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Provision of bus service - Route 425

Transport for London

This public procurement record has 1 release in its history.

Award

27 Nov 2024 at 12:14

Award Notice
Summary of the contracting process

Transport for London has awarded a contract for the provision of bus service Route 425 to Stagecoach East London. This contract, classified under "Public road transport services" (CPV code 60112000), is valued at £8,660,000 and will run for seven years, starting from 5th July 2025 to 2nd July 2032. The service will be delivered in London, United Kingdom. The procurement followed a "selective" method, specifically a competitive procedure with negotiation above the threshold. The tendering stage concluded on 27th August 2024, with the award being activated on 27th September 2024.

This tender presents significant opportunities for businesses involved in public road transport services. SMEs and VCSEs are particularly encouraged to participate in such competitive tenders. The awarded contract highlights opportunities for growth in the provision of bus services within London, offering long-term stability and partnership with a major public transport authority. Companies with expertise in managing large-scale public transportation networks would find this tender to be well-suited for their capabilities.

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Notice Information

Notice Title

Provision of bus service - Route 425

Notice Description

Provision of bus service route 425 for 7 years. Please note, cost posted on Contracts Finder sometimes differ from those on the internet, this is due to post award negotiations.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-01c8c06f-2bb7-4d12-a462-c243e68e61a1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c3f100aa-a55b-410e-a815-99a28cd52c75
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

60 - Transport services (excl. Waste transport)

CPV Codes

60112000 - Public road transport services

Notice Value(s)

Tender Value
£8,760,001 £1M-£10M
Lots Value
Not specified
Awards Value
£8,660,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Nov 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Sep 20242 years ago
Contract Period
5 Jul 2025 - 2 Jul 2032 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Transport for London
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SE1 8NJ
Postcode Area
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI London
Local Authority
Southwark
Electoral Ward
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

Stagecoach East London

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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