Award

Provision of bus service - Route 18/N18

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

26 Nov 2024 at 15:52

Summary of the contracting process

Transport for London has completed the procurement process for the "Provision of bus service - Route 18/N18" under the industry category "Public road transport services". The contract, which will run from 9 November 2024 to 7 November 2031, was awarded to London Transit on 19 August 2024 for a total value of £16,668,729 GBP. The service will operate in London, United Kingdom, and the procurement method used was a competitive procedure with negotiation above the threshold. The tender process reached its conclusion with the contract award stage and involved selective procurement, allowing small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) to participate.

This tender offers significant opportunities for businesses in the public transport sector, especially those specialising in road transport services. Companies well-suited to compete in such tenders include those with experience in large-scale transportation operations and the capacity to manage long-term contracts. The procurement process, being competitive with negotiation, favours businesses with strong negotiation skills and the ability to meet or exceed the set service standards. This contract will provide substantial exposure and recurring revenue over the seven-year period, making it a lucrative opportunity for the successful bidder.

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Notice Title

Provision of bus service - Route 18/N18

Notice Description

Provision of bus service route 18/N18 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-b5fd17-2dce2638-cb13-4b72-9ee7-b58c8d22c24d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dfe11299-6bfb-4a9f-94ad-ab052e445eb0
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
£17,987,585 £10M-£100M
Lots Value
Not specified
Awards Value
£16,668,729 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Nov 20241 years ago
Submission Deadline
9 Apr 2024Expired
Future Notice Date
Not specified
Award Date
18 Aug 20241 years ago
Contract Period
9 Nov 2024 - 7 Nov 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
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

LONDON TRANSIT

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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