Wates to sign £111m deal for Victoria Tower restoration in May

Victoria Tower Gardens and Parliament

Source: Malcolm Reading Consultants / Emily Whitfield-Wicks

Price for job soars by £15.6m after two botched competitions

Wates has been handed a £111m job to restore Parliament’s grade I-listed Victoria Tower following two botched tender processes.

The firm has been appointed under a negotiated procedure instead of an open competition out of “extreme urgency”, according to Parliament, as repairing the crumbling tower is considered a “safety critical project”.

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