Award

Provision of bus service - Route 434

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

07 Nov 2024 at 12:00

Summary of the contracting process

The public procurement process for the "Provision of bus service - Route 434" in London has reached the award stage, handled by Transport for London (TfL). This tender, classified under CPV code 60112000 for public road transport services, involves the provision of bus service for a three-year period starting from 30 August 2025 to 1 September 2028. The procurement method employed was a competitive procedure with negotiation, above the threshold. The total contract value is £1,426,997 GBP. Key dates include the tender period ending on 27 August 2024 and the award publication date on 7 November 2024. The primary category of this procurement is services, and it is relevant for SMEs and VCSEs.

This tender opens up significant business growth opportunities for companies specializing in public transportation services. With a substantial contract value and an extended service period, businesses that can provide reliable and efficient bus services stand to gain in terms of revenue and experience. Companies like Metrobus, which secured this contract, demonstrate the potential for well-established public transport providers to thrive. SMEs and VCSEs with capabilities in public road transport services could find this procurement particularly attractive, providing an avenue to establish or reinforce their presence in the London transport sector.

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Notice Title

Provision of bus service - Route 434

Notice Description

Provision of bus service route 434 for 3 years. Please note, cost posted on Contracts Finder sometimes differ from those on the internet, this is due to post award negotiations.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0e36dfb3-f30a-4e66-aef1-9882800d4ee0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/19c3f7a1-6c5d-444d-855d-4b947fbbdc5e
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
£1,757,839 £1M-£10M
Lots Value
Not specified
Awards Value
£1,426,997 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Nov 20241 years ago
Submission Deadline
27 Aug 2024Expired
Future Notice Date
Not specified
Award Date
17 Oct 20241 years ago
Contract Period
29 Aug 2025 - 1 Sep 2028 3-4 years
Recurrence
Not specified

Notice Status

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

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
Post Town
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

METROBUS

Further Information

Notice Documents

Notice URLs

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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