Award

Provision of bus service - Route R3

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

15 Jul 2024 at 12:56

Summary of the contracting process

Transport for London has awarded a contract for the provision of bus service route R3 in London. The tender valued at £2,486,000 was procured through a selective competitive procedure with negotiation, with a contract period from 29th March 2025 to 26th March 2032. Interested businesses should note the tender period ended on 16th January 2024.

This opportunity to provide public road transport services presents a lucrative chance for SMEs and larger companies in the public transport sector to expand their operations. Businesses with experience in managing bus services and operating in the London region would be well-suited to compete in this procurement process.

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Notice Title

Provision of bus service - Route R3

Notice Description

Provision of bus service route R3 for 7 years. Please note, costs posted on Contracts Finder sometimes differ from those on the internet, this is due to post award negotiations.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-247cc900-7473-4482-9be0-c87f9a2cceb4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2488e9f8-0b7c-417b-873c-d3d458da9a23
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
£2,486,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,332,050 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jul 20241 years ago
Submission Deadline
16 Jan 2024Expired
Future Notice Date
Not specified
Award Date
11 Mar 20241 years ago
Contract Period
29 Mar 2025 - 26 Mar 2032 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

METROBUS

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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