Award

Provision of bus service - Route U4

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

06 Dec 2024 at 13:38

Summary of the contracting process

Transport for London has completed a competitive procurement process for the provision of bus service route U4 in London. This service will be operated by Metroline West under a seven-year contract, from 26th October 2024 to 24th October 2031, with an awarded value of £4,503,711. The procurement process, which followed a selective method involving competitive negotiation above threshold, concluded with an award decision published on 6th December 2024. The process commenced with the tender period ending on 8th August 2023.

This tender offers substantial opportunities for growth, particularly for businesses specialising in public road transport services. The contract's long duration ensures consistent revenue streams for the successful bidder, making it an attractive prospect for both large and small to medium enterprises (SMEs), as well as voluntary, community, and social enterprises (VCSEs). Companies capable of providing reliable and efficient bus services in an urban setting like London would be well-positioned to compete in such procurement processes in the future.

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Notice Title

Provision of bus service - Route U4

Notice Description

Provision of bus service route U4 for 7 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-b5fd17-2453a0d7-5600-43b4-9b6b-4e5d04be0bb1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/af5efcdd-e469-4716-a019-46f1e77337da
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
£4,649,241 £1M-£10M
Lots Value
Not specified
Awards Value
£4,503,711 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
6 Dec 20241 years ago
Submission Deadline
8 Aug 2023Expired
Future Notice Date
Not specified
Award Date
5 Dec 20232 years ago
Contract Period
25 Oct 2024 - 24 Oct 2031 Over 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
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

METROLINE WEST

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

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