Award

Provision of Bus Service - Route 340

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

AwardUpdate

13 Nov 2023 at 12:59

Award

18 Oct 2022 at 12:59

Summary of the contracting process

The procurement process led by Transport for London involves the provision of a bus service on Route 340, a public road transport service, in London, United Kingdom. The procurement method used is a competitive procedure with negotiation, with the contract period starting on September 2, 2023, and ending on August 30, 2030.

This tender by Transport for London provides opportunities for businesses, especially those in the public road transport services sector, to compete for a long-term contract. Small and medium enterprises (SMEs) and voluntary, community, and social enterprise organisations (VCSEs) are well-suited to participate. The contract is already awarded to London Sovereign, showing successful business growth potential in this industry category.

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Notice Title

Provision of Bus Service - Route 340

Notice Description

Provision of bus service route 340 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-b5fd17-33010f1e-5609-44bd-9f60-b7ba1efa5da1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5a928975-1975-4255-b8a0-e536e49a3d96
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
£2,735,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,299,761 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
13 Nov 20232 years ago
Submission Deadline
5 Jul 2022Expired
Future Notice Date
Not specified
Award Date
31 Aug 20223 years ago
Contract Period
1 Sep 2023 - 30 Aug 2030 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

LONDON SOVEREIGN

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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