Award

Provision of bus service - Route 55/N55

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

27 Nov 2024 at 11:26

Summary of the contracting process

Transport for London (TfL) has completed a procurement process for the provision of bus service routes 55/N55, covering a period of four years. The competitive procedure with negotiation was completed on 27 November 2024. The services fall under the industry category of Public Road Transport Services (CPV 60112000). The contracting period is set to begin on 1 March 2025 and will conclude on 2 March 2029. The minimum value of this contract is £10,859,000. The primary service location for this procurement is London, United Kingdom.

This tender represents a significant opportunity for businesses in the public transport sector, especially those with the capacity to manage long-term service contracts. SMEs and voluntary, community, and social enterprises (VCSEs) are also considered suitable for this procurement, encouraging a diverse range of participants. The contract, awarded to Stagecoach East London, is valued at £10,729,000. Businesses that possess experience in public transportation and are looking for substantial growth through extended and stable contracts would find this an excellent opportunity to expand their operations within the extensive transport network managed by TfL.

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Notice Title

Provision of bus service - Route 55/N55

Notice Description

Provision of bus service route 55/N55 for 4 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-b5fd17-2012423e-e8ed-4993-a348-1bd23a4f2ab5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5125a505-164a-4a54-b7ff-432aa371de26
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
£10,859,001 £10M-£100M
Lots Value
Not specified
Awards Value
£10,729,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Nov 20241 years ago
Submission Deadline
17 Sep 2024Expired
Future Notice Date
Not specified
Award Date
1 Nov 20241 years ago
Contract Period
1 Mar 2025 - 2 Mar 2029 4-5 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
Richard Rampton
Contact Email
contracts.tendering@tfl.gov.uk
Contact Phone
Not specified

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

STAGECOACH EAST LONDON

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

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