Award

Research and Economic Analysis into Concessionary Bus Fares

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

11 Apr 2023 at 10:57

Summary of the contracting process

The Department for Transport (DfTc) has awarded a contract for "Research and Economic Analysis into Concessionary Bus Fares" to SYSTRA LIMITED. The procurement method used was selective, following a Restricted procedure. The contract value is £503,409 GBP, with a contract period starting on 28th March 2023 and ending on 29th February 2024. The tender closed on 17th February 2023. The main procurement category is services, and the contract was awarded on 28th March 2023.

This tender presents an opportunity for businesses involved in feasibility studies, economic research services, and advisory services to compete for contracts within the transportation sector. Companies with expertise in these areas and large-scale capacities may find this tender suitable for business growth ventures. The Department for Transport is looking to engage with potential suppliers to provide key research and analysis services related to concessionary bus fares, offering a significant financial opportunity within the public procurement sector.

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Notice Title

Research and Economic Analysis into Concessionary Bus Fares

Notice Description

Research and Economic Analysis into Concessionary Bus Fares

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3537aab0-a089-41d3-9871-702b23ea143a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e82c9a80-86a6-4609-a8c7-4c52db72596b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

71241000 - Feasibility study, advisory service, analysis

79311400 - Economic research services

Notice Value(s)

Tender Value
£503,409 £500K-£1M
Lots Value
Not specified
Awards Value
£503,409 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
11 Apr 20232 years ago
Submission Deadline
17 Feb 2023Expired
Future Notice Date
Not specified
Award Date
27 Mar 20232 years ago
Contract Period
27 Mar 2023 - 29 Feb 2024 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
DFTC - DEPARTMENT FOR TRANSPORT
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
SW1P 4DR
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

SYSTRA

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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