will be working closely with the Council on a consultation exercise asking the public about the type of markets they want to see in their local area, and looking at how markets could benefit a town, before any final decisions are taken with regards to any changes to existing markets or the development of new ones

The revenue value of the contract is approximately £200,000 per year. The contractor is responsible for all operating costs and any profits are split between it and the Council, with the Council receiving 60% of the share. The Council received around £65,000 revenue in 2013/14 and it is anticipated this will increase to around £78,500 in 2014/15.

Speaking after this morning’s meeting of the Executive, Nik Hardy, the Council’s Head of Economic Growth, said: “Markets are a hugely popular attraction in our towns, increasing footfall from locals and visitors alike. They’re a great place to pick up fresh produce or new and different goods, as well as being an ideal starting place for fledgling businesses which want to grow their customer base.

“Geraud has worked with the council for a number of years and Keswick Market won the best large outdoor market title at the 2015 Great British Market Awards during their tenure. We look forward to working with them to ensure this success is replicated elsewhere.”  

The market contract was due to be awarded last year but elected members asked that the tender process was repeated. They decided they wanted more robust criteria which was commercially driven to ensure the Council got the best deal on, most importantly, quality, but also on price.

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Contact us

0303 123 1702

Allerdale Borough Council
Allerdale House, Workington, Cumbria,
CA14 3YJ