Award

Evaluation of the PS3 National Bus Fare Cap

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

13 Jun 2025 at 09:15

Summary of the contracting process

The Department for Transport, located in London, has completed the procurement process titled "Evaluation of the £3 National Bus Fare Cap," falling under the research and development services industry category. This contract is part of a selective procurement method using a call-off from a dynamic purchasing system. The tender period ended on 6th May 2025, with the award published on 13th June 2025. The contract commenced on 11th June 2025 and will run until 31st March 2026, reflecting a significant commitment to this service area across the United Kingdom and beyond, including British Overseas Territories and other regions.

This tender represents a compelling opportunity for businesses involved in research and consultancy services. It is particularly beneficial for small and medium-sized enterprises (SMEs) seeking to expand their portfolios in evaluating transport infrastructure. Businesses with expertise in delivering impactful evaluations that assess both value for money and strategic impact would find this project aligned with their capabilities. As the awarded contract was secured by Frontier Economics Ltd, it underscores the competitive nature of this market opportunity, encouraging similar entities to engage in future tenders and collaborations with public sector bodies.

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Notice Title

Evaluation of the PS3 National Bus Fare Cap

Notice Description

The Department for Transport has awarded a contract to a Supplier to deliver a high-quality impact and value for money evaluation of the PS3 National Bus Fare Cap.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0b0df514-93af-4aec-9e78-a308077c1136
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9d2104cb-656d-402f-a8bd-9f7dd7b442dc
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£183,958 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Jun 20258 months ago
Submission Deadline
6 May 2025Expired
Future Notice Date
Not specified
Award Date
9 Jun 20258 months ago
Contract Period
10 Jun 2025 - 31 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DFTC - DEPARTMENT FOR TRANSPORT
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
SW1P 4DR
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

FRONTIER ECONOMICS

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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